TEAM

To continuously build and rebuild a world-class team at Keating International (KI) that is capable of using its proprietary problem-oriented and research-driven approach for providing our corporate finance and advisory services to early stage technology companies we developed a hybrid human resources system.

Using this hybrid human resources system we have combined support from external business and technology experts with our own internal support which is led by our team leader who brings over 35 years of visionary and disciplined experience in advising, investing in and starting early stage technology companies.

TEAM LEADER

Patrick Keating - Founder and President of KI

PROFESSIONAL EXPERIENCE AND EDUCATION

Patrick has been investing in, advising and starting early stage technology companies for over 35 years beginning in San Francisco in 1988.

Before beginning his work in the financial services industry in 1988 Patrick spent several years working in local and state governments in Montana with an emphasis on economic development, energy efficiency and renewables.

Patrick started his career in the financial services industry beginning in 1988 by relocating to San Francisco from Montana where he began working as an Account Executive providing investment advisory services to individuals, corporate executives and early stage technology companies at

Morgan Stanley,
Merrill Lynch,
Citicorp, and;
Hambrecht & Quist Investment Banking (H&Q).

H&Q is where Patrick learned the problem-oriented and research-drive approach the founders of H&Q developed to support early stage technology companies from an “idea to an IPO (Initial Public Offering of Stock)”.

This experience included participating in H&Q’s own IPO on the NASDAQ in 1996 when the company raised $56.0 million from its offering to the public.

Established by Bill Hambrecht and George Quist in 1968 H&Q pioneered the problem-oriented and research-driven approach in providing corporate finance and advisory services to the technology sector.

During Patrick’s three years at H&Q the company completed

241 IPO’s for leading early stage technology companies within its focus market sectors such as Netscape, Amazon and Pixar with a total dollar volume of $13.9 billion; and,
184 M&A transactions with a total dollar volume of $20.1 billion.

In 1998 Patrick left H&Q to pursue his goal of obtaining global experience in the area of corporate finance and advisory services by relocating from San Francisco to Istanbul TURKEY where he focused on earl stage technology companies in Eastern Europe, Central Asia, the Middle East and Africa.

In Istanbul Patrick became the Managing Director of Corporate Finance and Advisory Services for Strateji Securities from 1998 - 2002.

At Strateji he led its focus on early and growth stage technology companies in Turkey and the surrounding regions and positioned it as the leader in this segment of the market.

This included organizing the first technology investment conference in Turkey in 2000 at the Swiss Hotel in Istanbul with 32 companies presenting to over 1500 participants from Turkey and the EMEA region.

From 2002-2005 Patrick led Is Venture Capital - the largest venture capital fund in Turkey at the time - as its General Manager with a focus on investing in early and growth stage technology companies.

Under his leadership Is Venture Capital became the leader in the venture capital market in Turkey and successfully invested $50.0 million in eight companies achieving an IRR of 23.4% during his tenure at the company.

In addition, in 2004, Patrick led the IPO of Is Venture Capital on the Istanbul Stock Exchange (ISE) providing liquidity for its initial investors and additional capital to continuing investing in early and growth stage technology companies.

In 2005 Patrick left Is Venture Capital and with two other partners from Turkey founded Bosfor Bioscience Partners - BBP.

BBP became the leading corporate finance and advisory service firm to early stage technology companies in the bioscience industry in Turkey which included the sale of a majority stake in Monrol Nuclear Medicine to Eczacibasi Holding - largest M&A deal in the bioscience industry Turkey at the time.

In 2008, Patrick relocated to Lyon FRANCE to work as Senior Partner at Yole Finance - a business unit of Yole Developpement - with a focus on advising early and growth stage technology companies bringing to market the next generation of semiconductor devices and materials.

From 2008 - 2012 Patrick led Yole Finance to become one of the leading advisors in the world to early stage technology companies bringing to market the next generation of semiconductor devices and materials.

In early 2012, Patrick left Yole to launch Keating International here in Lyon FRANCE.

Patrick is originally from Atkinson Nebraska in the USA where he grew up as one of eight children working in his family’s agribusiness which consisted mainly of a farm equipment dealership - IHC/CaseIH - and farming operation.

Patrick attended undergraduate schools at Wayne State College in Wayne Nebraska from 1975-1976 and St. John’s University in Collegeville, Minnesota from 1976-1979 where he graduated with a Bachelor of Science degree in May of 1979.

Patrick attended graduate school at the University of Montana in Missoula, Montana from 1979-1980 where he graduated with a Master of Public Administration degree in May of 1984.

Accomplishments

Over the past 42 years in his professional career Patrick has overcome many challenges to accomplish the goals and objectives he set for himself.

But, for Patrick, nothing beats the sense of pride that comes from successfully supporting early stage technology companies solving problems with the next generation of advanced technologies.

Outside of Work

Outside of work, you can find Patrick contributing his time to build a better community in Lyon and enjoying many different activities with his wife and son in France, Europe and the rest of the world.