Argentum Announces Promotions and New Hires

Argentum, a growth equity firm that partners with entrepreneurial owners to build industry leading B2B software, technology-enabled, and business services companies, is pleased to announce two promotions and the addition of two new members to its investment team. We congratulate Chris Leong on becoming a Partner and Mike Ulliman on his promotion to Principal. We also welcome Ryan Pfeiffer and Sohum Doshi, who have joined the firm as Associates.

PROMOTIONS
Commenting on the promotions, Daniel Raynor, co-Founder and Managing Partner, said “Chris and Mike have been important contributors to the firm’s success and we look forward to their taking on increasing levels of responsibility. Since Chris took over the firm’s business development function four years ago, he has had an important impact on the effectiveness of our outbound origination efforts, which has become the firm’s leading source of investment opportunities, while also doing an outstanding job supporting our portfolio companies through initiating important strategic transactions.”

Chris Leong first joined Argentum as a member of the investment team nearly 20 years ago. Chris served as a Senior Associate until 2002, when he joined the executive team at Sirit, Inc., a leading, growth stage developer of RFID technology. During his 6-year stint at Sirit, Chris served as a Vice President, holding executive responsibility for business development, M&A, and corporate strategy, and established/led a number of new business units. Chris rejoined Argentum’s investment team in 2008 and has been primarily focused on new deal origination for the firm’s investment funds and portfolio company business development since 2014. Chris began his career as an analyst with the Lehman Brothers Merchant Banking Partners private equity fund and is a graduate of The Wharton School of the University of Pennsylvania.

Mike Ulliman joined Argentum in 2015 and is involved in sourcing new opportunities, evaluating and executing new investment transactions, and working directly with Argentum’s portfolio companies. Prior to joining Argentum, Mike worked at Barclays in the Technology, Media & Telecom investment banking group where he advised clients on mergers, acquisitions and capital markets transactions. Previously, Mike worked as an investment banking analyst at Signal Hill Capital Group and as an analyst in Comerica Bank’s venture debt group. Mike received his B.S. in Finance from Virginia Tech and MBA from Duke University’s Fuqua School of Business.

Walter Barandiaran, co-Founder and Managing Partner, commented, “Mike has truly become an important member of Argentum, demonstrating a proactive approach to investment execution and portfolio management, helping to add substantial value throughout the investment lifecycle. We are pleased to see Mike continue to grow as a key member of the investment team.”

NEW HIRES
Ryan Pfeiffer was previously an analyst at Deutsche Bank in the Consumer and Business Services investment banking group where he advised clients on mergers, acquisitions, and capital markets transactions. While in school, Ryan interned at BlackRock and Clear Growth Capital. Ryan holds a B.S. in Finance and Marketing from Arizona State University, where he earned an honors degree from Barrett, the Honors College.

Sohum Doshi joins Argentum from Oliver Wyman where he was an associate, advising clients in the private equity, financial services and health care industries on strategy and operations. Previously, he was a strategy associate at Zipline International, which operates the world’s only drone delivery service at national scale for urgent medical supplies. Sohum holds a B.S. in Finance and Operations Management from The Wharton School of the University of Pennsylvania, where he graduated summa cum laude.

About Argentum
Argentum is a New York-based growth equity firm that supports entrepreneurial owners in building industry-leading B2B software, technology-enabled and business services companies. The firm partners with management teams of companies with revenues of $5 million to $25 million, providing capital to accelerate growth, fund acquisitions or generate shareholder liquidity. Since raising its first fund in 1990, Argentum has invested in over 80 companies and supported nearly 200 add-on acquisitions. Argentum fills the growing chasm between early stage venture capital investors and later stage growth equity firms by targeting bootstrapped companies seeking $3 to $15 million of capital.