Headgate Clients

Head of Capital Markets and M&A Strategy
> 50 years combined experience
Strategic IR and Corporate Finance Counsel
Advisory Board and Executive Advisory
Current Positionslogo-current-malogo-n-lightlogo-xlight
Previous Positionslogo-previous-malogo-previous-irlogo-previous-exec
Industry Focus

WFE systems and components
✅✅✅✅✅✅✅✅

Foundries and OSATs

Quantum, Photonics, Lasers, and Optical
✅✅✅✅✅✅✅✅

Semiconductor Test and Advanced Packaging
✅✅✅

HDD, Solar PV, FPD & LED Manufacturing
✅✅✅

Fabless Semi or IDM
✅✅

EDA & Manufacturing Software
✅✅

Headgate Transactions

2026

Equity

nlight logo

$201,000,000

Deal Team & Syndicate Optimization for Follow-on Equity Offering

2025

M&A

Skywater Logo

$93,000,000

Acquisition of Infineon’s Fab 25

2024

Equity

ichor logo

$144,000,000

Follow-on Equity Offering

2021

M&A

intevac logo

$70,000,000

Sale of Photonics business to EOTECH

2021

M&A

ichor logo

$270,000,000

Acquisition of IMG

2020

Equity

ichor logo

$146,000,000

Follow-on Equity Offering

2019-2020

Excess Cash Deployment

intevac logo

Top 25 Investor Survey on Capital Deployment Priorities

2020

M&A

ichor logo

Acquisition of CR Machine (Mexico operation)

2019

M&A

nanometrics logo

$1,700,000,000

Merger with Rudolph to become ONTO

2019

M&A

ichor logo

Acquisition of Flow Control IP

2018-2019

Buybacks

ichor logo

$100,000,000

Multiple Stock Repurchase Programs

2017-2018

Buybacks

intevac logo

$50,000,000

Multiple Stock Repurchase Programs

2018

Equity

ichor logo

$102,000,000

Follow-on Equity Offering

2018

M&A

ichor logo

$7,000,000

Acquisition of IAN Engineering

2018

M&A

nanometrics logo

$40,000,000

Acquisition of 4D Technology

2018

Equity

ichor logo

$95,000,000

Follow-on Equity Offering

2017

M&A

ichor logo

$130,000,000

Acquisition of Talon

2017

Buybacks

nanometrics logo

$130,000,000

Multiple Stock Repurchase Programs

2017

M&A

ichor logo

$50,000,000

Acquisition of Cal-Weld

2016

M&A

mks logo

$1,000,000,000

IR Messaging for Newport Acquisition

2016

Equity

ichor logo

$50,000,000

IPO

2011-2015

Buybacks

mks logo

$200,000,000

Multiple Stock Repurchase Programs

2014

M&A

mks logo

$87,000,000

IR Messaging for Granville-Phillips Acquisition

2013

Buybacks

intevac logo

$30,000,000

Stock Repurchase Program

2012

Buybacks

nanometrics logo

$20,000,000

Stock Repurchase Program

2011-2012

Excess Cash Deployment

mks logo

Top 25 Investor Survey on Capital Deployment Priorities

2011

M&A

intevac logo

$12,000,000

Acquisition of Solar Implant Technologies

2011

M&A

nanometrics logo

$23,000,000

Acquisition of Nanda Technology

2010

M&A

logo imago

Sale to AMETEK

2010

Buybacks

nanometrics logo

$10,000,000

Stock Repurchase Program

2009

Equity

kulicke soffa logo

$40,000,000

Follow-on Equity Offering

2009

Equity

nanometrics logo

$34,000,000

Follow-on Equity Offering

2009

M&A

nanometrics logo

$8,000,000

Acquisition of Zygo Semi. Solutions

2008

M&A

intevac logo

$15,000,000

Acquisition of Oerlikon HDD business

2008

Debt

credence logo

$30,000,000

Convertible Debt Refinancing

2008

M&A

nanometrics logo

$3,500,000

Acquisition of Tevet

2007

M&A

intevac logo

$6,000,000

Acquisition of Creative Display Solutions

2007

M&A

nanometrics logo

Divestiture of CD-SEM & DiVA product lines

2006

M&A

pdf solutions logo

$36,000,000

Acquisition of Si Automation

2006

M&A

nanometrics logo

$55,000,000

Acquisition of Accent Optical

2006

M&A

nanometrics logo

$7,000,000

Acquisition of Soluris