Ethan E. Jacks
has been involved in M&A and corporate finance for over 30 years.
As a corporate lawyer and partner in firms including McDermott, Will and Emery, Ethan
represented buyers, sellers and investors in high-tech industries, with a focus on media and communications.
In 1991, Ethan left private law practice to become co-founder and senior executive at Molten Metal Technology, a groundbreaking environmental technology company which commercialized MIT-developed intellectual property, and grew to a public market capitalization of over $1 billion.
Ethan moved to Avid Technology in 1999, and for over 7 years served in several senior positions including EVP of Corporate Development, Chief Legal Officer and Chief Financial Officer.
helped drive Avid's
aggressive strategy to grow through M&A, leading a total of 12 acquisitions of private and publicly held companies that fueled growth in Avid's film, video, audio and 3D sectors.
In that period, Avid's revenue doubled to $1 billion, and its market capitalization grew from $400 million to $2.5 billion.
Since 2006, Ethan
has served as venture capitalist and investment banker, most recently at Covington Associates
in Boston, where he
led the Digital Media Practice, along with his
partner John Bowen.
In venture capital, he
led the largest investment in Maven Networks Inc.
before its sale to Yahoo
in 2008 for $160 million.
As an investment banker, his
recent transactions include the sale of film color leader DaVinci Systems to BlackMagic Design, and the sale of pro-audio console leader Euphonix to Avid Technology
has also advised promising early stage companies in obtaining research and development capital, including Dulcetta
, a pioneer in audio augmented e-readers, and Happy Giant
, a maker of celebrity-based social games.
Ethan holds a B.S. from MIT, an MBA from MIT's Sloan School of Management, and a J.D. from Georgetown University Law Center.