About Us

DRP Capital is an investment bank advising clients in China and around the world on cross-border M&A in the industrial, technology and medical sectors.

About Us

About Us

DRP Capital is an investment bank advising clients in China and around the world on cross-border M&A in the industrial, technology and medical sectors.

Our Story

The story of DRP Capital and my personal story as founder have included many “firsts”. I worked in China’s first joint venture investment bank, participating in some of China’s first major overseas IPOs and leading some of China’s first large-sized cross-border M&A deals. Afterwards, as Head of China M&A for a major global bank, I led the bank’s first dedicated M&A team in Shanghai.

Over 12 years of working in Beijing and Shanghai, I learned the importance of combining both a deep understanding of local culture and business practices with expert knowledge of M&A. I also learned first-hand the value of having an experienced and knowledgeable local team on the ground in mainland China. At the same time, I saw that there were very few high-quality M&A advisory firms in China to serve the rapidly growing needs of global companies seeking acquisitions in China and Chinese firms looking to expand overseas.

As a result, in 2009, with the invaluable support of friends, clients and colleagues, I set out to launch another first – DRP Capital. We decided from the start to focus on a limited number of sectors and to work with a select number of high-quality clients to help build their businesses through M&A.

Today, ten years later, we remain focused on three sectors in which cross-border M&A is a critical success factor: industrials, technology and medical. We have completed M&A projects in China and around the world and now occupy three offices in mainland China, Hong Kong and the USA. Our clients have also grown dramatically over the years, and we are excited about the opportunities that lie ahead for us to continue supporting and growing with them.

Our Story

The story of DRP Capital and my personal story as founder have included many “firsts”. I worked in China’s first joint venture investment bank, participating in some of China’s first major overseas IPOs and leading some of China’s first large-sized cross-border M&A deals. Afterwards, as Head of China M&A for a major global bank, I led the bank’s first dedicated M&A team in Shanghai.

Over 12 years of working in Beijing and Shanghai, I learned the importance of combining both a deep understanding of local culture and business practices with expert knowledge of M&A. I also learned first-hand the value of having an experienced and knowledgeable local team on the ground in mainland China. At the same time, I saw that there were very few high-quality M&A advisory firms in China to serve the rapidly growing needs of global companies seeking acquisitions in China and Chinese firms looking to expand overseas.

As a result, in 2009, with the invaluable support of friends, clients and colleagues, I set out to launch another first – DRP Capital. We decided from the start to focus on a limited number of sectors and to work with a select number of high-quality clients to help build their businesses through M&A.

Today, ten years later, we remain focused on three sectors in which cross-border M&A is a critical success factor: industrials, technology and medical. We have completed M&A projects in China and around the world and now occupy three offices in mainland China, Hong Kong and the USA. Our clients have also grown dramatically over the years, and we are excited about the opportunities that lie ahead for us to continue supporting and growing with them.

Our Approach

We focus on China-related M&A in the industrial, technology and medical sectors, and in relation to our M&A business, we also leverage our network of strategic and financial investors to assist rising stars in these sectors to raise growth financing. We work on transactions of all sizes and support our clients throughout all stages of the M&A process, including, when required by buyers, systematic target search. Our senior bankers and the rest of our team apply world-class investment banking expertise and experience to all assignments and immerse themselves in all aspects of each transaction, guiding our clients to help them avoid pitfalls and achieve success.

The Benefits

Our flexibility to work on all transactions pursued by our clients regardless of size, and at all stages in the M&A process, allows us to match our services to client needs better than other firms. We build long-term, trusted relationships with our clients and are proud that the majority of them have chosen to engage us on multiple projects. Working on multiple projects for the same client gives us a familiarity with our clients’ businesses and, combined with our deep experience, sector knowledge, and financial expertise, enables our clients to benefit from a superior service.

Our Approach

We focus on China-related M&A in the industrial, technology and medical sectors, and in relation to our M&A business, we also leverage our network of strategic and financial investors to assist rising stars in these sectors to raise growth financing. We work on transactions of all sizes and support our clients throughout all stages of the M&A process, including, when required by buyers, systematic target search. Our senior bankers and the rest of our team apply world-class investment banking expertise and experience to all assignments and immerse themselves in all aspects of each transaction, guiding our clients to help them avoid pitfalls and achieve success.

The Benefits

Our flexibility to work on all transactions pursued by our clients regardless of size, and at all stages in the M&A process, allows us to match our services to client needs better than other firms. We build long-term, trusted relationships with our clients and are proud that the majority of them have chosen to engage us on multiple projects. Working on multiple projects for the same client gives us a familiarity with our clients’ businesses and, combined with our deep experience, sector knowledge, and financial expertise, enables our clients to benefit from a superior service.

MEET OUR TEAM

DRP Capital’s team of expert professionals has a breadth and depth of experience across Asia and beyond.

MEET OUR TEAM

DRP Capital’s team of expert professionals has a breadth and depth of experience across Asia and beyond.

Bob Dodds

FOUNDER AND MANAGING DIRECTOR

Bob has over 20 years of M&A experience. He is based in Hong Kong and travels frequently to mainland China. Bob is originally from New York and is fluent in Mandarin.

Based in Hong Kong, Bob has lived and worked in Beijing, Shanghai and Hong Kong for over 20 years and is one of the foremost advisors and practitioners of China-related M&A.

Prior to founding DRP Capital in 2009, Bob was Head of China M&A for the Global Investment Banking Division of HSBC. Before joining HSBC in 2004, Bob worked for seven years as a senior banker at China International Capital Corporation Limited (CICC) when it was a joint venture of Morgan Stanley and the leading local investment bank in China. While at CICC, Bob was responsible for M&A and led most of the firm’s M&A transactions. Bob has advised leading global multinationals such as Philips, Alcatel-Lucent, II-VI, Emerson, Pirelli, Bunge, and Unilever on M&A in China and has led cross-border M&A transactions for major Chinese enterprises such as Han’s Laser and Wego. Earlier in his career, Bob also worked on some of China’s most significant IPOs and equity placements including the US$2.7 billion IPO of Petrochina, the US$458 million IPO of Aluminum Corporation of China (Chalco), the US$948 million IPO of Baosteel (China’s largest A share IPO on record at the time of listing), and China Mobile’s US$750m equity placement to Vodafone.

Bob holds JD and MSFS degrees from Georgetown University and a BA from Columbia University.

Jeff Juran

VICE PRESIDENT

Jeff has over 15 years of experience advising global clients on investments, operations and sourcing in China and supports DRP on China target search and acquisition projects. Jeff is originally from Portland, Oregon and is fluent in Mandarin and German.

Jeff has deep experience and expertise in identifying and assessing partners and investment targets in China for his clients. He has performed due diligence on hundreds of factories in mainland China across a large number of industrial and medical sectors including electronics, medical devices, injection-molded and extruded plastic, sheet metal, glass, cast and extruded aluminum, weldments, and refrigeration systems and products.

Jeff holds an MA in East Asian Studies from UC Berkeley, and a BA in East Asian Studies from the University of Oregon.

Yang Ye

VICE PRESIDENT

Yang has over 10 years of finance industry experience. She is based in Hong Kong and primarily supports DRP on the marketing of sell-side projects. Yang is originally from Shanghai and is fluent in English.

Prior to joining DRP Capital, Yang was a Senior Investment Manager at Pacific Asset Management Co. Ltd. in the Project Investment Department. In this role, she completed a number of projects with a total investment of RMB10 billion. Previously, Yang spent ten years in the Investment Banking Department of China International Capital Corporation Limited (CICC), where she was involved in IPOs, financial advisory, private equity and M&A.

Yang received her B.A. from Shanghai Jiaotong University and her MBA from the University of Birmingham, UK.

Paul Marin

VICE PRESIDENT

Paul is based in Washington, DC and supports DRP on US-related projects. Paul grew up in Romania and Washington State, USA and is a long-term resident of the Washington, DC area.

Paul has many years of experience advising clients from the US, Asia and Europe on acquisitions in the US market. Besides M&A, he also has expertise in market research and business strategy.

Paul’s experience includes a diverse set of roles at Capstone Strategic and Crossroads Capital, two boutique M&A firms in the Washington, DC area. His primary focus has been on buy-side M&A advisory. Paul has worked across a number of different sectors including industrials, life sciences, technology, IT services, chemicals and others.

Paul holds a BA in International Affairs from The George Washington University in Washington, DC.

Shirley Wang

ASSOCIATE

Shirley is based in Shanghai. She is originally from Kunming in Yunnan Province, China and is fluent in English.

Since joining DRP in 2015, Shirley has worked on many of DRP’s M&A transactions including Wego Capital’s acquisition of Rad Source Technologies. Prior to DRP, Shirley held internships at Roland Berger and the State Administration of Foreign Exchange (SAFE).

Shirley received a bachelor’s degree in Finance from Shanghai University of Finance and Economics and studied overseas at FH Kufstein Tirol University of Applied Sciences in Austria.

Wecy Liu

ASSOCIATE

Wecy is based in Shanghai and is responsible for marketing, research, and administrative support. She is a native of Shanghai and is fluent in English.

Prior to joining DRP, Wecy worked in finance, accounting and operations roles at a local, publicly listed company, and a large multinational firm.

Wecy holds a BS in Management with an Economics major and Computer Science minor, from Purdue University, Krannert School of Management in the US.

Bob Dodds

FOUNDER AND MANAGING DIRECTOR

Bob has over 20 years of M&A experience. He is based in Hong Kong and travels frequently to mainland China. Bob is originally from New York and is fluent in Mandarin.

Based in Hong Kong, Bob has lived and worked in Beijing, Shanghai and Hong Kong for over 20 years and is one of the foremost advisors and practitioners of China-related M&A.

Prior to founding DRP Capital in 2009, Bob was Head of China M&A for the Global Investment Banking Division of HSBC. Before joining HSBC in 2004, Bob worked for seven years as a senior banker at China International Capital Corporation Limited (CICC) when it was a joint venture of Morgan Stanley and the leading local investment bank in China. While at CICC, Bob was responsible for M&A and led most of the firm’s M&A transactions. Bob has advised leading global multinationals such as Philips, Alcatel-Lucent, II-VI, Emerson, Pirelli, Bunge, and Unilever on M&A in China and has led cross-border M&A transactions for major Chinese enterprises such as Han’s Laser and Wego. Earlier in his career, Bob also worked on some of China’s most significant IPOs and equity placements including the US$2.7 billion IPO of Petrochina, the US$458 million IPO of Aluminum Corporation of China (Chalco), the US$948 million IPO of Baosteel (China’s largest A share IPO on record at the time of listing), and China Mobile’s US$750m equity placement to Vodafone.

Bob holds JD and MSFS degrees from Georgetown University and a BA from Columbia University.

Jeff Juran

VICE PRESIDENT

Jeff has over 15 years of experience advising global clients on investments, operations and sourcing in China and supports DRP on China target search and acquisition projects. Jeff is originally from Portland, Oregon and is fluent in Mandarin and German.

Jeff has deep experience and expertise in identifying and assessing partners and investment targets in China for his clients. He has performed due diligence on hundreds of factories in mainland China across a large number of industrial and medical sectors including electronics, medical devices, injection-molded and extruded plastic, sheet metal, glass, cast and extruded aluminum, weldments, and refrigeration systems and products.

Jeff holds an MA in East Asian Studies from UC Berkeley, and a BA in East Asian Studies from the University of Oregon.

Yang Ye

VICE PRESIDENT

Yang has over 10 years of finance industry experience. She is based in Hong Kong and primarily supports DRP on the marketing of sell-side projects. Yang is originally from Shanghai and is fluent in English.

Prior to joining DRP Capital, Yang was a Senior Investment Manager at Pacific Asset Management Co. Ltd. in the Project Investment Department. In this role, she completed a number of projects with a total investment of RMB10 billion. Previously, Yang spent ten years in the Investment Banking Department of China International Capital Corporation Limited (CICC), where she was involved in IPOs, financial advisory, private equity and M&A.

Yang received her B.A. from Shanghai Jiaotong University and her MBA from the University of Birmingham, UK.

Paul Marin

VICE PRESIDENT

Paul is based in Washington, DC and supports DRP on US-related projects. Paul grew up in Romania and Washington State, USA and is a long-term resident of the Washington, DC area.

Paul has many years of experience advising clients from the US, Asia and Europe on acquisitions in the US market. Besides M&A, he also has expertise in market research and business strategy.

Paul’s experience includes a diverse set of roles at Capstone Strategic and Crossroads Capital, two boutique M&A firms in the Washington, DC area. His primary focus has been on buy-side M&A advisory. Paul has worked across a number of different sectors including industrials, life sciences, technology, IT services, chemicals and others.

Paul holds a BA in International Affairs from The George Washington University in Washington, DC.

Shirley Wang

ASSOCIATE

Shirley is based in Shanghai. She is originally from Kunming in Yunnan Province, China and is fluent in English.

Since joining DRP in 2015, Shirley has worked on many of DRP’s M&A transactions including Wego Capital’s acquisition of Rad Source Technologies. Prior to DRP, Shirley held internships at Roland Berger and the State Administration of Foreign Exchange (SAFE).

Shirley received a bachelor’s degree in Finance from Shanghai University of Finance and Economics and studied overseas at FH Kufstein Tirol University of Applied Sciences in Austria.

Wecy Liu

ASSOCIATE

Wecy is based in Shanghai and is responsible for marketing, research, and administrative support. She is a native of Shanghai and is fluent in English.

Prior to joining DRP, Wecy worked in finance, accounting and operations roles at a local, publicly listed company, and a large multinational firm.

Wecy holds a BS in Management with an Economics major and Computer Science minor, from Purdue University, Krannert School of Management in the US.

Bob Dodds

FOUNDER AND MANAGING DIRECTOR

Bob has over 20 years of M&A experience. He is based in Hong Kong and travels frequently to mainland China. Bob is originally from New York and is fluent in Mandarin.

Based in Hong Kong, Bob has lived and worked in Beijing, Shanghai and Hong Kong for over 20 years and is one of the foremost advisors and practitioners of China-related M&A.

Prior to founding DRP Capital in 2009, Bob was Head of China M&A for the Global Investment Banking Division of HSBC. Before joining HSBC in 2004, Bob worked for seven years as a senior banker at China International Capital Corporation Limited (CICC) when it was a joint venture of Morgan Stanley and the leading local investment bank in China. While at CICC, Bob was responsible for M&A and led most of the firm’s M&A transactions. Bob has advised leading global multinationals such as Philips, Alcatel-Lucent, II-VI, Emerson, Pirelli, Bunge, and Unilever on M&A in China and has led cross-border M&A transactions for major Chinese enterprises such as Han’s Laser and Wego. Earlier in his career, Bob also worked on some of China’s most significant IPOs and equity placements including the US$2.7 billion IPO of Petrochina, the US$458 million IPO of Aluminum Corporation of China (Chalco), the US$948 million IPO of Baosteel (China’s largest A share IPO on record at the time of listing), and China Mobile’s US$750m equity placement to Vodafone.

Bob holds JD and MSFS degrees from Georgetown University and a BA from Columbia University.

Jeff Juran

VICE PRESIDENT

Jeff has over 15 years of experience advising global clients on investments, operations and sourcing in China and supports DRP on China target search and acquisition projects. Jeff is originally from Portland, Oregon and is fluent in Mandarin and German.

Jeff has deep experience and expertise in identifying and assessing partners and investment targets in China for his clients. He has performed due diligence on hundreds of factories in mainland China across a large number of industrial and medical sectors including electronics, medical devices, injection-molded and extruded plastic, sheet metal, glass, cast and extruded aluminum, weldments, and refrigeration systems and products.

Jeff holds an MA in East Asian Studies from UC Berkeley, and a BA in East Asian Studies from the University of Oregon.

Yang Ye

VICE PRESIDENT

Yang has over 10 years of finance industry experience. She is based in Hong Kong and primarily supports DRP on the marketing of sell-side projects. Yang is originally from Shanghai and is fluent in English.

Prior to joining DRP Capital, Yang was a Senior Investment Manager at Pacific Asset Management Co. Ltd. in the Project Investment Department. In this role, she completed a number of projects with a total investment of RMB10 billion. Previously, Yang spent ten years in the Investment Banking Department of China International Capital Corporation Limited (CICC), where she was involved in IPOs, financial advisory, private equity and M&A.

Yang received her B.A. from Shanghai Jiaotong University and her MBA from the University of Birmingham, UK.

Paul Marin

VICE PRESIDENT

Paul is based in Washington, DC and supports DRP on US-related projects. Paul grew up in Romania and Washington State, USA and is a long-term resident of the Washington, DC area.

Paul has many years of experience advising clients from the US, Asia and Europe on acquisitions in the US market. Besides M&A, he also has expertise in market research and business strategy.

Paul’s experience includes a diverse set of roles at Capstone Strategic and Crossroads Capital, two boutique M&A firms in the Washington, DC area. His primary focus has been on buy-side M&A advisory. Paul has worked across a number of different sectors including industrials, life sciences, technology, IT services, chemicals and others.

Paul holds a BA in International Affairs from The George Washington University in Washington, DC.

Shirley Wang

ASSOCIATE

Shirley is based in Shanghai. She is originally from Kunming in Yunnan Province, China and is fluent in English.

Since joining DRP in 2015, Shirley has worked on many of DRP’s M&A transactions including Wego Capital’s acquisition of Rad Source Technologies. Prior to DRP, Shirley held internships at Roland Berger and the State Administration of Foreign Exchange (SAFE).

Shirley received a bachelor’s degree in Finance from Shanghai University of Finance and Economics and studied overseas at FH Kufstein Tirol University of Applied Sciences in Austria.

Wecy Liu

ASSOCIATE

Wecy is based in Shanghai and is responsible for marketing, research, and administrative support. She is a native of Shanghai and is fluent in English.

Prior to joining DRP, Wecy worked in finance, accounting and operations roles at a local, publicly listed company, and a large multinational firm.

Wecy holds a BS in Management with an Economics major and Computer Science minor, from Purdue University, Krannert School of Management in the US.

China focus, global reach

  • Advising clients from around the world on China M&A
  • Working with clients and partners in over 20 countries across five continents
  • Advisor on successful acquisitions in China, US, Europe and Israel

China focus, global reach

  • Advising clients from around the world on China M&A
  • Working with clients and partners in over 20 countries across five continents
  • Advisor on successful acquisitions in China, US, Europe and Israel

OUR VALUES

Our values guide the way we work with clients, business partners, within our communities and with each other.

  • We work collaboratively, with each other and with clients.
  • We share knowledge, insights and ideas while respecting client confidentiality at all times.
  • We stay focused on achieving shared goals and not on ourselves as individuals.
  • We always act in our clients’ best interests.
  • We are transparent about any potential conflicts of interest.
  • We never do anything improper that could damage our trustworthiness and reputation.
  • We are passionate about our work and aim to exceed expectations.
  • We never underestimate risks but approach problems with optimism because we believe that with diligence and creativity we can overcome challenges and develop solutions to even the most daunting problems.
  • We continuously evaluate our work and seek ways to improve.
  • We are always open to adopting better processes and approaches.
  • We pay careful attention to details and never compromise the quality of our work.
  • Our clients are from all around the world; we celebrate their diversity and learn from each of them.
  • We have a diverse team that brings different views and perspectives based on their different backgrounds.
  • The diversity of our team members, clients and experiences enable us to develop better creative solutions for our clients and to more deeply understand the diverse parties we encounter in our work.

OUR VALUES

Our values guide the way we work with clients, business partners, within our communities and with each other.

  • We work collaboratively, with each other and with clients.
  • We share knowledge, insights and ideas while respecting client confidentiality at all times.
  • We stay focused on achieving shared goals and not on ourselves as individuals.
  • We always act in our clients’ best interests.
  • We are transparent about any potential conflicts of interest.
  • We never do anything improper that could damage our trustworthiness and reputation.
  • We are passionate about our work and aim to exceed expectations.
  • We never underestimate risks but approach problems with optimism because we believe that with diligence and creativity we can overcome challenges and develop solutions to even the most daunting problems.
  • We continuously evaluate our work and seek ways to improve.
  • We are always open to adopting better processes and approaches.
  • We pay careful attention to details and never compromise the quality of our work.
  • Our clients are from all around the world; we celebrate their diversity and learn from each of them.
  • We have a diverse team that brings different views and perspectives based on their different backgrounds.
  • The diversity of our team members, clients and experiences enable us to develop better creative solutions for our clients and to more deeply understand the diverse parties we encounter in our work.