Progress Partners names Sanjay Puri managing director

11 March 2020 2 min. read
More news on

Corporate mergers and acquisitions (M&A) advisory firm Progress Partners has named Sanjay Puri managing director. Puri has more than 25 years of industry experience during a career in which he has raised more than $500 million in capital for businesses and clients.  

"We are very pleased with this addition to our team and the momentum we've carried over from 2019 into the new year," Nick MacShane, founder and senior managing director of Progress Partners, said. "Sanjay brings years of experience as both an executive operator, financial leader and media professional with a rolodex of relationships at both the C Suite, Family Office and Investor level that we are confident will increase the volume, size and sector diversification of deals for Progress Partners. Given his operational experience with early stage companies we are also looking forward to his contributions on the Progress Ventures side of our business."

Progress Partners names Sanjay Puri managing director

To this point, Puri has served as an executive-in-residence (EIR) at Progress Partners. Before that, he spent more than two years at MoviePass, first as a senior adviser, then as CSO, CFO, and COO. He is also the founder of 207 Consulting Inc, a consultancy that works with later-stage fintech, media, software, and subscription businesses. He also founded Sankofa Capital, an equity hedge fund focusing on technology, media, and telecom. He holds a bachelor’s degree from Pepperdine University and an MBA from Columbia University.

"After being an EIR at Progress Partners for the last few months, I am excited to join the team in a full-time capacity, focusing on a number of interesting and sizable deals in the OTT streaming, media content, sports and fintech space,” Puri said. “It has been a great opportunity to reconnect with long-standing management, Family Office and Strategic relationships that I've had the good fortune to develop over the past 25 years. Most importantly, I appreciate the team-driven approach and high ethical standards Nick and my colleagues at Progress Partners exhibit every day."

Progress Partners is based in Boston and New York. The firm works with emerging tech companies, and offers expertise in the media, marketing, and advertising sectors. In addition to M&A advisory services, it assists clients in raising debt or equity capital, and developing and implementing strategic growth plans.