Davit is available for hire
Hire DavitDavit Gvelesiani
Verified Expert in Finance
Finance Expert
Location
New York, NY, United States
Toptal Member Since
October 12, 2022
As a venture capital associate at one of the largest Upstate New York funds, David specializes in seed and early-stage investments in the technology and healthcare industries. Previously, as an investment banking analyst at TBC Capital, he led M&A and LBO transactions worth $800M across the telecom, energy, real estate, and infrastructure sectors. At Toptal, David enjoys bringing a positive impact on client strategies in M&A, corporate finance, and strategic development.
Career Highlights
Venture Capital Associate
Simon Venture Fund
Investment Banking Analyst
TBC Capital
Education Highlights
Master of Business Administration (MBA)
University of Rochester
Bachelor's Degree
Free University of Tbilisi
Certification Highlights
SFIC Financial Modeling Training – Wall Street Guide
Financial Edge
Financial & Valuation Modeling
Wall Street Prep
Industry Expertise
Other Expertise
Work Experience
Venture Capital Associate
2023 - PRESENT
Simon Venture Fund
- Served as an associate at one of the largest venture capital funds in Upstate New York, with an investment portfolio exceeding $35M, focusing on seed round and early-stage startups in the technology and healthcare sectors.
- Led the charge in the strategic analysis and evaluation of investment opportunities, presenting potential investments to the board and ensuring alignment with Simon School Venture Fund's strategic objectives.
- Oversaw due diligence for over 10 potential investments. Managed key relationships and negotiations with startup founders and coordinated numerous strategic meetings.
- Engaged in market analysis and identifying potential investment opportunities. Stepped into crisis management for portfolio companies, ensuring long-term success through strategic interventions.
- Led a team of six analysts by optimizing dynamics through strategic task allocation, comprehensive performance evaluations, and delivering insightful feedback to bolster individual skills and overall team efficacy.
Focus areas: Startup Funding, Investments
Investment Banking Analyst
2022 - 2023
TBC Capital
- Built DCF, Merger, and LBO models for transactions totaling $800M while liaising with bank clients and potential investors during auction process negotiations across Georgia's TMT, energy, real estate, and infrastructure sectors.
- Spearheaded a $45M LBO transaction of VEON Ltd.'s (multinational telecom services company) Georgian branch; delivered LBO model and pitch deck presentation for local banks and international financial institutions joining a syndicated debt financing.
- Evaluated seven energy transactions collectively exceeding $200M; initiated and published a macroeconomic report on countrywide electricity consumption patterns and utilized it to forecast future market price dynamics during valuations.
- Assessed a portfolio of properties worth over $250M; evaluated hotels operating under international and local brands, restaurants, commercial and residential buildings, warehouses, development projects, and land plots for decision-making purposes.
- Led a cross-functional collaboration between investment and corporate banking teams to evaluate and secure successful financing for a $175M LBO transaction of a leading Georgian FMCG company operating under the international brand Spar LLC.
Focus areas: Investment Banking, Mergers & Acquisitions (M&A), Transaction Advisory, Real Estate, Excel Expert, Excel Modeling, Telecommunications, Renewables, Energy Utilities, Marine Ports & Infrastructure, Pitch Deck Consultant, Pitch Decks, Residential Real Estate, Private Banking, Banking & Finance, High Net Worth Individuals (HNWI), Financial Markets, Business Strategy, Strategic Planning & Execution, Early-stage Startups, Business Models, Startups, Fundraising Strategy, Fundraising, Fundraising Consultant, Seed Fundraising, Startup Funding, Business Validation, Financial Products, Budgeting, Forecasting, Accounting, Equity Research, Bloomberg Terminal, Equities, Asset Allocation, Capital Asset Pricing Model (CAPM), Financial Planning & Analysis (FP&A), Financial Analysis, Financial Modeling, Revenue & Expense Projections, Financing, Clean Energy, Renewable Energy, Solar, Three-statement Modeling, RiskMetrics, Debt, Mezzanine, DCF Valuation, DCF Modeling, Excel 365, Data Analysis, Investment Memoranda, Investment Committee Advisory, M&A Due Diligence (Financial), Project Finance, Investment Analysis, Industrials, Finance, Leveraged Buyout (LBO), Leveraged Buyout Modeling, Public Companies, Financial Statements, Private Equity, Commercial Real Estate Finance (CREF), Market Research, Eastern Europe, Data, Construction, Debt Raises, Hotels & Lodging, Hospitality, Private Equity Valuation, Real Estate Development, Waterfall Modeling, Venture Capital, Information Memoranda, Structured Finance
Consultant
2020 - 2022
EY
- Evaluated transactions and provided strategic advice to the Government of Georgia in 25 transaction advisory, feasibility study, and regulatory impact analysis projects across the country's telecom, renewable energy, and real estate sectors.
- Evaluated a leading Georgian convergent telecommunication provider as $425M for MD&A purposes; facilitated a strategic $115M transaction involving a leading Georgian mobile telecom company acquiring a Georgian fixed-line telecom operator.
- Managed a corporate restructuring project for a Georgian mobile telecom service provider; led client relationships, designed end-to-end business processes in ARIS, created new mobile bundle offers, and improved operational efficiency by 20%.
- Provided consultancy services to the Government of Georgia on potential MVNO applications in the telecommunications sector and developing exchange systems in the energy market; researched the potential economic impact of a ~500 MW/H hydropower plant.
- Guided investors in shaping their long-term business strategies and enhancing their market penetration; engineered feasibility studies for potential investments across diverse sectors, including real estate, logistics, and manufacturing.
Focus areas: Transaction Advisory, Strategy, Consulting, Real Estate, Excel Expert, Excel Modeling, Telecommunications, Renewables, Energy Utilities, Marine Ports & Infrastructure, Pitch Deck Consultant, Pitch Decks, Residential Real Estate, Private Banking, Banking & Finance, Financial Markets, Business Strategy, Strategic Planning & Execution, Early-stage Startups, Business Models, Startups, Fundraising Strategy, Fundraising, Fundraising Consultant, Seed Fundraising, Startup Funding, Business Validation, Budgeting, Forecasting, Accounting, Equity Research, Bloomberg Terminal, Equities, Asset Allocation, Capital Asset Pricing Model (CAPM), Financial Planning & Analysis (FP&A), Financial Analysis, Financial Modeling, Revenue & Expense Projections, Mergers & Acquisitions (M&A), Financing, Clean Energy, Renewable Energy, Solar, Three-statement Modeling, RiskMetrics, Debt, Mezzanine, DCF Valuation, DCF Modeling, Excel 365, Data Analysis, Project Finance, Investment Analysis, Industrials, Finance, Leveraged Buyout (LBO), Leveraged Buyout Modeling, Public Companies, Financial Statements, Private Equity, Commercial Real Estate Finance (CREF), Market Research, Eastern Europe, Data, Construction, Hotels & Lodging, Hospitality, Private Equity Valuation, Real Estate Development, Waterfall Modeling, Information Memoranda, Structured Finance
Corporate Finance Analyst
2019 - 2020
Silknet
- Provided recommendations for the decision-making process by analyzing and presenting three major financial statements and other relevant industry-specific financial reports of a local telecom company with $140M of annual revenue.
- Administered post-merger procedures of a $145M transaction, collaborating with local and international external consultants; contributed to fostering consolidation synergy and guiding integration, ensuring successful alignment of business operations.
- Helped senior analysts and KPMG auditors in auditing and issuing financial statements; created presentations for investors holding $200M of Eurobonds and actively contributed to budget creation, strategy formulation, and account separation projects.
- Worked with cross-functional teams in accounting, operations, and marketing departments; expanded the billing system within the 1C, optimized reports, and increased the efficiency of internal processes, resulting in a 15% improved financial accuracy.
Focus areas: Corporate Finance, Budgeting, Excel Expert, Excel Modeling, Telecommunications, Pitch Decks, Banking & Finance, Financial Markets, Business Strategy, Strategic Planning & Execution, Business Models, Fundraising, Forecasting, Interim Financial Controller, Controller, Internal Financial Reporting, Accounting, Financial Planning & Analysis (FP&A), Financial Analysis, Financial Modeling, Revenue & Expense Projections, Mergers & Acquisitions (M&A), Financing, Three-statement Modeling, RiskMetrics, Debt, DCF Valuation, DCF Modeling, Excel 365, Data Analysis, Project Finance, Investment Analysis, Finance, Financial Statements, Market Research, Eastern Europe, Data, Information Memoranda, Structured Finance
Education
2023 - 2024
Master of Business Administration (MBA) in Banking & Finance
University of Rochester - Rochester, NY
2017 - 2021
Bachelor's Degree in Business Administration and Finance
Free University of Tbilisi - Tbilisi, Georgia
Certifications
SEPTEMBER 2023 - PRESENT
SFIC Financial Modeling Training – Wall Street Guide
Financial Edge
JULY 2023 - PRESENT
Financial & Valuation Modeling
Wall Street Prep
Collaboration That Works
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