Andrew Bangser is Managing Director of Carter Morse & Mathias. Founded in 1987, CMM is a boutique investment bank specializing in advising privately held middle market companies. CMM provides a full range of investment banking services: business sales and divestitures, equity and debt capital raises, acquisition services, and pre-transaction and strategic advisory service
Prior to joining CMM, Mr. Bangser provided financial, operating and technology leadership to early stage and growing companies following a 15-year career with GE. He is a veteran of private equity capital raises on both sides of the table.
In his most recent role as head of finance, technology and business strategy for Really Good Stuff Inc., an educational products company, Mr. Bangser helped guide the educational products company’s expansion into two new markets — Childcare Centers and School Districts — culminating with the successful sale of the business in January 2016 to a strategic buyer backed by a private equity group.
As a founder, CFO, COO, and (from 2010) President of Foundation Source, Mr. Bangser grew the company from start-up in 2001 into the nation's leading provider of administration serving more than 1000 foundations. He raised more than $30 million from institutional investors. Mr. Bangser brought technological innovation into the philanthropic sector, designing a new online service to connect foundation donors with the nonprofit community.
Mr. Bangser was CFO of Home Financial Network, a pioneer in the then-emerging field of internet banking and online financial services. He raised several rounds of capital totaling more than $27 million (until its successful sale to Sybase in 2000). Post-sale, Mr. Bangser continued with Sybase as SVP and CFO of its Financial Fusion division, a leading provider of eFinance solutions for Global 1000 financial institutions.
During his 15 years with GE, Mr. Bangser served as Senior Vice President of GE Venture Capital in Boston and the leveraged buyout group in NY.
Mr. Bangser is a graduate of Brown University and the Wharton School of the University of Pennsylvania.