A

Alexander Fries

Associate Partner

Boston, MA, United States10 yrs 2 mos experience

Key Highlights

  • Led multiple high-value acquisitions at Progress Software.
  • Expert in corporate development and M&A strategies.
  • Strong financial background with MBA in Finance.
Stackforce AI infers this person is a SaaS Corporate Development expert with extensive M&A experience.

Contact

Skills

Core Skills

Mergers & Acquisitions (m&a)Corporate Development

Other Skills

NegotiationIntegrationFinancial AnalysisStrategic PlanningStrategyBusiness StrategyMicrosoft ExcelMicrosoft OfficeFinanceValuationInvestmentsCorporate FinanceFinancial ModelingPortfolio ManagementBusiness Planning

About

Alexander serves as the Senior Director of Corporate Development for Progress Software, a NASDAQ-listed leading infrastructure software vendor based in Burlington, MA. At Progress, Alexander is responsible for sourcing, executing, negotiating and integrating mergers and acquisitions, which are essential elements of Progress’ business strategy. Prior to Progress, Alexander was a Manager on the Corporate Development & Strategy team at Ingram Micro, a leading global IT distributor based in Irvine, CA, where he led M&A and strategic initiatives across all business units and numerous geographies. Alexander holds an MBA in Finance and Global Management from UCLA's Anderson School of Management and a BS in Finance and Economics from Babson College.

Experience

10 yrs 2 mos
Total Experience
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Average Tenure
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Current Experience

Progress

3 roles

Senior Director, Corporate Development

Promoted

Dec 2024Present · 1 yr 6 mos · Burlington, Massachusetts, United States

  • June 2025 - Acquisition of Nuclia from multiple VCs
  • October 2024 - $875M acquisition of ShareFile from the Cloud Software Group (Citrix + TIBCO)
  • February 2023 - $355M acquisition of MarkLogic from Vector Capital
  • November 2021 - $258M acquisition of Kemp Technologies from Mill Point Capital
  • October 2020 - $220M acquisition of Chef Software from multiple VCs
Mergers & Acquisitions (M&A)Corporate DevelopmentNegotiationIntegration

Director, Corporate Development

Promoted

Mar 2022Dec 2024 · 2 yrs 9 mos · Burlington, Massachusetts, United States

Senior Manager, Corporate Development

Aug 2020Mar 2022 · 1 yr 7 mos · Burlington, Massachusetts, United States

Ingram micro

3 roles

Manager, Corporate Development & Strategy

Promoted

Aug 2018Aug 2020 · 2 yrs · Irvine, California

Senior Analyst, Corporate Development & Strategy

Promoted

Apr 2018Aug 2018 · 4 mos · Irvine, California

Analyst, Corporate Development & Strategy

Apr 2017Apr 2018 · 1 yr · Irvine, California

Red bull

Analyst, Corporate Strategy and Finance

Jul 2016Apr 2017 · 9 mos · Santa Monica, California

Oppenheimer & co. inc.

Investment Banking, M&A Group

Jun 2015Aug 2015 · 2 mos · New York, New York

  • Developed financial projections, valuation models, company overviews, and summary materials for six M&A and refinancing transactions. Industries covered included energy, T&L, industrials, and healthcare.
  • Maintained comparison log detailing oil rig liquidation value and oil prices for a restructuring deal in the energy sector.
  • Responsible for daily newsletter summarizing the prior day’s merger and acquisition activity.
  • Pitched an industrials M&A transaction to an internal team of associates as a capstone internship project.

Berwind private equity

Private Equity Analyst

May 2014Aug 2014 · 3 mos · Harvard, Massachusetts

  • Worked on two deals in the consumer medical technology industry and one in the candy industry. Created projections for all three financial statements, completed DCF valuations, and conducted research on potential investments.
  • Attended the New York Venture Capital Summit to further understand the firm’s investment process and participated in several due diligence visits to prospective target companies.

Education

UCLA Anderson School of Management

Master of Business Administration - MBA — Finance and Global Management

Babson College

Bachelor's degree — Finance and Economics

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