Drake Star welcomes BMW's former CFO Stefan Krause

14 May 2021 Consultancy.eu 1 min. read
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Drake Star Partners has added a heavyweight to its network in Germany, welcoming former Deutsche Bank and BMW executive Stefan Krause.

Appointed a Senior Advisor, Stefan Krause will help Drake Star Partners’ investment bankers and merger & acquisition specialists as an advisor to all stages of the dealmaking cycle – from deal strategy and ideation through to due diligence, negotiations and closing.

Krause will chiefly support the Mobility practice of Drake Star Partners, which works with both established players as well as scale-ups and investors in the automotive and wider mobility landscape.

Stefan Krause, Senior Advisor, Drake Star Partners

“It is an honour to have Stefan with us. His ample experience in the automotive industry is incomparable and his entrepreneurial spirit and his success record are admirable. Stefan is a great addition to our team of experts, we are looking forward to working with him,” said Marc Deschamps, Executive Chairman of Drake Star Partners.

Krause will hold the role alongside his position of CFO of Levere Holdings Acquisition Corporation, a SPAC focused on mobility in Europe. 

He brings extensive leadership and industry experience to the role. Previously, he was the co-founder of electrical vehicle Canoo (initially known as Evelozcity) and chef operational officer of Farraday Future, a US-Chinese manufacturer of electric vehicles that is planning to go pubic year. Before that, he was a chief financial officer at two global corporates,  serving on both the Management Boards of Deutsche Bank and BMW.

“I feel very honoured to join Drake Star Partners and am very much looking forward to working with the firm’s outstanding team of professionals,” said Krause.