Momenta Partners hires Ben Tao, former PTC corporate development executive to expand Digital Industry M&A advisory and venture capital

Momenta Partners, the leading global Advisory, Executive Search and Venture investments firm focused on Digital Industry, is pleased to announce the appointment of Ben Tao as Strategy Partner.

Ben will work with Momenta Partner's industrial, technology and private equity clients on growth strategy and Mergers and Acquisitions (M&A) initiatives, as well as working with Momenta Ventures to expand their funds.

For the past decade, Ben was Corporate Development Vice President at PTC where he drove the industry-leading acquisition strategies as well as digital transformation efforts including areas such as Industrial Internet of Things (IIoT), Artificial Intelligence (AI), and Augmented Reality (AR). Prior to PTC, Tao was already an accomplished engineer, strategist and M&A advisor including pioneering work on Oracle's Data Warehousing engine.

According to Ben, "I have always been impressed with Momenta, an extraordinarily accomplished team of former CEOs, CTOs, and CMOs from some of the most innovative Digital Industry leaders.

We are ecstatic to have Ben Tao on our team and value his unique mix of technologist, strategist and deal maker creates for our customers

I joined Momenta because this is an organization that has both the scale to impact the full Digital Industry value chain and the agility to effect rapid changes. I look forward to working with my Momenta colleagues to deliver breakout performance for Momenta's advisory clients, portfolio companies, and venture fund investors."

"We are ecstatic to have Ben Tao on our team and value his unique mix of technologist, strategist and deal maker creates for our customers. His track record of success is unparalleled, partnering with industrial CxO's, business unit leaders and investors in formulating technology-driven strategies, driving transformative M&A, and optimizing business value post-transaction.", said Doug Harp, Managing Partner, Momenta Partners Advisory practice.

Ken Forster, Executive Director, Momenta Partners and Momenta Ventures, adds "We are pleased to have Ben Tao working with our Venture Capital team as well. He has been the quiet, guiding hand behind some of the most meaningful exits in the IIoT space including ThingWorx. I've had the pleasure of working across the table from him while he was at PTC and have looked forward to this day - collectively advancing Digital Industry."