
Andrew Semenak
Founding Partner, Managing Director & Principal, Mergers & Acquisitions
Get their honest, personalized take on your startup.
Sign in to pitch Andrew →At a glance
- Full Name
- Andrew Semenak
- Title
- Founding Partner & Managing Director (Mergers & Acquisitions)
- Firm
- Pinpoint Capital Advisors
- Firm Type
- Boutique corporate-finance / M&A advisory firm (digital-infrastructure investment bank) — *not a traditional angel/seed fund; see Background*
- Investment Stage
- Advises on growth-equity, debt financing, M&A, and divestitures for small- and mid-market companies (not early-stage/seed investing per the firm's own materials)
- Check Size / Deal Size
- Transaction "sweet spot" of roughly $20 million to several hundred million dollars
- Target Company Profile
- Small and middle-market owners/developers of communications infrastructure — wireless towers, land-under-towers, fiber networks, and data centers
- Sector Focus
- Digital / communications infrastructure — wireless towers, fiber, and data centers
- Geographic Focus
- North America (U.S. and Canada), with select international mandates
- Location
- Toronto, Ontario, Canada (56 Temperance Street, 7th Floor)
Background
Andrew Semenak is the founding partner and Managing Director of Pinpoint Capital Advisors, a Toronto-based boutique investment bank he launched in 2010 to serve small and mid-sized companies in the wireless tower, fiber, and data-center sectors. His stated vision was to give these companies "advice and access to capital to compete, on an equal footing, with even the largest and most sophisticated players in the sector." He brings more than 20 years of corporate-finance and investment-banking experience and has advised on numerous domestic and international capital raisings and M&A transactions.
Before founding Pinpoint, Semenak was a senior investment banker at two large global firms, Macquarie and Rothschild, where he worked in corporate finance and telecom/infrastructure advisory. He holds an MBA from the Ivey Business School at Western University (London, Ontario) and a Bachelor of Commerce (BComm) from Concordia University in Montréal. He is a Registered Representative of BA Securities, LLC (Member FINRA/SIPC), through which Pinpoint executes U.S. securities transactions.
A note on categorization: the stub data tagged Semenak as an "Angel Investor" investing at the "Seed Round." Based on primary sources, this appears to be a mis-classification. Pinpoint is a sell-side/buy-side M&A and capital-raising advisor to digital-infrastructure companies, with a deal sweet spot in the tens-to-hundreds of millions of dollars — not a seed-stage angel check-writer. Founders should approach him as a transaction advisor / banker who connects companies to institutional capital, rather than as a personal angel investor.
Investment Thesis & Focus
- Sector specialist, exclusively in communications/digital infrastructure: wireless towers and land-under-towers, fiber networks, and data centers. Pinpoint markets itself as a leader in advising small and middle-market companies on equity and debt capital raising, mergers, acquisitions, and divestitures.
- Deal size / "sweet spot": In his own words, transactions "ranging from $20 million to several hundred million dollars."
- Connects operators to institutional capital: pension plans, infrastructure funds, and private-equity firms — leveraging deep sector relationships that span from developers building 10–15 towers a year to the largest players.
- Analytics-driven value creation: the firm uses proprietary tower/infrastructure analytics to identify value before taking a deal to market, aiming to run competitive processes that maximize price for owners.
- Timing-aware: Semenak has publicly framed market windows (e.g., 2020's "tower multiples approaching near all-time highs" amid 5G-driven demand) as central to when owners should transact.
Notable Investments
- TowerCom — Raised capital (2020) for a 25-year-old Florida tower developer with ~600 built towers; a competitive process closed with equity from M/C Partners and Fengate Asset Management to fund continued U.S. tower development.
- CTI (Consolidated Telephone / CTI Fiber) — Advised the central-Illinois fiber internet provider on its sale to Joink LLC, a DIF Capital Partners portfolio company.
- Canadian Fiber Optics — Advised on an $85 million private-credit financing.
- Signum Wireless — Advised the North American wireless tower/infrastructure developer-owner on a $15 million senior debt financing.
- Blue Ridge Towers — Advised on the sale of wireless tower assets to TowerCo and American Tower.
- Other disclosed clients/relationships: Landmark Dividend, InSite Wireless, Richland Towers, Turris Sites, and AIMCo (Alberta Investment Management Corporation).
Unlock the full research
Get how to approach them, recent activity, sources, contact links — plus pitch their AI twin for a candid read on your raise.
One-time. Stays unlocked for you.