In a dealmaking world where big Wall Street investment banks rule, Denis Bovin and Michael Urfirer show that small can be beautiful. The former Bear Stearns bankers, who helped create the world's top defense contractor Lockheed Martin Corp (LMT.N) through two mega-mergers in the mid-1990s, are now driving dealmaking in the so-called "cybersecurity" arena where defense meets commercial technology. Since setting up the boutique advisory shop Stone Key Partners a little more than two years ago, the duo has advised on some of the most hotly contested auctions in defense technology, including the sale of Argon ST to Boeing Co (BA.N) and the two-part sale of biometric identification maker L-1 Identity Solutions (ID.N) to Safran (SAF.PA) and BAE Systems (BAES.L).
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