Saturday, November 5, 2011

Investment bank co-founder has overseen more than $2B in M&A - bizjournals:

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With 15 years of major-markeft investment banking and relatedfinancial experience, Downinh co-founded with the goal of establishing a top-notch financiapl services firm in the Valley. “We (pulled) together a group of guys with major-market bankiny experience (to) deliver that same level of servicwe that you would get at Goldman Sachse orMerrill Lynch,” he said. “Our brea d and butter is here in ColumbiaWest Capital’s financial team has more than 100 yearsa of combined financial advisory and operating experiences and has been involved in mergers and acquisitionsw totaling more than $2 billionn in transaction value.
This month, the firm is openintg an office inLos Angeles. In today’se economic situation, CWC sees much of its business from midlevelp mergersand acquisitions. More companies are seeking expert financiakl advice ondeals — a trend that often accompaniesw rough economies, Downing said. “We’re findingt our business to be focused on mergersand acquisitions,” he “In the heydeys, folkd were able to put deals together relatively easily. (Businesses) are more inclineds to reach out for financial advisoryt and expertisewhen it’s a little CWC recently closed a deal as the exclusivew financial adviser to LLC in which was sold to for $23.
o million plus two future payments based on Numerous moving parts were involvede in the deal, as NHS had seen rapid growty and wanted the transaction completerd by the end of 2008 for tax “They were just able to really turn the growth spigotsw on, if you will, and triple the size of the compang in a very short time frame,” Downingf said. “That’s (the) perfect client for us: a solidx entrepreneur that knowshis business. All his shareholderd are making money, and the buyer is a sophisticated compan and able to execute the The NHS purchase is similar to many of the typesd of deals that CWC is involved he said.
“That’s a pretty typical transactiohfor us, $20 million to $30 Downing said. “Our sweet spot is $10 million to $100

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