Firm Builds on Momentum by Deepening Consumer Sector Expertise
D.A. Davidson & Co. is expanding its Investment Banking practice with the addition of nine seasoned investment bankers in the firm’s Costa Mesa office. The team will further strengthen the firm’s existing Consumer team. Joe Schimmelpfennig, Jeff Ng and Eric Rindahl have come on board as Managing Directors and Dan Friedman has joined as a Director. In addition, five other experienced investment bankers are joining the D.A. Davidson Consumer team. Prior to joining D.A. Davidson, the team led the Consumer practice at Wunderlich Securities. The combined Consumer practice at D.A. Davidson will have 30 professionals within investment banking and capital markets.
“We’ve made a considerable effort to expand and enhance our Consumer franchise across the platform,” said Rory McKinney, head of investment banking at D.A. Davidson. “Joe, Jeff, Eric and Dan have extensive M&A and capital markets experience that complements our existing Consumer team. Our expanded Consumer team will provide outstanding advice to our clients and is well positioned to be a competitive force within the middle market space.”
”We have added experienced and talented professionals across our Equity Capital Markets platform in the past 12 months, including two additional senior Consumer research analysts,” said Monte Giese, President of Equity Capital Markets.
The addition of this banking team will create one of D.A. Davidson’s largest industry focused groups that is able to provide a full spectrum of advisory and capital raising alternatives to our clients.
-Monte Giese, President of Equity Capital Markets
The group joins existing senior bankers focused on the Consumer sector, including Jeff Cleveland, Brien Rowe, Daren Shaw, Michael Smith and Geoffrey Loos. Since 2015, members of D.A. Davidson’s Consumer investment banking team have advised on over 40 completed transactions and cover the broad spectrum of Consumer including active lifestyle, apparel, beauty & personal care, consumer products, business services, e-commerce, home, infant juvenile & toys, food, beverage and agriculture.
“We are excited to join D.A. Davidson,“ said Joe Schimmelpfennig. “We believe the firm provides an outstanding platform and culture for us to continue growing and serving our clients. We’re looking forward to working with the rest of the D.A. Davidson Consumer team to build the preeminent consumer investment banking platform in the middle market.”
In addition to its consumer team, the D.A. Davidson Investment Banking group focuses on key industry verticals including Financial Institutions, Technology, Industrials, and Real Estate. The investment banking group is part of a growing Equity Capital Markets group with more than 130 professionals.
D.A. Davidson & Co.’s investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise and has extensive transaction experience serving middle market clients worldwide.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has more than 1,300 employees and offices in 24 states.
Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.
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