D.A. Davidson announced today that its Investment Banking group has earned a top ranking for the Financial Institutions Group in 2019 for its merger and acquisitions advisory practice. D.A. Davidson ranked as the 3rd most active investment bank in the U.S. with completion of 17 M&A transactions and approximately $1.6 billion in deal value.1
“These rankings confirm what our bank clients already know: D.A. Davidson is the go-to firm for serving as a trusted advisor to financial institutions,” said Rory McKinney, head of investment banking at D.A. Davidson. “Our FIG franchise is comprised of sector-leading specialists whose deep relationships, expertise, innovative thinking and senior-level attention make the difference in the success of every transaction.”
The firm added significant talent to the Financial Institutions Group in 2019 to strengthen its nationwide reach and complement the existing team. Leading the new hires were managing directors Bill Herrell and Chuck Stubbs, who joined D.A. Davidson in Atlanta to expand the firm’s presence across the Southeast region.
Other highlights for the Financial Institutions Group:
- Since 2011, D.A. Davidson has announced 133 M&A transactions and 62 capital raises for banks in the United States.
- D.A. Davidson’s capital markets group expanded its platform to support financial institutions, hiring specialists devoted to bank equity research coverage and sales and trading.
- D.A. Davidson’s largest investor conference will be held May 6 to 8, with more than 400 attendees including institutional investors, public, and private companies. The 22nd Annual D.A. Davidson Financial Institutions Conference will be at The Broadmoor hotel in Colorado Springs, Colo.
D.A. Davidson’s investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across five industry verticals: consumer, diversified industrials, financial institutions, real estate and technology.
Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
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 approximately 1,400 employees and offices in 26 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.
For more information, visit dadavidson.com.
[1] Source: Transaction league tables, S&P Global Market Intelligence, as of Jan. 1, 2020