News

Construction Partners, Inc. (NASDAQ: ROAD) has completed its initial public offering of common stock for $135 million, with D.A. Davidson & Co. serving as co-manager.Construction Partners priced its offering at $12 per share, raising $135 million through the sale of 11,250,000 shares.The transaction represents the 56th successful closing for D.A. Davidson’s Diversified Industrials investment banking group since 2013.Details can be found here.

nLIGHT, Inc. (NASDAQ: LASR) has completed its initial public offering of common stock for $110.4 million, with D.A. Davidson & Co. serving as co-manager.nLIGHT priced its offering at $16.00 per share and raised $110.4 million through the sale of 6.9 million shares of public stock. The full over-allotment was exercised.The Portland, Oregon-based company generated revenues of $138.6 million and $101.3 million in 2017 and 2016, respectively, representing 36.8% revenue growth, and reached net in...

Company’s Expansion and Focus on Financial Institutions ContinuesD.A. Davidson & Co. announced today the opening of a new wealth management office with the addition of two members of the company’s growing Community Bank & Wealth Management Group. Joining the firm in its new Dublin, Ohio, office are Nick Bicking, Senior Vice President, Financial Advisor, and Tom Dooley, Senior Vice President, Financial Advisor.The office opening marks a strategically important addition to the ...

As Americans continue adding years to the time they spend in retirement, it’s important to prepare financially. Andrew Crowell, Vice Chairman of Wealth Management for D.A. Davidson, discusses ways to be ready for those added years in “5 tips to live in retirement like this famous 98-year-old,” a MarketWatch article by Alessandra Malito.Read the full article here.

Ian Davidson, Chairman Emeritus and former CEO of D.A. Davidson Companies, has been honored with a donation by D.A. Davidson employees that matches a portion of one of his own donations. The gift to the University of Montana was highlighted in “D.A. Davidson employees donate $150K to honor longtime executive,” an article by David Erickson in the Missoulian newspaper.Read the full article here.

Northwest Bancorporation, Inc. (OTC Pink: NBCT) has agreed to be acquired by Billings, Montana-based First Interstate BancSystem, Inc. (NASDAQ: FIBK), in a transaction valued at approximately $160.9 million.

D.A. Davidson & Co. announced today that it has served as exclusive financial advisor to Convergence Training in its sale to Vector Solutions.

Expansion in Colorado Continues with Addition of Experienced Financial AdvisorsD.A. Davidson & Co. announced today the opening of a new wealth management office in Colorado Springs, welcoming a team that has served the local community for more than 35 years.The McCarty, Brown & Eden Financial Advisor Group, comprised of five experienced financial advisors and their support staff members, has been entrusted with approximately $380 million in client assets. We are pleased to strengthe...

Springfield, Missouri-based Springfield Bancshares, Inc. and its wholly owned subsidiary, SFC Bank, have announced the signing of a definitive agreement to merge with QCR Holding, Inc. (NASDAQ: QCRH).

Amazon continues to strengthen its own shipping processes, making it less reliant on the U.S. Postal Service, D.A. Davidson Institutional Analyst Tom Forte said. Forte outlines his beliefs in “Amazon is ‘more prepared than ever’ to deliver packages without the post office,” an article written by Graham Rapier for Business Insider.Read the full article here.