News

LegacyTexas Financial Group Inc. appears to be at a growth crossroads, but the company is likely to find strong potential suitors.

D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, today announced the official name change of the former SMITH HAYES Companies to D.A. Davidson. The change represents an important milestone in the integration of the two companies under the D.A. Davidson brand.“We are pleased to officially welcome all SMITH HAYES associates into the D.A. Davidson fold as we continue merging these two great companies,” said Jim Kerr, President and Chief E...

Andrew Crowell, Vice Chairman of D.A. Davidson & Co.'s Individual Investor Group, believes financial advisors can use their summer beach reading as a time to improve their service and work for clients.Asked by Financial Planning magazine to disclose his choice of summer reading for advisors, Crowell offered a book that he calls "transformational" in its useful suggestions for advisors.Read the full article here.

French company Danone has announced plans to acquire Denver-based WhiteWve Foods, a leading organic food maker - a move to capitalize on the fast-growing organic market in the United States.The purchase allows Danone, which is the world's largest yogurt maker, to enter the organic segment with a company that is known for its healthy products and that has found niches in various parts of the grocery store, said Eric Gottlieb, analyst with D.A. Davidson & Co.Gottlieb spoke recently in an i...

Brien Rowe, Managing Director with D.A. Davidson & Co.'s Investment Banking group, believes Coach is a perfect company to collaborate with Disney, and that their joint ventures is likely to meet with success."Grandmas and kids alike like Mickey Mouse," said Rowe, speaking with MarketWatch. Rowe, who is part of D.A. Davidson's investment banking team focused on active lifestyle and consumer retail companies, said the collaboration helps to set Coach apart at a time when the ...

D.A. Davidson & Co. has served as co-lead manager for the upsized initial public offering of Global Medical REIT Inc. The stock began trading June 29 on the New York Stock Exchange under the symbol "GMRE."Full details about the offering and pricing can be found here.

D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, has served as the sole placement agent on a $27.5 million private placement of common stock for Minnesota-based Bridgewater Bancshares.The placement marks the second institutional equity offering for Bridgewater Bancshares, following the firm's completion of a $15 million investment in 2015 with Castle Creek Capital LLC.Full details can be found here.

D.A. Davidson & Co. has served as exclusive financial advisor to KIRA, Inc., a federal government contracting company, in its sale to the Tlingit Haida Tribal Business Corporation (THTBC). Included in the acquisition are two additional smaller companies, intellectual property, trademarks, and other assets.KIRA is an accomplished and profitable facilities maintenance and base operations support services contractor with over 28 years of quality service at extremely competitive prices and stron...

The Investment Team of Davidson Investment Advisors has developed a summary of the team’s perspective regarding the Brexit vote, its potential economic and political ramifications, and what the decision might mean for long-term investors.Read the full piece here.

Acquisition to accelerate international expansion and enhance customer value through comprehensive software, service and hardware solutionsD.A. Davidson & Co. served as exclusive financial advisor to Capstone Technology Corporation, a leading provider of software solutions for process control optimization and decision support analytics, related to its acquisition by Spectris plc, a leading supplier of productivity-enhancing instrumentation and controls. As a part of Spectris, Capstone w...