Avondale Partners Establishes New Investment Banking and Institutional Sales Office in San Diego, California.Business Editors NASHVILLE, Tenn.--(BUSINESS WIRE)--May 19, 2004 Avondale Partners has expanded its operations with the opening of a new investment banking and institutional equity sales office in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . Investment banking services in the San Diego office will be managed by Henk Hanselaar, Peter Boyes Boyes is a chain of department stores in the UK. William Boyes founded the firm in 1881 and his sons, grandsons and great-grandchildren have carried on the business. It is still family owned today and has grown from one small shop in Scarborough, North Yorkshire to a chain of 33 and Jonathon Vance, and institutional equity sales will be handled by Kevin Denny. The San Diego office is Avondale's fourth location, adding to the company's other offices in Nashville, Boston, and Philadelphia. Hanselaar joins Avondale as a managing director and Boyes as a director. Both previously were principals with Trumpet trumpet, brass wind musical instrument of part cylindrical, part conical bore, in the shape of a flattened loop and having three piston valves to regulate the pitch. Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a San Diego-based investment bank which served Southern California-based middle market public and private companies in the technology and healthcare sectors. Vance joins Avondale as an associate in the Investment Banking Group. Previously, Vance was with Virtual Capital of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , LLC, where he was that firm's CFO See Chief Financial Officer. and a managing member. Denny joins Avondale's Institutional Equity Sales Group as a director and will focus on equity sales to west coast institutional accounts. Denny was most recently with Hermes Advisors, an institutional asset management firm in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . Commenting on the opening of the San Diego office, Pat Shepherd, Avondale CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. said, "Despite a steady flow of business from California we did not have a West Coast presence. Additionally, we have been looking to expand our footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor. 1. in the healthcare and technology sectors. The addition of the team in San Diego will give us greater access to both. San Diego and Southern California continue to be strong markets for investment banking services and we are excited about the opportunity to make San Diego an integral part of our growing investment banking franchise." To date, Avondale Partners has executed more than $1.7 billion in investment banking transactions for its clients since its inception in the summer of 2001, including: - $1.2 billion of mergers and acquisition advisory engagements including buy-side and sell-side execution, fairness opinions and valuations; - $300 million of public equity offerings including sole managed, lead managed and co-managed transactions; and - $200 million of private placements of equity and debt. "With the continued improvement of the economy and corporate earnings, many of our clients are once again looking towards the public capital markets with optimism," said Boyes. "It was important for us to offer a broader array of services that our San Diego clients and relationships could grow into. Avondale Partners, as a full service investment bank focusing on the middle market, was the perfect platform." Avondale Partners, LLC is a leading institutional investment bank headquartered in Nashville, with offices in San Diego, Boston and Philadelphia.. The firm focuses on providing high quality equity research, sales and trading to institutional clients and investment banking services to middle market public and private companies throughout the U.S., Canada and Europe. More information about Avondale can be found at www.avondalepartnersllc.com . |
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