CLB Partners Announces Appointment of Alex J. Abreu to Managing Director.Business Editors DIX HILLS, N.Y.--(BUSINESS WIRE)--June 15, 2004 CLB CLB Club CLB Columbus Blue Jackets (NHL hockey) CLB Combat Logistics Battalion (US Marine Corps) CLB Configurable Logic Block (microchip technology) Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm, today announced the appointment of Alex J. Abreu, 43, to Managing Director. Abreu will be based in Coral Gables Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , FL, leading the firm's efforts in investing in growing, middle market companies. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. CLB co-founder and managing director, Peter J. Hughes, Abreu brings 17 years of banking and extensive experience in advising middle market companies relative to the debt and equity markets, as well as mergers and acquisitions. "We are very excited to have Alex join our team and bring his wealth of experience and relationships in the middle market," said Hughes. The focus of the fund is to invest in companies with $2 to $10 million in historical and sustainable cash flow. CLB has partnered with several successful, serial entrepreneurs, to provide strategic, tactical, and financial resources. The fund will co-invest with business owners and support management teams in an effort to grow and expand their company both internally and externally over the long term. "Abreu brings a consultative approach to partnering with successful entrepreneurs in an effort to buy and build businesses, thereby adding value," said Hughes. "His significant experience with Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. managing financial transactions for middle market clients and expertise evaluating strategic alternatives compliments our firm's commitment to bringing Wall Street to Main Street." Before joining CLB, Abreu most recently served as a Senior Vice President and Senior Client Manager in the Middle Market Banking-Financial Strategies Group of Bank of America, working with both private and public middle market companies. He led an experienced team of bankers in delivering tailored financial solutions to growing companies. Prior to his role as a Senior Client Manager, Abreu was a Managing Director and general corporate banker with Banc of America Securities, responsible for delivering capital market resources to middle market companies in South Florida. He received his B.S. degree in Finance from the University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. , served on several University of Florida Foundation committees and as President of the MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration Advisory Board, and been an active supporter of the Florida Venture Forum. About CLB Partners, LLC CLB Partners, LLC specializes in providing financial advisory and investment banking services to the middle market, an area traditionally under served by Wall Street investment banks. Specifically, CLB has partnered with several leading commercial banks and global financial institutions to bring its experience and expertise in mergers and acquisitions, capital structure analysis, enterprise valuation and strategic advisory to benefit middle market companies. Founded in 1991, the firm is headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and maintains offices in Boston, Charlottesville, Ft. Lauderdale, and St. Petersburg. For more information please call 631/462-1473 or visit the CLB Partners web site at www.clb-partners.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion