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Cascadia Capital Opens Office in New York; Growing West Coast Investment Bank Expands Footprint, Appoints Veteran Healthcare Banker as Managing Director.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 26, 2004

Cascadia Capital, a national investment bank focused on serving emerging growth and middle market companies, announced today that it has opened an office in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and appointed Paul Teitelbaum as Managing Director of the new office and the firm's Healthcare Industry Practice Group. Cascadia Capital's presence 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
 gives the firm the opportunity to be closer to the East Coast capital markets, allows the firm to better serve companies located in that region, and provides an optimal location from which to expand its healthcare platform.

Like its West Coast headquarters, Cascadia Capital's New York office located in Rockefeller Center Rockefeller Center, complex of buildings in central Manhattan, New York City, between 48th and 51st streets and Fifth Ave. and the Ave. of the Americas (Sixth Ave.). The project was sponsored by John D. Rockefeller, Jr.  will offer corporate finance, mergers & acquisitions, strategic advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, and capital market services, with an emphasis on serving emerging growth and middle-market companies. In addition to leading the firm's healthcare practice, the New York office will continue Cascadia Capital's focus on Information Technology, Communications, Security & Defense, and Industrial & Consumer markets.

Teitelbaum brings a unique blend of senior healthcare investment banking expertise from major-bracket and boutique Wall Street firms as well as hands on company operating experience. Teitelbaum has over seven years of healthcare M&A and corporate finance experience with Robertson Stephens & Co. and Salomon Brothers
This article deals with Salomon Brothers. For other uses of the name Salomon, see Salomon.


Salomon Brothers was a Wall Street investment bank.
 Inc. as well as Nexus Health Capital, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, where he recently played an instrumental role in the firm's rapid development into a significant player in emerging growth healthcare investment banking. Prior to investment banking, Teitelbaum served in license/acquisition, sales, marketing and disease management roles at Lederle Laboratories (now Wyeth, Inc.) and Schering-Plough Corp. Teitelbaum has also conducted genetic research at the Weizmann Institute of Science The Weizmann Institute of Science (מכון ויצמן למדע) is a world-renowned institute of higher learning and research in Rehovot, Israel.  in Israel.

"The opening of our New York office represents the next milestone in our evolution as a national investment bank," said Michael Butler
See also Michael Butler (computer scientist).


Michael Butler is a musician and podcaster from San Francisco, California, United States.
, Chairman and 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.  of Cascadia Capital. "We've built a strong foundation and established a solid track record over the past few years. Expansion to New York is an important next step for us."

Cascadia Capital was founded with the goal of addressing the absence of investment banking services for emerging growth and middle market companies. Despite tough economic conditions, the firm has expanded aggressively, adding new practice areas and growing its client base to serve companies across the country. Since November 2002, Cascadia Capital has closed 23 transactions totaling more than $500 million.

"The caliber of the talent we've assembled for the New York office is top flight, and we will continue building out our New York presence in the coming months," said Kevin Cable, Executive Vice President of Cascadia Capital.

"Cascadia Capital has demonstrated remarkable momentum in the market, addressing the shortage of high quality corporate financing services for emerging growth and middle market companies. I'm looking forward to supporting the firm's continued success," said Paul Teitelbaum, Managing Director for Cascadia Capital.

About Cascadia Capital

Cascadia Capital (www.cascadiacapital.com) offers corporate finance, mergers & acquisitions, strategic advisory services, and capital market services to companies across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Cascadia Capital serves emerging growth and middle market companies, both public and private. The firm focuses on the following sectors: Information Technology, Communications, Security & Defense, Healthcare, and Industrial & Consumer.
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Publication:Business Wire
Date:Apr 26, 2004
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