Capstone Partners Aggressively Expands Debt Advisory Group

Rhea-AI Summary

Capstone Partners announces the addition of Brent Krambeck and Brad Stewart as Senior Managing Directors to its Debt Advisory Group, enhancing its leadership and market position. Krambeck, with over 25 years of experience, specializes in middle market debt transactions, having previously worked at Monroe Credit Advisors, GE Capital, and Merrill Lynch. Stewart, with over 20 years in debt financing, was a Partner at Capital Solutions Group and has a successful track record in placing debt. The firm aims to address the growing demand for sophisticated debt advisory services in a challenging credit market as M&A activity is expected to rise in 2023.

Positive

• Expansion of the Debt Advisory Group with experienced hires aligns with market demand.
• Strengthened leadership with Brent Krambeck and Brad Stewart enhances Capstone's position in the middle market.

Negative

• Challenging credit market conditions may hinder access to capital for borrowers.
• Increased interest rates and cautious lending practices could impact clients' financing options.

Addition of Two Senior Managing Directors and a Bolstered Execution Team Broadens Debt Capital Advisory Capabilities

BOSTON, Feb. 6, 2023 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, is pleased to announce the addition of Brent Krambeck and Brad Stewart as Managing Directors to its Debt Advisory Group. These hires significantly expand the Group's leadership team and solidify its position as one of the largest debt capital advisory teams in the middle market.

Capstone Partners Aggressively Expands Debt Advisory Group

Brent Krambeck is based in Chicago and brings over 25 years of experience advising, structuring, and executing middle market debt transactions for private equity sponsors, small cap public, and private companies. He was a Managing Partner at Monroe Credit Advisors, a boutique debt advisory firm, and has specialized in debt financing throughout his career with underwriting roles at GE Capital, Merrill Lynch Capital, and US Bancorp. Brent holds a B.A. from Miami University and an MBA from the University of Iowa College of Business.

Brad Stewart is based in Boston and brings over 20 years of debt financing experience to the team. He was previously a Partner at debt advisory firm Capital Solutions Group and, prior to that, was in the debt capital markets group at Audax Private Equity. Brad brings a track record of success in middle market financings having placed debt both as an advisor and as a private equity sponsor. He has also worked in the leveraged finance groups at leading commercial banks. Brad holds a B.S. in Business Administration from the University of Vermont and an MBA from Cornell University.

"We are thrilled to have Brent and Brad join our team. Their experience and expertise will be invaluable as we continue to grow our debt advisory practice and serve our clients," said Kent Brown, Head of the Debt Advisory Group at Capstone Partners.

"With a contracted credit market, inquiries for debt placement services have increased dramatically. We are investing in the expansion of our Debt Capital Advisory team to meet that need for our private equity clients. Brent and Brad's experience in debt financing and capital markets will greatly assist our clients in navigating the increasingly complicated market landscape," said Brendan Burke, Head of Sponsor Coverage at Capstone Partners.

The firm is investing in expanding its Debt Advisory Group to meet the specific challenges clients are likely to face while navigating volatile market conditions and a strong need for increasingly sophisticated debt financing services in the near-term future. Despite the anticipated pick up in M&A activity forecasted for 2023, comparable to pre-pandemic levels, access to credit will likely prove challenging for certain borrowers. With the market landscape growing more precarious, interest rates climbing, and lenders becoming increasingly cautious, the additional sophistication and experience brought by Krambeck and Stewart will be invaluable to the team, its client base, and the firm at large.

Capstone's Debt Advisory Group offers diversified, robust capital solutions in the debt capital markets, assisting clients secure debt capital or leveraged finance for acquisitions, scaling organic growth, and refinancings. For more information on the team's services, please contact the firm's Head of Debt Advisory, Kent Brown.

ABOUT CAPSTONE PARTNERS

For over 20 years, the firm has been a trusted advisor to leading middle market companies, offering a fully integrated range of investment banking and financial advisory services uniquely tailored to help owners, investors, and creditors through each stage of the company's lifecycle. Capstone's services include M&A advisory, debt and equity placement, corporate restructuring, special situations, valuation and fairness opinions, and financial advisory services. Headquartered in Boston, the firm has 175+ professionals across the U.S. With 12 dedicated industry groups, Capstone delivers sector-specific expertise through large, cross-functional teams. Capstone is a subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN). For more information, visit www.capstonepartners.com.

For More Information Contact:
Kent Brown
Head of Debt Advisory Group
303-951-7127
kbrown@capstonepartners.com

View original content:https://www.prnewswire.com/news-releases/capstone-partners-aggressively-expands-debt-advisory-group-301739659.html

SOURCE Capstone Partners

FAQ

Who are the new Managing Directors at Capstone Partners?

Brent Krambeck and Brad Stewart have joined as Managing Directors in the Debt Advisory Group.

What is the significance of expanding the Debt Advisory Group at Capstone Partners?

The expansion aims to meet increased demand for sophisticated debt placement services amid challenging credit market conditions.

What experience do Brent Krambeck and Brad Stewart bring to Capstone Partners?

Krambeck has over 25 years in middle market debt transactions, while Stewart brings over 20 years of debt financing experience.

What market challenges does Capstone Partners anticipate in 2023?

Capstone anticipates challenges in accessing credit due to rising interest rates and cautious lending practices.

What is the relationship between Capstone Partners and Huntington Bancshares?

Capstone Partners is a subsidiary of Huntington Bancshares, traded under the ticker HBAN.