STOCK TITAN

Capstone Partners Continues to Acquire Senior Talent; Strengthens Transportation, Logistics & Supply Chain Group

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Rhea-AI Summary

Capstone Partners, a middle market investment banking firm based in Boston, has recently expanded its team by hiring several senior-level professionals, particularly to bolster its Transportation & Logistics group. This expansion follows a significant merger with Huntington National Bank in 2022, aimed at enhancing Capstone's expertise in key markets. Notable new hires include Gordon Mackay and Jonathan Adams, both managing directors with extensive backgrounds in investment banking and logistics. Capstone aims to maintain growth momentum despite challenging market conditions, focusing on aggressively pursuing opportunities in the Transportation & Logistics sector.

Positive
  • Expansion of the Transportation & Logistics group highlights strategic growth initiative.
  • New hires bring extensive industry expertise and strong networks, enhancing Capstone's service capabilities.
  • Firm's commitment to growth despite market conditions indicates strong future potential.
Negative
  • None.

Capstone's Latest Hires Set the Stage for Planned Growth Strategy

BOSTON, Feb. 23, 2023 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, is pleased to announce the addition of several senior-level professionals to the firm. This comes on the heels of doubling the firm's Debt Advisory and Specialty Situations investment banking groups. Capstone's recent hires are a significant step in the firm's ongoing growth strategy, as it seeks to expand its services and expertise in key markets following its merger with Huntington National Bank in 2022. The most recent additions include:

The investment bank announces the addition of several senior-level professionals, expanding expertise in key markets.

Gordon Mackay, Managing Director in Capstone's Transportation & Logistics Group, brings more than 15 years of investment banking expertise focused on capital raising and strategic M&A advisory in the logistics and supply chain services and technologies space. Based in New York, NY, Mackay previously led the M&A advisory practice at BG Strategic Advisors, a boutique investment bank focused on supply chain logistics. He began his investment banking career at JPMorgan, later holding positions at UBS and Citigroup.

Jonathan Adams, also a new Managing Director in Capstone's Transportation & Logistics Group, has over 25 years of experience in both investment banking and executive operational roles. Jonathan has served as Head of Transportation & Logistics at Houlihan Lokey and Deloitte Corporate Finance, and as CEO of iShared Transportation and SeaCo Ltd. He has a strong track record of leading successful transactions and fulfilling turnaround management roles, combined with an extensive network of senior-level relationships in the industry.

Timm Kuechle joins as a Senior Director in the Industrials Group, adding to Capstone's expertise in the industrial services space. For more than 15 years, Timm has been advising companies on M&A, recapitalizations, divestitures, and other corporate finance mandates. Based in Chicago, IL, Timm was previously a Director at KPMG Corporate Finance.

Justin Gans, Senior Director in Capstone's Private Capital Markets Group, brings 15 years of experience executing M&A and capital markets transactions in the Aerospace & Defense industry. Prior to Capstone, Justin founded the Aerospace & Defense practice at a middle market boutique investment bank. He also served 10 years as a U.S. Navy SEAL officer with multi-deployments across three continents. 

John Ferrara, Founder and President of Capstone, said, "Despite current market conditions, as a firm, Capstone is committed to maintaining the firm's growth momentum. That includes ongoing investments in top talent and resources in core market segments. We feel that we have historically not taken full advantage of the opportunities in Transportation & Logistics sector. With the addition of Gordon Mackay and Jonathan Adams, we are in it for the long haul, pun fully intended."

Gordon Mackay commented, "I am thrilled to be joining the Capstone team to help continue reinforce our collective commitment to the Transportation & Logistics industry. Our growth plans will be aggressive." Jonathan Adams added, "Gordon and I are excited to deliver a 1-2 punch in the market, focusing on privately held and sponsor backed businesses. Between the two of us, we can cover most everything in the industry with unique depth in both emerging technology and operational complexity."

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:
Rebecca Levesque
Director of Marketing
617-619-3318
rlevesque@capstonepartners.com

Cision View original content:https://www.prnewswire.com/news-releases/capstone-partners-continues-to-acquire-senior-talent-strengthens-transportation-logistics--supply-chain-group-301753647.html

SOURCE Capstone Partners

FAQ

What is the significance of Capstone Partners' recent hires?

The recent hires signify Capstone's commitment to expanding its capabilities in the Transportation & Logistics sector as part of its growth strategy.

When did Capstone Partners merge with Huntington National Bank?

Capstone Partners merged with Huntington National Bank in 2022, which has catalyzed its growth and service offerings.

How will the new hires impact Capstone Partners' services?

The new hires will enhance Capstone Partners' expertise in key markets, particularly in Transportation & Logistics, allowing for more comprehensive advisory services.

What are the areas of expertise of the new senior professionals at Capstone?

The new professionals have expertise in capital raising, strategic M&A advisory, industrial services, and aerospace & defense, among other areas.

Huntington Bancshares Inc

NASDAQ:HBAN

HBAN Rankings

HBAN Latest News

HBAN Stock Data

25.50B
1.45B
0.93%
84.03%
2.02%
Banks - Regional
National Commercial Banks
Link
United States of America
COLUMBUS