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PNFP Capital Markets, Inc. Adds Six From Fidus Partners in Charlotte, NC

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PNFP Capital Markets, the investment bank subsidiary of Pinnacle Bank, has expanded its team by adding six members from Fidus Partners in Charlotte, NC. The new additions include Ed Imbrogno (Co-founder and Managing Director), John Cheek (Managing Director), Stephen Dockery (Managing Director), Adam Dings (Vice President), and two analysts. This expansion brings PNFP Capital Markets' team to 16 members, with offices now in Nashville, Knoxville, and Charlotte. The firm specializes in middle-market investment banking, focusing on mergers and acquisitions and capital advisory services.

PNFP Capital Markets, la filiale di investment banking di Pinnacle Bank, ha ampliato il suo team aggiungendo sei membri provenienti da Fidus Partners a Charlotte, NC. Le nuove aggiunte includono Ed Imbrogno (Co-fondatore e Direttore Generale), John Cheek (Direttore Generale), Stephen Dockery (Direttore Generale), Adam Dings (Vice Presidente) e due analisti. Questa espansione porta il team di PNFP Capital Markets a 16 membri, con uffici ora a Nashville, Knoxville e Charlotte. L'azienda si specializza in investment banking per il mercato medio, concentrandosi su fusioni e acquisizioni e servizi di consulenza al capitale.

PNFP Capital Markets, la filial de banca de inversión de Pinnacle Bank, ha ampliado su equipo al incorporar seis miembros de Fidus Partners en Charlotte, NC. Los nuevos miembros incluyen a Ed Imbrogno (Co-fundador y Director General), John Cheek (Director General), Stephen Dockery (Director General), Adam Dings (Vicepresidente) y dos analistas. Esta expansión lleva al equipo de PNFP Capital Markets a 16 miembros, con oficinas ahora en Nashville, Knoxville y Charlotte. La firma se especializa en banca de inversión para el mercado medio, centrándose en fusiones y adquisiciones y servicios de asesoría de capital.

PNFP Capital Markets는 Pinnacle Bank의 투자 은행 자회사로, NC주 Charlotte의 Fidus Partners에서 여섯 명의 팀원을 추가하여 팀을 확장했습니다. 새로운 팀원으로는 Ed Imbrogno(공동 설립자 겸 관리 이사), John Cheek(관리 이사), Stephen Dockery(관리 이사), Adam Dings(부사장) 및 두 명의 분석가가 포함됩니다. 이 확장은 PNFP Capital Markets의 팀을 16명으로 늘리며, 이제 Nashville, Knoxville 및 Charlotte에 사무소를 두고 있습니다. 이 회사는 중간 시장 투자 은행업에 전문화되어 있으며, 인수합병 및 자본 자문 서비스에 집중하고 있습니다.

PNFP Capital Markets, la filiale de banque d'investissement de Pinnacle Bank, a élargi son équipe en ajoutant six membres de Fidus Partners à Charlotte, NC. Les nouvelles recrues comprennent Ed Imbrogno (Co-fondateur et Directeur Général), John Cheek (Directeur Général), Stephen Dockery (Directeur Général), Adam Dings (Vice-Président) et deux analystes. Cette expansion porte l'équipe de PNFP Capital Markets à 16 membres, avec des bureaux désormais à Nashville, Knoxville et Charlotte. La société se spécialise dans la banque d'investissement pour le marché intermédiaire, en se concentrant sur les fusions et acquisitions et les services de conseil en capital.

PNFP Capital Markets, die Investmentbank-Tochtergesellschaft der Pinnacle Bank, hat ihr Team durch die Hinzufügung von sechs Mitgliedern von Fidus Partners in Charlotte, NC, erweitert. Zu den neuen Mitgliedern gehören Ed Imbrogno (Mitbegründer und Geschäftsführer), John Cheek (Geschäftsführer), Stephen Dockery (Geschäftsführer), Adam Dings (Vizepräsident) und zwei Analysten. Diese Erweiterung bringt das Team von PNFP Capital Markets auf 16 Mitglieder, mit Büros nun in Nashville, Knoxville und Charlotte. Das Unternehmen ist auf Investment Banking im Mittelstandsbereich spezialisiert und konzentriert sich auf Fusionen und Übernahmen sowie auf Kapitalberatung.

Positive
  • Strategic expansion of investment banking team from 10 to 16 members
  • Geographic expansion with new office in Charlotte, strengthening Southeast presence
  • Addition of experienced senior leadership with 30+ years of investment banking expertise
Negative
  • None.

Insights

The addition of six seasoned investment bankers from Fidus Partners significantly strengthens PNFP Capital Markets' M&A advisory capabilities and market presence in the Southeast. The team brings extensive experience in middle-market transactions, particularly in industrials, consumer services and building products sectors. Key highlights include:

  • Expansion of PNFP Capital Markets team to 16 professionals
  • Strategic office opening in Charlotte, complementing existing Nashville and Knoxville locations
  • Addition of senior talent with 30+ years of experience from prestigious firms like Wachovia Securities and Bowles Hollowell Conner

This strategic hire enhances PNFP's ability to generate fee-based revenue through M&A advisory services and strengthens its competitive position in the middle-market investment banking space. The team's strong track record and deep relationships in the Southeast should drive new business opportunities and revenue growth for Pinnacle's investment banking division.

Investment bank subsidiary of Pinnacle Bank grows team to 16

CHARLOTTE, N.C.--(BUSINESS WIRE)-- One of the country’s top investment banking teams is joining PNFP Capital Markets, Inc., the investment bank subsidiary of Pinnacle Bank. Six members of Fidus Partners are now part of PNFP Capital Markets, Inc. They are based in Charlotte, NC.

Ed Imbrogno, John Cheek, Stephen Dockery, Adam Dings, John Kuhns and Grant Fletcher have joined PNFP Capital Markets, Inc., the investment bank subsidiary of Pinnacle Bank. (Photo: Business Wire)

Ed Imbrogno, John Cheek, Stephen Dockery, Adam Dings, John Kuhns and Grant Fletcher have joined PNFP Capital Markets, Inc., the investment bank subsidiary of Pinnacle Bank. (Photo: Business Wire)

  • Ed Imbrogno, Fidus Co-founder and Managing Director
  • John Cheek, Managing Director
  • Stephen Dockery, Managing Director
  • Adam Dings, Vice President
  • John Kuhns, Analyst
  • Grant Fletcher, Analyst

“This team comes with one of the strongest legacies in investment banking,” said Gary Wunderlich, managing director of Pinnacle Capital Markets, Inc. “Fidus is a nationally known firm with a history that stretches back to Bowles Hollowell Conner & Co., at one time one of the most highly regarded middle market investment banks in the nation. A group of former BHC bankers founded Fidus in 2005 to provide world-class advisory services to founder and family-owned businesses and privately held companies. We’re honored they have chosen to bring that lineage and tradition to Pinnacle as we continue to build high-level investment banking capabilities at our firm.”

PNFP Capital Markets, Inc. is a middle-market investment bank specializing in mergers and acquisitions and capital advisory services. They partner with businesses and financial sponsors for sell-side and buy-side M&A, recapitalizations, capital raises and other strategic alternatives.

The addition of these six from Fidus brings the team to 16 with offices in Nashville and Knoxville, TN, and now Charlotte to serve clients throughout the Southeast and across the country.

“We founded Fidus Partners to bring a culture of exceptional client service and the highest standards of quality to business owners in the middle market,” Imbrogno said. “What we found in Pinnacle is a perfect match – a top notch banking platform with deep client relationships and a shared passion for excellence.”

The Fidus team includes:

Ed Imbrogno

Imbrogno has more than 30 years of investment banking experience focused on merger and acquisition and corporate finance transactions, as well as extensive experience in the industrials sector, including water infrastructure, flow control and engineered industrial products. Imbrogno co-founded Fidus in 2005 and prior to that served as managing director and head of financial sponsor coverage at Wachovia Securities. Previously, he was a managing director in the M&A group at Wachovia Securities and a partner with its predecessor, Bowles Hollowell Conner & Co. Prior to joining BHC, he worked in the investment banking group of Morgan Stanley.

Imbrogno earned his bachelor’s degree, cum laude, from Davidson College and an MBA from the University of Virginia’s Darden School.

John Cheek

Cheek has 20 years of investment banking experience focused on M&A and debt and equity capital raise transactions. He has extensive transaction experience in the consumer, services and building products sectors. Cheek joined Fidus when the firm was founded in 2005 and has also held corporate operating roles across multiple sectors.

Cheek earned his bachelor’s degree in business, magna cum laude, from the Calloway School at Wake Forest University. He currently serves on the Board of Directors for Mental Health America of Central Carolinas.

Stephen Dockery

Dockery has more than 30 years of investment banking and related experience focused on M&A and corporate finance transactions. He has extensive transaction experience in the industrial, building products and distribution sectors. He joined Fidus in 2006 and prior to that served as managing director and head of building products investment banking at Wachovia Securities. Previously, Dockery was a managing director in the M&A group at Wachovia Securities and an officer with its predecessor, Bowles Hollowell Conner & Co. He also served as a corporate M&A attorney with Robinson, Bradshaw & Hinson, P.A.

Dockery earned his bachelor’s degree, magna cum laude, from Davidson College, where he was a member of Phi Beta Kappa and valedictorian. He received a J.D. degree from Yale Law School, where he was managing editor of the Yale Law and Policy Review.

Adam Dings

Dings has more than nine years of experience in financial services across public accounting, valuation services and investment banking. His prior experiences span across industries including financial services, logistics and distribution, specialty chemicals and healthcare. Prior to joining Fidus Partners in 2023, Dings worked in the healthcare investment banking groups at North Point M&A and Edgemont Partners. He also spent several years with Lincoln International and PricewaterhouseCoopers, where he started his career.

Dings earned his bachelor’s degree in business administration in accounting and finance from Villanova University, as well as the CFA designation.

John Kuhns

Prior to joining Fidus in 2023, Kuhns interned with Spencer Stuart. He graduated from Wake Forest University with a bachelor’s in business and enterprise management with a concentration in financial analysis.

Grant Fletcher

Prior to joining Fidus in 2024, Fletcher was a research analyst with Harvard Business School. He also graduated from Wake Forest University with a master’s degree in Accountancy, with a concentration in financial markets and transactions.

About PNFP Capital Markets, Inc.

PNFP Capital Markets, Inc., a subsidiary of Pinnacle Bank, is a middle-market investment bank specializing in M&A and capital advisory. They partner with family-owned, founder-owned, and closely-held businesses, and financial sponsors to provide advisory services for sell-side and buy-side M&A, recapitalizations, capital raises, and other strategic alternatives. Supported by a full-service capital markets platform and a leading regional bank, the team utilize all their resources, leveraging experience and expertise across industries, to provide every client with distinctive service and effective advice.

About Pinnacle Financial Partners

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 11 on FORTUNE magazine’s 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 11 years in a row and No. 1 among banks with more than $10 billion in assets in 2023.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $50.7 billion in assets as of September 30, 2024. As the second-largest bank holding company in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

Joe Bass

(615) 743-8219

joe.bass@pnfp.com



Faith Seifuddin

(615) 743-8437

faith.seifuddin@pnfp.com

Source: Pinnacle Financial Partners, Inc.

FAQ

How many new members joined PNFP Capital Markets from Fidus Partners?

Six members from Fidus Partners joined PNFP Capital Markets, including three Managing Directors, one Vice President, and two Analysts.

What is the total team size of PNFP Capital Markets after the new additions?

After adding the six new members from Fidus Partners, PNFP Capital Markets' team grew to 16 members.

In which cities does PNFP Capital Markets now have offices?

PNFP Capital Markets now has offices in Nashville and Knoxville, Tennessee, and Charlotte, North Carolina.

Who are the senior leaders that joined PNFP Capital Markets from Fidus Partners?

The senior leaders who joined include Ed Imbrogno (Co-founder and Managing Director), John Cheek (Managing Director), and Stephen Dockery (Managing Director).

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