20 LOS ANGELES BUSINESS JOURNAL APRIL 6, 2015
THE LIST Ranked by number of Finra-licensed investment bankers in Los Angeles CountyINVESTMENT BANKS
NExT wEEKThe Largest Executive Search Firms in Los Angeles County
Rank Investment Bank• name
• address
• website
L.A. CountyEmployees• licensed
bankers
• total
Deal Volume• 2014 $ volume
(in millions)
• 2014 # of deals
Services Offered(partial list)
Industry Focus(partial list)
Profile• headquarters
• offices
(L.A./total)
Top Local Executive• name
• title
• phone
1Houlihan Lokey10250 Constellation Blvd., Fifth FloorLos Angeles 90067hl.com
107246
WND208
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring
aerospace, businessservices, consumer,energy, media,financial, health care
Los Angeles1/21
Scott BeiserCEO(310) 553-8871
2Moelis & Co.1999 Avenue of the Stars, Suite 1900Los Angeles 90067moelis.com
491
WNDWNDWND
M&A, restructuring, riskadvisory, capital markets,private fund advisory
consumer, financial,industrials, health care,natural resources, realestate, gaming, leisure
New York1/17
Kenneth D. MoelisCEO(310) 443-2300
3New Century Capital Partners1510 11th St., Second FloorSanta Monica 90401newcenturycap.com
4040
62515
M&A, fairness opinions, privatedebt and equity placements
technology, Internet/digital media, healthcare, clean tech
SantaMonica2/4
Mark J. SalterManaging Partner(310) 415-8177
4Imperial Capital2000 Avenue of the Stars, Ninth FloorSouthLos Angeles 90067imperialcapital.com
3279
WNDWND
M&A, fairness opinions,solvency opinions, restructuring
aerospace, businessservices, energy,consumer, financial,industrials
Los Angeles2/10
Randall WoosterCEO(310) 246-3700
5Duff & Phelps10100 Santa Monica Blvd., Suite 1100Los Angeles 90067duffandphelps.com
2572
15,64035
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring
consumer, health care,industrials, aerospace,real estate
New York2/80
Sherry CefaliManaging Director(424) 249-1650
6Cappello Group/Cappello Global100 Wilshire Blvd., Suite 1200Santa Monica 90401cappellocorp.com
2431
4,00035
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring
business services,consumer, energy,financial, health care,industrials
SantaMonica1/8
Alexander L. CappelloChairman, CEO(310) 393-6632
7Intrepid Investment Bankers11755 Wilshire Blvd., Suite 2200Los Angeles 90025intrepidib.com
2034
WNDWND
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring
business services,consumer, digitalmedia, technology,financial, health care
Los Angeles1/1
Eduard BagdasarianCEO(310) 478-9000
8NMS Capital433 N. Camden Drive, Fourth FloorBeverly Hills 90210nmscapital.com
1823
WNDWND
M&A, fairness opinions, privatedebt and equity placements,due diligence, restructuring,PIPE financing, EB-5
generalist Beverly Hills1/9
Trevor M. SalibaChairman, CEO(310) 855-0020
9FocalPoint Partners11150 Santa Monica Blvd., Suite 1550Los Angeles 90025focalpointllc.com
1519
N/AN/A
M&A, private debt and equityplacements, restructuring
consumer, industrial,health care,technology/media,business services
Los Angeles1/2
Duane Stullich/NishenRadia/Rajesh SoodManaging Partners(310) 405-7000
10Growthink Securities6033 W. Century Blvd., Suite 150Los Angeles 90045growthink.com/investment-banking
1515
2,00021
M&A, private debt and equityplacements, due diligence,restructuring
technology, retail Los Angeles1/3
James Turo/DavidLavinsky/Jeff JonesManaging Directors(800) 506-5728
11Salem Partners11111 Santa Monica Blvd., Suite 1070Los Angeles 90025salempartners.com
131
WNDWNDWND
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence
aerospace anddefense, life sciences,media andentertainment
Los Angeles1/2
Trevor BohnManaging Director(310) 806-4200
12B. Riley & Co.11100 Santa Monica Blvd., Suite 800Los Angeles 90025brileyco.com
1246
1,47521
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring
WND Los Angeles1/6
Thomas Kelleher, CEOBryant Riley, Chairman(310) 966-1444
13Diamond Capital Advisors1875 Century Park East, Suite 1220Los Angeles 90067diamondcapadvisors.com
1215
WNDWND
M&A, private debt and equityplacements, PIPE financing,consulting for exit strategies,preparation for financing
manufacturing,distribution, businessservices, media, healthcare, technology
Los Angeles1/1
David J. HermanManaging Partner(310) 432-8575
14Sage Group11111 Santa Monica Blvd., Suite 2200Los Angeles 90025sagellc.com
12WND
WNDWND
M&A, capital formation branded consumer,including apparel,retail, personal care,food & beverage
Los Angeles1/1
Mark VidergauzCEO(310) 478-7899
15Lincoln International633 W. Fifth St., Suite 6650Los Angeles 90071lincolninternational.com
1114
N/A10
M&A, fairness opinions, privatedebt and equity placements,restructuring, valuations
industrials, aerospaceand defense, businessservices, consumer,health care
Chicago1/16
Chris PetrossianManaging Director(213) 283-3700
16Trinity Capital11755 Wilshire Blvd., Suite 2450Los Angeles 90025trinitycapitalllc.com
1114
1,50030
M&A, private debt and equityplacements, restructuring,valuations
restaurant, food/agriculture, generalist
Los Angeles1/2
Kevin T. BurkeManaging Director(310) 268-8330
17Greif & Co.633 W. Fifth St., 65th FloorLos Angeles 90071greifco.com
1016
WNDWND
M&A, fairness opinions, privatedebt and equity placements,due diligence, restructuring,strategic and financial advisory
consumer, industrial,technology, healthcare, food, aerospace,entertainment/media
Los Angeles1/1
Lloyd GreifCEO, President(213) 346-9255
18Spartan Group39 E. Union St.Pasadena 91103spartantsg.com
8WND
WNDWND
M&A, fairness opinions, privatedebt and equity placements,PIPE financing
metals/transportation,food and beverage,retail and brandedconsumer products
Pasadena1/3
John JohnsonManaging Director(626) 204-6376
19William and Henry Associates1901 Avenue of the Stars, Second FloorLos Angeles 90067williamhenryassociates.com
77
WNDWND
M&A, strategic and financialadvisory
manufacturing,distribution, consumerproducts, consumerservices, health care
Los Angeles1/2
David J. IanniniPresident(310) 461-1355
20First Beverage Advisors11150 Santa Monica Blvd., Suite 1425Los Angeles 90025firstbeveragegroup.com
7WND
WNDWND
M&A, private debt and equityplacements
beverage andbeverage-relatedcompanies
Los Angeles1/3
Nicole FryManaging Partner(310) 481-5100
1 Information from Finra filings.N/A - Not Applicable Note: The information on this list was provided by representatives ofthe companies themselves. Investment banks are ranked by the number of FINRA-licensedbankers and the number of employees in L.A. County offices, respectively. To the best ofour knowledge, this information is accurate as of press time. While every effort is made toensure the accuracy and thoroughness of the list, omissions and typographical errors
sometimes occur. Please send corrections or additions on company letterhead to theResearch Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, LosAngeles 90036. ©2015 Los Angeles Business Journal. This list may not be reprinted inwhole or in part without prior written permission from the editor. Reprints are availablefrom the YGS Group, (800) 290-5460 ext. 100.
Researched by David Nusbaum
THE PACESETTER: Houlihan Lokey is the largest investment bank operating in Los Angeles County. The Century City-based firm has 107 Finra-licensed investment bankers working in its Century City office. The company provides services for mergers and acquisitions, capital markets, financial restructuring and valuations. Earlier this year, the firm acquired strategic consulting firm Bridge Strategy Group and opened an office in Sydney.
1
EXPANSION: B. Riley & Co. is now part of publicly traded B. Riley Financial Inc., which was formed through a combination of the B. Riley companies and publicly traded Woodland Hills company Great American Group Inc. The resulting company changed its name to B. Riley Financial Inc. in November and its stock symbol to “RILY.”
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’10 ’11 ’12 ’13 ’14
$3.5
3.1
2.7
2.3
1.9
1.5
Market Rebound
2010 2011 2012 2013 2014
’10 ’11 ’12 ’13 ’14
4,600
4,500
4,400
4,300
4,200
4,100
4,000
4,578
4,456
4,289
4,146
4,068
Shaking Out
2010 2011 2012 2013 2014
’08 ’09 ’10 ’11 ’12 ’13 ’14
$3.5
3.1
2.7
2.3
1.9
1.5
631
622
630
636
637
Deal VolumeThe dollar volume of global M&A deals by year. (in trillions)
Source: Bloomberg News
12
Continued on page 22
20-22_list_investmentbanking.ind20 20 4/2/2015 4:56:19 PM
22 LOS ANGELES BUSINESS JOURNAL The LisT APRIL 6, 2015
Continued from page 20iNVesTMeNT BANKs
Rank Investment Bank• name
• address
• website
L.A. CountyEmployees• licensed
bankers
• total
Deal Volume• 2014 $ volume
(in millions)
• 2014 # of deals
Services Offered(partial list)
Industry Focus(partial list)
Profile• headquarters
• offices
(L.A./total)
Top Local Executive• name
• title
• phone
21Generation Equity Advisors8560 W. Sunset Blvd., Suite 500West Hollywood 90069generationequityadvisors.com
610
4008
M&A software, IT services,internet and digitalmedia
Los Angeles1/3
Aaron T. SolganickCEO(310) 684-3130
22Clear Capital Advisors15260 Ventura Blvd., Suite 1060Sherman Oaks 91403clearcapitaladvisors.com
69
WNDWND
M&A, private debt and equityplacements, strategic advisory,ESOPs
business services,technology, digitalmedia, entertainment,health care
ShermanOaks1/2
Bruce PompanManaging Director(818) 377-3500
23Park Lane2029 Century Park East, Suite 437Los Angeles 90067prkln.com
518
5829
M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring
sports teams, leagues,businesses
Los Angeles1/5
Andrew W. KlineManaging Director(310) 201-8496
24McCafferty & Co.2029 Century Park East, Suite 1140Los Angeles 90067mccaffertyco.com
56
WNDWND
M&A, restructuring media and technology Los Angeles1/1
Colin McCaffertyManaging Partner(310) 551-4040
25Deloitte Corporate Finance350 S. Grand Ave.Los Angeles 90071investmentbanking.deloitte.com
51
WNDWNDWND
M&A, fairness opinions, privatedebt and equity placements,ESOP corporate finance
business services,consumer products,financial services, lifesciences, health care
Charlotte,N.C.1/4
Kevan FlaniganNational ManagingDirector(213) 688-0800
26Siemer & Associates1333 Second St., Suite 600Santa Monica 90401siemer.com
412
WNDWND
M&A, private debt and equityplacements
digital media andsoftware
SantaMonica1/3
David Siemer/DanielChen/Ivan NikkhooManaging Directors(310) 861-2100
27Wedbush Securities1000 Wilshire Blvd.Los Angeles 90017wedbush.com
4WND
WNDWND
M&A, fairness opinions, privatedebt and equity placements,IPO underwriting, PIPEfinancing
consumer, industrialgrowth, life sciencesand technology
Los Angeles16/102
Jonathan HoweManaging Director,Investment Banking(213) 688-8000
28NewCap Partners Inc.5777 W. Century Blvd., Suite 1135Los Angeles 90045newcap.com
3WND
WND3
M&A, fairness opinions, privatedebt and equity placements,restructuring
technology, aerospace,specialty materials,water
Los Angeles1/3
Tom TurneyManaging Principal(310) 645-7900
29Roth Capital Partners11100 Santa Monica Blvd., Suite 550Los Angeles 90025rothcp.com
3WND
WNDWND
IPO underwriting, PIPEfinancing
business services,consumer, health care,cleantech, technologyand media
NewportBeach1/5
Russ NudelmanVice President(800) 991-2788
30Riverbrook Capital11611 San Vicente Blvd., Suite 715Los Angeles 90049riverbrookcap.com
11
WND2
M&A, fairness opinions, privatedebt and equity placements,restructuring
industry agnostic Los Angeles1/1
Thomas A. TurpinManaging Partner(310) 826-9600
1 Information from Finra filings.N/A - Not ApplicableNote: The information on this list was provided by representatives of the companies
themselves. Investment banks are ranked by the number of FINRA-licensed bankers andthe number of employees in L.A. County offices, respectively.
Researched by David Nusbaum
has sold
to
has been sold to
has been sold to
led the recapitalization of
fromfrom
Moorad Sports Partners
has sold
to
has been sold to
an affiliate of
0
120
240
360
480
600
Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60
Location DollarsThird quarter average asking rents by submarket for Class A office property.
Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%
Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2
Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55
Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5
’10 ’11 ’12 ’13 ’14
$3.5
3.1
2.7
2.3
1.9
1.5
Market Rebound
2010 2011 2012 2013 2014
’10 ’11 ’12 ’13 ’14
4,600
4,500
4,400
4,300
4,200
4,100
4,000
4,578
4,456
4,289
4,146
4,068
Shaking Out
2010 2011 2012 2013 2014
’08 ’09 ’10 ’11 ’12 ’13 ’14
$3.5
3.1
2.7
2.3
1.9
1.5
631
622
630
636
637
Deal TargetsGlobal M&A transactions by industry.
10%Industrial
10%Energy
Source: Bloomberg News
22%Financial
27%Consumer
17%Communications
14%Other
20-22_list_investmentbanking.ind22 22 4/2/2015 4:56:28 PM
