DMCA to Serve Growing M&A Client Base
TROY, MICH. and HOUSTON – June 10, 2014 – Doeren Mayhew, a top 100 CPA and advisory firm, has spun off its investment banking practice into a new investment bank, Doeren Mayhew Capital Advisors, to accommodate its growing mergers and acquisitions client base.
The launch follows a record year in M&A for Doeren Mayhew, partially fueled by the Houston energy economy and the addition of investment banking staff in its Troy, Mich., office. In 2013, Doeren Mayhew was named as the number one M&A firm in the nation by INSIDE Public Accounting, leading 500 other firms in M&A deals.
“While our investment bankers have traditionally served Doeren Mayhew’s CPA clients as they look to exit the business or acquire to grow, we are seeing significant demand beyond this as the marketplace becomes aware of what we are able to accomplish for our clients,” said Tim Moore, managing director for Doeren Mayhew Capital Advisors and managing shareholder for Doeren Mayhew’s Houston office. “We look forward to serving even more businesses locally and nationally while continuing to provide our existing clients with the support they’ve come to rely upon.”
In the investment banking business for 30 years, Moore is among seven licensed bankers and M&A professionals who round out the Doeren Mayhew Capital Advisors core deal team:
- Tim Moore, Managing Director – 30 years’ experience; series 6, 63 and 79 licensed
- Brian Basil, Managing Director – More than 17 years’ experience; series 7, 63,79 and 24 licensed
- Claudio Calado, Managing Director – More than 10 years’ experience; series 63 and 79 licensed
- William Rosell, Analyst – MBA; more than a year of experience
In addition, national deal resources include 19 U.S. offices and access to hundreds of offices across the globe through Doeren Mayhew’s association with Moore Stephens International. Serving the middle-market, Doeren Mayhew Capital Advisors will offer comprehensive sell-side, buy-side and capital raise services, while Doeren Mayhew’s CPA practice will continue to provide advisory services and transaction support, offering a one-stop solution for clients looking to buy or sell a business.
“The launch of a national investment bank is an obvious progression in Doeren Mayhew’s growth plan as our client needs in the areas of business sale, growth through acquisition and capital raise reaches record levels,” said Mark Crawford, CPA, chairman and CEO of Doeren Mayhew. “This simply formalizes a practice that we have been very successful at in the past and allows us to bring substantial additional talent to any transaction.”