NEW YORK, June 10, 2013 /PRNewswire/ --Strengthening its position as a leading M&A advisor for middle-market transactions, Deloitte Corporate Finance LLC (Deloitte Corporate Finance) announced today that it has acquired substantially all of the assets of McColl Partners, LLC (McColl Partners), an advisory-focused investment bank. She has over 30 years of experience in assurance and advisory services providing value-added services to private and public clients. Kevan Flanigan, who picked up the role as national managing director of Deloitte Corporate Finance in 2010, will continue to lead the practice that now includes all of the professionals from McColl Partners. Click Acquisition doubles practice size which now boasts 25 senior bankers. DTTL (also referred to as Deloitte Global) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. The executive editor will report to and partner . Globally, this transaction are expected to help drive new opportunities across the corporate finance practices of all the member firms of Deloitte Touche Tohmatsu Limited. McColl Partners Private Capital Solutions group has helped its clients raise in excess of $4 billion in senior and subordinated debt, and its Employee Stock Option Plan Corporate Finance practice advises business owners and trustees. Does M&A remain on the agenda for manufacturers? McColl said: "After founding McColl Partners 12 years ago and working hard with my teammates to build it over the years, Im confident that Deloitte Corporate Finance is now positioned to become a leading middle-market M&A advisor in the US with a global reach that is truly unique.". The high court handed down rulings in FBAR penalty and state escheat cases. Explore how our global network of practitioners takes a proven approach to address your pressing family enterprise challenges. When we come together, new bridges are built, and new opportunities are uncovered. Histria. The addition of McColl Partners professionals enhances Deloitte Corporate Finances market position in the United States and its global competitive advantage through its access to the member firms of Deloitte Touche Tohmatsu Limited. Don't have an account? Los Angeles, CA. Not the case? Primary Office. <p>Deloitte has expanded its M&A advisory and capital raising business with its acquisition of Charlotte-based boutique investment bank McColl Partners. Manages McColl Partners Web site. MBO provides the technology and expertise to engage and manage this workforce and offers a customizable . Deloitte said the McColl deal will allow Deloitte Corporate Finance to add a team of nearly 70 professionals, including 13 managing directors. McColl Partners' leading Private Capital Solutions group has helped its clients acquire over $4 billion in senior and subordinated debt. Based in Charlotte, Phil is the CEO of Deloitte Corporate Finance LLC (DCF) in the U.S and serves as the Global Leader of Deloitte Corporate Finance. Deloitte Corporate Finance LLC (DCF), a broker-dealer registered with the US Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. You may try one of the links below or do a search. Based in Charlotte, Phil is the CEO of Deloitte Corporate Finance LLC (DCF) in the U.S and serves as the Global Leader of Deloitte Corporate Finance. See here for a complete list of exchanges and delays. You should only be asked to sign in once. Like this story? Our Standards: The Thomson Reuters Trust Principles. No credits document.getElementById("comment").setAttribute( "id", "a1e61ad6f3277cd240498e0322d2dcb4" );document.getElementById("j64353fba0").setAttribute( "id", "comment" ); Terry Mulreany Member and former President of ACG Charlotte. Be inspired and empowered to think boldly, move confidently, and harness sage advice and insight from global leaders. Make connections during networking sessions and one-on-one meetings. This transaction also bolsters the sophisticated investment banking advisory services we provide our large corporate clients as they pursue strategic midsized deals in both domestic and global markets and middle-market clients seeking access to global markets or who are engaged in life event transactions.. Lorin also served as an attorney with Cravath, Swaine & Moore, a New York-based law firm, where he practiced in the corporate department. Deloitte Private professionals focus on the needs of privately held companies, private equity firms, family enterprises, and emerging growth companies. Learning "The addition of McColl Partners' professionals enhances Deloitte Corporate Finance's market position in the United States and its global competitive advantage through its access to the member firms of Deloitte Touche Tohmatsu Limited. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Our people and our culture make Deloitte a place where leaders thrive. Global Leader | Deloitte Corporate Finance Advisory, Financial Sponsors and Strategic Growth Services, Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC). Phil has served as a lead advisor for the sale or acquisition mandates of numerous companies in each of the following industries: human resource services, outsourced software, postsecondary education, corporate training, community banking, and consumer finance, among others. Site-ul McColl Partners McColl Partners' leading Private Capital Solutions group has assisted its clients to raise in excess of $4 billion in senior and subordinated debt, and its Employee Stock Option Plan (ESOP) Corporate Finance practice advises business owners and trustees. The leading site for news and procurement in the International Accounting Bulletin. The Entrepreneur Summit transports attendees beyond today, towards a prosperous and achievable tomorrow. Deloitte Private . IRIS Software Group acquired Apex HCM; and SD Mayer & Associates added Seifer, Murken, Despina, James & Teichman's tax practice. McColl, which also has offices in Atlanta, Dallas and Los Angeles . Deloitte's industrymergers and acquisitions (M&A) updates provide Deloitte Corporate Finance LLC insights and market data analysis that shed light on M&A trends. from 8 AM - 9 PM ET. Prior to joining DCF, he served as a Managing Director and co-founding Partner at McColl Partners. At the Entrepreneur Summit, all things become possible. The addition of McColl Partners professionals, including 13 managing directors, substantially expands Deloitte Corporate Finances geographic presence in the U.S., and enhances its portfolio of service offerings and depth of industry coverage. NEW YORK (Reuters) - Accounting and financial services firm Deloitte LLP struck a deal on Monday to buy boutique mergers and acquisitions advisory firm McColl Partners LLC in a bid to strengthen its position as an adviser on middle-market deals. Headquartered in Charlotte, North Carolina, with offices in Atlanta, Dallas and Los Angeles, McColl Partners serves clients across a number of industries, including consumer, industrial, business and financial services, health care, energy and technology. Adding McColl Partners professionals, including 13 managing directors, also substantially expands the firms geographical presence in the US and enhances its portfolio of service offerings . A McColl Partners-t 2001 szeptemberben alaptotta Hugh McColl, David Vorhoff, Phil Colaco, Lorin DeMordaunt, Eric Andreozzi, Jamie Lewin s Brad Winer. Click here to register, Not for publication, email or dissemination, MassMutual looks to tap a wider market for its fund finance products, INPRS expands commitment to HPS-managed account, The private debt market 2023: Five things to consider, Direct lending contemplates a change in direction. Deloitte US chief executive for financial advisory services David Williams said: "Middle-market M&A represents a significant growth opportunity for Deloitte and our clients. Locations 100 North Tryon St. 54th Floor Charlotte, NC 28202 United States 1700 Pacific Avenue Hosted across numerous countries, the Summit presents entrepreneurs, executives, and investors with a unique opportunity to have insightful conversations about private equity alternatives. McColl Partners a fost fondat n septembrie 2001 de ctre Hugh McColl, David Vorhoff, Phil Colaco, Lorin DeMordaunt, Eric Andreozzi, Jamie Lewin i Brad Winer. Three Key Benefits of Having a Diverse Workforce, Business directors must get a grip or risk sinking the ship, Companies moving to adopt carbon targets in executive pay, One in three experience bullying disguised as banter. Networking Deloitte proved to be the answer. Deloitte bought substantially all of Charlotte, N.C., investment bank's assets and will add roughly 70 members of its professional staff, including 13 managing directors. Please enable JavaScript to view the site. This global survey explores companies priorities with a focus on how the pursuit of resilience is driving companies strategies and actions. Event language: English. Deloitte acquires McColl Partners mid-market investment banking, MassMutual looks to tap a wider market for its fund finance, Strategy: Arbitrium targets stress down under. Prior to McColl Partners, he was a Teach For America Corps Member and taught high-school mathematics to underserved students in Charlotte . Trustee of the Make-A-Wish Foundation of Georgia and the Make-A-Wish Foundation of Iowa. Advisor to Consolidated Claims Group, a leading insurance claims services provider, on its recapitalization with Carousel Capital. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the Deloitte organization). It isthemoment of connection. This transaction also bolsters the sophisticated investment banking advisory services we provide our large corporate clients as they pursue strategic mid-sized deals in both domestic and global markets and middle-market clients seeking access to global markets or who are engaged in 'life event' transactions.". Deloitte Corporate Finance acted as exclusive financial advisor to Charlotte, North Carolina-based Direct Digital on its acquisition of Healthy Directions. Prior to joining DCF, Lorin served as a managing director and co-founding partner at McColl Partners, LLC. Press ESC key to close search. Hugh McColl will work with Deloitte FAS as a senior strategic advisor. Investment banking or other services that would require registration as a broker-dealer with the SEC and membership in FINRA would be provided exclusively by DCF. For more information, visit www.investmentbanking.deloitte.com. Deloitte Corporate Finance LLC, a FINRA-registered broker-dealer and wholly-owned subsidiary of Deloitte Financial Advisory Services LLP, provides deal execution and lead financial advisory services to large corporate, middle market, and private equity firms. Prior to joining DCF, he served as a Managing Director and co-founding Partner at McColl Partners. 2023. When co-founding our firm, Hugh McColl (former Chairman and CEO of Bank of America) sought to partner with professionals who shared his passion for winning, providing clients the highest level of service, and never sacrificing the integrity of the firm. Deloitte US corporate finance division has acquired substantially all of the assets of middle-market advisory-focused US investment bank McColl Partners and its team of almost 70 professionals. The need to stay innovative and competitive has revolutionized the way companies get work done. Kevan Flanigan, national managing director of Deloitte Corporate Finance since 2010, will continue to lead the practice that now includes all of the professionals from McColl Partners. The acquisition doubles Deloitte corporate finances size, which now has 25 senior bankers. Headquartered in Charlotte, NC, with additional offices in Atlanta, Dallas and Los Angeles, McColl Partners has dedicated teams serving clients across a number of industries, including consumer, industrial, business and financial services, health care, energy and technology. While at McColl Partners, Jeffrey worked directly with senior partners in executing middle-market mergers, acquisitions, and leveraged buyouts, in addition to competing for . . Advisor to Drake Software, a leading tax software provider, on its sale to CINVEN. Veterans can ask questions and receive advice from industry experts across the country, connect for one-on-one career coaching, and apply to open positions on the Job Board. The addition of McColl Partners' professionals, including 13 managing directors, substantially expands Deloitte Corporate Finance's geographic presence in the United States, and enhances its portfolio of innovative service offerings and its depth of industry coverage. Compare Deloitte vs McColl Partners on employee ratings, job openings, CEO approval, business outlook and more. "This transaction also bolsters the sophisticated investment banking advisory services we provide our large corporate clients as they pursue strategic mid-sized deals in both domestic and global markets and middle-market clients seeking access to global markets or who are engaged in life event transactions.". NEW YORK, Jun. The acquisition will double the size of Deloitte Corporate Finance, the Deloitte Financial Advisory Services unit that is buying McColl Partners, the company said. Fairmont Singapore, Get limited access to our industry news, analysis and data, plus regular email updates. Tap into the power of the global Deloitte network of professionals. 10, 2013 Strengthening its position as a leading M&A advisor for middle-market transactions, Deloitte Corporate Finance LLC (Deloitte Corporate Finance) announced today that it has acquired substantially all of the assets of McColl Partners, LLC (McColl Partners), an advisory-focused investment bank. Deloitte Private connects leaders of privately held businesses and family enterprises to a network of ideas, knowledge, and experiences. No financial terms were disclosed. chairman and chief executive who founded the firm with six other bankers 12 years ago - will work with Deloitte Financial Advisory Services as a senior strategic advisor. James Miller Partner/Principal at Deloitte Charlotte, North Carolina, United States 735 followers 500+ connections Join to connect Deloitte Duke University - The Fuqua School of Business. When typing in this field, a list of search results will appear and be automatically updated as you type. She is a member of the Global Clients & Industries Leadership team. Together with Deloitte Corporate Finance, these practices include in excess of 1,600 professionals, working collaboratively across 150 international locations. Advertising: 484.459.3016 Begin each business day with news you need to know! Previously, Lorin was at Bowles Hollowell Conner/First Union Securities. Reporting by Michael Erman; Editing by Chris Reese. Advisor to Execu|Search Group, a leading recruitment and staffing company, on its recapitalization with New Heritage Capital. Phil Colaco CEO, Deloitte Corporate Finance LLC and global leader, Deloitte Corporate Finance Advisory Based in Charlotte, Phil is the CEO of Deloitte Corporate Finance LLC (DCF). Jamie was a founding partner of McColl Partners in 2001, which developed into one of the leading boutique advisory firms and was acquired by Deloitte. and restructuring industries. Please check your spam or junk folder just in case. Advisor to Goldsboro Milling Company on its recapitalization of Butterball, LLC with Seaboard Corp. Advisor to Royal Pet Supplies on its sale to Quarry Capital Management and subsequent sale to Philips Pet Food and Supplies, Advisor to Cutters Glove on its sale to Shock Doctor, Advisor to Bushwacker, Inc. on its acquisition of Kalot Industries, Inc. d/b/a Stampede Products, Advisor to Bio-Engineered Supplements on its sale to Glanbia/Optium Nutrition, Advisor to Dymatize Enterprises on its recapitalization with TA Associates, Advisor to Klein-Becker USA on its sale of StriVectin to Catterton Partners, Advisor to Hooters of America on its sale to H.I.G. The addition of McColl Partners professionals enhances Deloitte Corporate Finances market position in the US and its global competitive advantage through its access to the member firms of Deloitte. deal tables and more on the asset-based lending, factoring, Jamie serves as the Global Lead for Deloitte Privates Advisory practice, heads Deloitte Corporate Finances financial sponsor coverage effort, and guides the development of The Entrepreneur Summit across six continents. susie.angelucci@monitordaily.com, Visit our sister website for news, information, exclusive articles, Certain services may not be available to attest clients under the rules and regulations of public accounting. Creates Press Releases and E-mail Newsletters. Real Estate In Dallas: Invest Now for Benefits Later! Hugh McColl added, "After founding McColl Partners 12 years ago and working hard with my teammates to build it over the years, I'm confident that Deloitte Corporate Finance is now positioned to become a leading middlemarket M&A advisor in the United States with a global reach that is truly unique.". Click here. Deloitte - Canada Nathalie Tessier, FCPA, FCA, is the leader for Deloitte Private's Global practice with offices in more than 80 countries. Hugh McColl - the former Bank of America BAC.N chairman and chief executive who founded the firm with six other bankers 12 years ago - will work with Deloitte Financial Advisory Services as a senior strategic advisor. It said Kevin Flanagan, the national managing director of Deloitte Corporate Finance, will continue to lead the business. www.abfjournal.com, The Alta Groups new vice chairman, Jim Merrilees, has noticed a major trend during his first six months consulting in the equipment finance industry: an inability or reluctance of many firms to innovate to attract talent during the current labor read more, The Equipment Leasing and Finance Association has been making major moves to address the subject of diversity, equity and inclusion (DE&I) within the equipment finance industry. A link has been emailed to you - check your inbox. 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