BOSTON, Feb. 6, 2024 /PRNewswire/ -- Capstone Partners, a
leading middle market investment banking firm, is pleased to
announce the appointment of three seasoned M&A advisory
professionals as new Managing Directors on its industry banking
teams. Steven Dana will join the
firm's Industrial Technology Investment Banking Group and
Jerry Sturgill and Skye Root will join the firm's Agriculture
Investment Banking Group, enhancing the firm's substantial
portfolio of specialized sector knowledge.
Steven Dana brings nearly 20
years of industry experience to the firm's Industrial
Technology Investment Banking Group, where he will leverage
expertise in key areas including supply chain automation, robotics,
internet of things (IoT), and industrial software. Dana joins
Capstone from Drake Star Partners, a middle market investment
banking firm in New York, where he
was a Partner and led the firm's Industrial Technology
practice.
Dana commented, "I am thrilled to join Capstone and expand its
coverage in the Industrial Technology Industry. Capstone's deep
vertical coverage of industrial technology combined with our
commitment to providing a full suite of services to the middle
market uniquely positions us to deliver outstanding outcomes for
our clients."
Peter Nam, Head of the firm's
Industrial Technology Group, added, "We are extremely excited that
Steven Dana has joined our team. In
addition to his deep sector expertise in software and automation,
he brings a proven track record of working closely with leading
industrial technology companies in the middle market."
Jerry Sturgill will enhance
the firm's developing coverage of the Agriculture Industry. He has
more than 30 years of experience spanning across multiple
disciplines, including investment banking, corporate law, and
business operations. Sturgill carries deep expertise across all
areas of Agriculture—with a particular focus on food-processing,
ag-tech, and farm-based energy production. He is transitioning from
a Senior Advisor at Capstone to Managing Director after having
founded boutique investment banking firm Galena Capital, based in
Boise, ID. Previously at Capstone,
he completed a diverse range of successful transactions including
the divestiture of assets by Dairy Farmers of America, the
carve-out of Creative Electronic Systems and its subsequent
sale, and Aeronautics' acquisition of Chassis Plans.
Additionally, Skye Root, CFA,
joins as a Managing Director to further strengthen the Agriculture
Industry Group with unique expertise at the crossroads of
institutional investment and agriculture. He specializes in the
agriculture production, inputs, and ag-tech sectors. He will bring
an applied perspective to clients as an industry player
himself—Root was named the 2022 American Society of Farm Managers
and Rural Appraisers (ASFMRA) Farm Manager of the Year. He also
joins Capstone from Galena Capital.
Sturgill commented, "We are excited to add to the growing
Agriculture investment banking practice at Capstone. Our team's
deep experience and expertise combined with the breadth of
Capstone's capabilities and resources provides a full array of
services to our farm and agribusiness clients. Capstone is well
positioned to respond to important trends affecting today's
Agriculture industry, including vertical integration,
consolidation, and generational transfers."
Paul Janson, Head of Investment
Banking at Capstone, added, "As we anticipate a healthy year of
M&A activity in 2024, we are aligning our strategy for the
increase in demand levels. The ongoing expansion of our Industry
Investment Banking groups with reinforced expertise at the senior
level is at the forefront of that strategy so that we may service
more clients spanning diverse end markets."
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
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SOURCE Capstone Partners