News
LockeBridge executes agreement with Pallas Capital
LockeBridge Investment Banking has announced its partnership with Pallas Capital of Vienna, Austria. The basis of the agreement is to provide LockeBridge clients with direct access to the European investment community thereby taking advantage of the highly valued European currency. Equally important, Pallas Capital clients will benefit from increased exposure to middle market companies seeking capital or acquisition partners.
According to Mr. Scott Waxler, LockeBridge Managing Partner, "it is no secret that the strong European currency is pushing up valuations in the United States. The challenge for middle market companies is gaining access to the foreign investment community. Pallas Capital is in the business of raising capital within the European community. Combining the Pallas capability with our access to global strategic buyers will enable LockeBridge clients to gain access to markets that mid-market corporations would generally not be able to reach."
Mr. Gerald Horhan, Pallas Executive Director, comments, "while the European community has advanced capabilities enabling participation in larger U.S. transactions, access to middle market transactions is challenging. The partnership with LockeBridge will provide a direct conduit to the attractive North American middle market."
About LockeBridge, LLC
LockeBridge is an investment banking firm focused on middle market transactions; primarily assisting clients with mergers, acquisitions, divestitures, recapitalizations, consulting services and capital access on a global basis. The LockeBridge team brings a high level of domestic and international expertise to both privately held and public corporations throughout North America.