Solomon Partners
 | This article contains content that is written like an advertisement. (September 2021) |
 | |
| Type | Private Company |
|---|---|
| Industry | Investment Banking |
| Founded | 1989 |
| Headquarters | 1345 Avenue of the Americas , New York City U.S. |
Number of employees | 150 - 200 |
| Website | solomonpartners |
Solomon Partners, previously known as PJ Solomon, is an independently operated American investment bank and financial services company headquartered in New York City. Solomon Partners advises on mergers, acquisitions, divestitures, restructurings, recapitalizations, SPACs and capital markets.
History[]
Solomon Partners was founded in 1989 by Peter J. Solomon and was one of the first private independent investment banking firms on Wall Street, created to mirror the ethos and culture of the originally privately held investment banks at a time when many of the large investment banks had gone public.[1]
Solomon Partners is headquartered in New York City and has added offices in Chicago and Fort Lauderdale.[2]
In June 2016, Solomon Partners entered into an alliance with Natixis, a French financial services firm owned by Groupe BPCE, to create an enhanced global M&A advisory and financing platform.[3]
In September 2021, the company changed its name to Solomon Partners.[4]
Transactions[]
Solomon Partners' practices cover multiple industry verticals, including business services, consumer retail, financial sponsors, fintech, grocery, pharmacy and restaurants, healthcare, infrastructure, power and renewables and technology, media and telecommunications. Select transactions include advising on the following areas.
Consumer retail[]
Grocery, pharmacy and restaurants[]
- Save-A-Lot on its $1 billion recapitalization and conversion sales[6]
Technology, media and telecommunications[]
- Banijay on its acquisition of Endemol Shine Group[7]
References[]
- ^ "Wall Street: Back to the old school". Financial Times. 14 July 2009. Retrieved July 14, 2009.
- ^ "Fort Lauderdale gets new office of Manhattan financial firm". Sun Sentinel. Retrieved May 22, 2021.
- ^ SOLOMON, PJ (2019-01-22). "PJ SOLOMON Celebrates 30th Anniversary with Corporate Rebrand and New Website". GlobeNewswire News Room (in French). Retrieved 2021-10-03.
- ^ Partners, Solomon (2021-09-27). "PJ SOLOMON Renames as Solomon Partners". GlobeNewswire News Room. Retrieved 2021-10-03.
- ^ Nutra ingredients-usa.com. "https://www.nutraingredients-usa.com/Article/2017/05/22/Nutraceutical-International-sold-for-446-million#". Retrieved May 22, 2017.
{{cite web}}: External link in|title= - ^ "Save A Lot Announces Successful Completion of Business Recapitalization". Business Wire. 3 April 2020. Retrieved April 3, 2020.
- ^ "Banijay Group completes acquisition of Endemol Shine". S&P Global Market Intelligence. Retrieved July 3, 2020.
External links[]
- Official website
- M&A activity has already blown past the $2 trillion mark in a record-breaking 2021. Fortune, June 2, 2021.
- Amazon and Walmart are investing capital to be both leading retailers and leading grocers: M&A Advisor. Yahoo! Finance, June 21, 2021.
- PJ SOLOMON Appoints Jon Hammack as New Global Head of Healthcare. GlobeNewswire, July 1, 2021.
- CVS and Walgreens Were Reeling. Now They're Riding a COVID-19 Wave. The Wall Street Journal, June 18, 2021.
- Ward, Vicky (2010). The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers. Hoboken, NJ: John Wiley & Sons. ISBN 978-0-470-54086-2.
- Kanter, Rosabeth Moss, Barry A. Stein, and Todd D. Jick (1992). Challenge of Organizational Change: How Companies Experience It and Leaders Guide It.. New York: Simon & Schuster. ISBN 0-7432-5446-5.
- Investment banks in the United States
- American companies established in 1989
- Financial services companies established in 1989
- Banks established in 1989