Articles from D.A. Davidson & Co.

D.A. Davidson & Co. announced today that it served as the exclusive sell-side financial advisor to Spectrum Group International, Inc. (“SGI”), the parent of Stack’s Bowers Galleries (“SBG”, or the “Company”) in its sale to A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”).

D.A. Davidson & Co. today announced survey results revealing that two in five retired Americans (41%) feel like they currently cannot support their ideal retirement. And while 92% of retired Americans say they do not have a side gig to supplement their retirement savings, 60% wish they did.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to cQuant.io, a provider of analytics solutions for the energy & commodities sectors, in its sale to Zema Global, a leading provider of data management and analytics solutions for the energy, commodities, and financial sectors and portfolio company of FTV Capital.

D.A. Davidson & Co. announced today that it served as the exclusive sell-side financial advisor to Nielsen-Kellerman Acquisition Corp. (“Nielsen-Kellerman” or the “Company”) and its Private Equity Sponsor, Clearview Capital, in the sale of Nielsen-Kellerman to Gladstone Investment Corporation.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, on the sale of its Atmospheric and Environmental Research (“AER”) business to JANUS Research Group (“JANUS”). JANUS is a portfolio company of CM Equity Partners.

D.A. Davidson & Co. announced today that its Investment Banking division has hired Ken Kantowitz as Director, Debt Advisory, strengthening the firm’s Capital Advisory Team and Financial Sponsors Group.

D.A. Davidson & Co. is pleased to announce that it served as sole manager on a secondary offering of common stock for CPI Card Group Inc. (“CPI” or the “Company”), a payments technology company and leading provider of credit, debit, and prepaid card and digital solutions, including Software-as-a-Service (SaaS) based instant issuance. The Company is listed on the Nasdaq stock exchange under the symbol PMTS.

D.A. Davidson & Co. announced today that it has served as exclusive buy-side financial advisor to NeoXam, the Paris, France-based provider of “data-centric” financial technology solutions to more than 150 asset managers global banks and other large financial services organizations, on its acquisition of EZOPS, the New York-based provider of AI-enabled data control, workflow automation, and regulatory reporting.

D.A. Davidson & Co. is pleased to announce that it served as exclusive financial advisor to Night Shift Development, Inc. (“Night Shift” or the “Company”), a U.S.-based data infrastructure and analytics company, on its sale to Snowflake Inc. (“Snowflake”, NYSE:SNOW), a data cloud and artificial intelligence company.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Turnspire Capital Partners LLC (“Turnspire”) on an asset-backed credit facility to finance Turnspire’s acquisition of Pharmachem Innovations, LLC (“Pharmachem” or the “Company”), the former nutraceuticals business of Ashland Inc. (NYSE: ASH).

D.A. Davidson & Co. today released its fifth annual The Herd report featuring the top 100 privately-held software companies globally, largely falling within D.A. Davidson’s core areas of software expertise: application and vertical software and infrastructure and security software. These private companies have shown a strong track record of innovation and were selected based on scale, growth, market awareness, capitalization, strategic positioning, and other proprietary analytics generated by D.A. Davidson.

D.A. Davidson & Co. announced that it served as exclusive financial advisor to Seneca Companies (Seneca) in its partnership with Trive Capital (Trive), a Dallas-based private equity firm. The new partnership with Trive will support Seneca’s growth strategy to be a premier service provider to the fueling solutions industry and set the standard for this industry’s future.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Optivations LLC (“Optivations” or the “Company”), a leading digital marketplace manager, on its significant investment from Skylark Private Equity Partners (“Skylark”). Optivations founders, Bob Neapole, Andrew Kroll, Brad Finkbeiner, and Link Newcomb, will continue to lead the business and have retained significant ownership.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Elite Surface Infrastructure (“ESI”), a portfolio company of Silver Peak Partners and Peninsula Capital Partners (“Peninsula”), on its sale to Bow River Capital (“Bow River”). Headquartered in Denver, Colorado, ESI is a leading provider of asphalt and concrete infrastructure paving, maintenance, and expansion services.

D.A. Davidson & Co. announced today that it served as financial advisor to Crown Crafts, Inc. (NASDAQ: CRWS) (“Crown Crafts”) with the successful acquisition of Baby Boom Consumer Products, Inc. (“Baby Boom”), a leader in toddler bedding and an early disruptor in the diaper bag category, from The Betesh Group.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to SmartAction LLC, a leading provider of conversational AI solutions that deliver a best-in-class customer experience, in its sale to Capacity, an AI-powered customer support automation platform. SmartAction is a portfolio company of TVC Capital and Staley Capital.

D.A. Davidson & Co. is proud to announce that it served as the exclusive strategic and financial advisor to ZEMA Global Data, formerly ZE PowerGroup, on its significant growth investment from FTV Capital, the sector-focused growth equity investment firm based out of San Francisco, New York, Connecticut and London.

D.A. Davidson & Co. announced today that it served as financial advisor to The James Skinner Baking Company (“J. Skinner” or the "Company”), in connection with its sale to Stellex Capital Management (“Stellex”), a private equity firm with more than $2.6 billion in committed capital under management that invests in middle-market companies in North America and Europe. Headquartered in Omaha, Nebraska, J. Skinner provides ready-to-eat baked goods through grocery in-store bakeries (“ISB”), foodservice providers and co-pack partnerships.

D.A. Davidson & Co. announced today that it served as financial advisor to Ben Shidla, CEO of Best Choice Products (“BCP” or the "Company”), in his successful buyout of remaining equity from selling shareholders.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to InQuik on its strategic partnership with Commercial Metals Company (“CMC”). Founded in Australia with operations in Colorado, InQuik has developed a patent-protected, innovative semi-modular construction method to build reinforced concrete bridges. InQuik is licensing its intellectual property to CMC to produce and sell bridge solutions in the U.S. in an exclusive deal, combining the strengths of both companies to drive growth and innovation.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Govenda, a board portal and corporate governance software platform known for artificial intelligence (AI) applications, in its sale to Passageways, parent company of OnBoard, a leading provider of digital board governance solutions and portfolio company of JMI Equity. Govenda is a portfolio company of Growth Street Partners, a San Francisco-based growth equity fund, and founded by Marion Lewis and Jeanette Thomas.

D.A. Davidson & Co. today announced survey results revealing that most Americans (85%) are concerned about how the outcome of the upcoming U.S. presidential election will affect the markets.

D.A. Davidson & Co. announced that Gary Morabito has joined the Equity Capital Markets Group as Managing Director.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Sammons Warehouse Solutions (SWS), a provider of warehousing, racking, and storage solutions, on its partnership with Precision Warehouse Design (PWD), a full-service warehouse automation integrator. With the backing of SWS’s expertise, capabilities, and resources, the strategic partnership is expected to enhance PWD’s ability to provide innovative solutions to its customers and further solidify its leadership position in the mid-market segment of the North American warehouse automation industry.

D.A. Davidson & Co. is pleased to share that its Investment Banking division has hired Tim Ludwick as Managing Director, bolstering the firm’s Capital Advisory Team and Financial Sponsors Group.

D.A. Davidson & Co. announced today that it served as buy-side advisor to A-Mark Precious Metals, Inc. (“A-Mark or “The Company) (Nasdaq: AMRK), a fully integrated precious metals platform, on its acquisition of LPM Group Limited (LPM), one of Asia’s largest precious metals dealers from AMS Holding, LLC. Further, a joint venture consisting of A-Mark, Pinehurst, and Stack’s Bowers Numismatics, an affiliate of A-Mark, acquired a common equity interest in AMS equivalent to 10% of the total, fully diluted common equity interests in AMS.

D.A. Davidson & Co. announced today that its Investment Banking business has appointed Eric Stetler, Managing Director, to Head of M&A. In his new role, Stetler will provide senior M&A origination and execution support to Davidson’s industry teams, and further enhance M&A product and market knowledge throughout the business. He will continue to lead the firm’s Machinery & Equipment sector coverage and primarily support the Consumer and Diversified Industrials groups.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Crimson Steel Supply (“Crimson”), a portfolio company of Argonaut Private Equity (“Argonaut”), on its sale to White Cap (“White Cap”). Headquartered in Tulsa, Oklahoma, Crimson is a premier value-added distributor and fabricator of engineered steel rebar and structural steel products serving commercial, industrial, and infrastructure end-markets.

D.A. Davidson & Co. announced today that it has served as exclusive financial advisor to Proficium, Inc. (“Proficium” or the “Company”), a California-based networking solutions provider, on its significant growth investment from Mill Point Capital LLC (“Mill Point”), a lower middle-market private equity firm based in New York.

D.A. Davidson & Co. announced today that it served as exclusive strategic and financial advisor to TPG Software, an industry leader in investment accounting and management solutions, in its sale to Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Anillo Industries (“Anillo”) on its sale to Novaria Group (“Novaria”), a portfolio company of Kohlberg Kravis Roberts & Co. (“KKR”). Headquartered in Orange, California, Anillo is a longstanding best-in-class manufacturer of Class C parts, including washers, shims, spacers, plain bearings, and stampings. Terms of the deal were not disclosed.

D.A. Davidson & Co. announced today that it has served as exclusive financial and strategic advisor to Searchlight Cyber (“Searchlight” or the “Company”), a U.K.-based dark web intelligence company on its strategic growth investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York.

D.A. Davidson & Co. announced today that it served as the exclusive financial advisor to Head Rush Technologies (“Head Rush”) and its Private Equity Sponsor, Pike Street Capital, in the sale of Head Rush to TZP Group. Founded in 2012 and headquartered in Louisville, CO, Head Rush is the market leader in the adventure safety industry offering products utilized in climbing, zip lining, and free fall applications, including TRUBLUE™, the most widely used and reputable auto belay device in the world. Head Rush products leverage a patented magnetic braking system which provides for increased safety, lower cost of ownership, and enhanced user experience compared to competing braking systems. The Company sells devices in more than 70 countries and provides service support and replacement parts to ensure continuous, reliable operation of equipment.

D.A. Davidson & Co. announced that it served as exclusive financial advisor to Star Protection Agency (“Star”) on its sale to Allied Universal (“Allied”). Headquartered in Seattle, WA, Star is a security services provider with locations in six states.

D.A. Davidson & Co. announced today that it served as exclusive sell-side advisor to COMC, an innovator in the sports trading cards space, on its recent commercial agreement and investment from eBay Inc., a global commerce leader that connects millions of sellers and buyers around the world. In addition, the companies have entered into a commercial agreement to accelerate the growth of the trading card hobby.

D.A. Davidson & Co. today announced survey results revealing that almost three-quarters of Americans who plan to celebrate the 2023 holidays (71%) are stressed about their expected spending this upcoming holiday season.

D.A. Davidson & Co. announced today that it served as sell-side advisor to Acme United Corporation on the sale of Camillus and Cuda brands to GSM Outdoors. Based in Shelton, Connecticut, Acme United is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. The Company’s leading brands include First Aid Only, First Aid Central, PhysiciansCare, Pac-Kit, Spill Magic, Westcott, Clauss, DMT, Med-Nap, and Safety Made.

D.A. Davidson & Co. announced today the opening of a wealth management office in Wilmington, North Carolina, welcoming a team of eight professionals to the firm. The professionals, who were previously affiliated with Truist, bring extensive financial services experience to the firm’s footprint in the Carolinas and collectively oversee $1 billion AUM.

D.A. Davidson & Co. is pleased to share that Brian Holland is rejoining the Equity Capital Markets group as a Managing Director, Senior Research Analyst covering Food & Beverage.

D.A. Davidson & Co. announced today that it has served as exclusive financial advisor to Vizlib, a UK-based software company that builds powerful visual analytics products for Qlik Sense users, in its sale to insightsoftware.

Please replace the release dated August 15th, 2023, with the following corrected version due to multiple revisions.

D.A. Davidson & Co. is pleased to announce that it has further strengthened its Fixed Income Capital Markets group with the addition of Dan Fiandaca, managing director, Brokered CD Underwriting.

D.A. Davidson & Co. is pleased to announce the hiring of Glen Sulam, Kevin DeThomas, and Alex Gamache by the Equity Capital Markets group. Following the addition of Head of Equities Liam Healy in March 2023, this expansion demonstrates D.A. Davidson’s focus on institutional research and becoming the preeminent full-service middle-market investment bank.

D.A. Davidson & Co. announced today that it served as financial adviser to Maverick Environmental Equipment, LLC (“Maverick”) on its sale to Grand Equipment Company, LLC (“Grand”), a portfolio company of Cognitive Capital Partners, LLC (“Cognitive”). Headquartered in Alma, Michigan, Maverick is a leading regional dealer and distributor of critical infrastructure and environmental equipment, parts and service.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to FlutterHabit (or the “Company”) in its sale to Gauge Capital. Based in Lenexa, Kansas, FlutterHabit is a leading direct-to-consumer eCommerce provider of premium beauty products. The Company’s highly differentiated eyelash extensions are available in a variety of styles and are primarily sold online as well as in select retail stores. The Company has been at the forefront of providing salon quality lash and brow products to the consumer in a DIY format since 2019.

D.A. Davidson & Co. is pleased to announce that Dan Friedman, Managing Director and a senior leader in the Consumer Investment Banking Group has been tasked to lead the firm’s Food & Beverage investment banking practice. During a career spanning nearly 20 years, Friedman has executed more than 70 transactions representing over $20 billion in transaction value, with experience advising clients across the broader consumer landscape.

D.A. Davidson & Co. today announced survey results revealing that more than three-quarters of Americans (77%) report that inflation is impacting, or will impact, their ability to save enough money for retirement – a significant increase from 64% surveyed in April 2022.

D.A. Davidson & Co. announced today that it served as the exclusive financial advisor to Manhattan Toy and its parent company H Enterprises International, in the sale of Manhattan Toy to Crown Crafts (NasdaqCM: CRWS). Based in Minneapolis, Minn., Manhattan Toy is a leading creator of developmental toys for early childhood with a 45-year heritage of bringing joy to children and parents. Its award-winning portfolio includes more than 500 products across multiple categories, including toys, dolls, plush products, games, and books.

D.A. Davidson & Co. today released its fourth annual The Herd report featuring the top 100 privately-held software technology companies based in the U.S. and globally, largely falling within D.A. Davidson’s core areas of expertise: application software, infrastructure and security software, vertical software, and financial technology. These private companies were selected based on growth, market awareness, scale, capitalization, strategic positioning, and other proprietary analytics generated by D.A. Davidson.

D.A. Davidson & Co. is pleased to announce that veteran equities professional Liam Healy has joined the Equity Capital Markets Group as Head of Institutional Equities. Based in Chicago, Healy will oversee Research, Sales & Trading, Corporate Access, Corporate Services, and the Davidson Expert Network. Healy has over 30 years of institutional equity experience on Wall Street, including most recently at William Blair & Company, where he was a Partner and led the New York institutional equity sales group.

D.A. Davidson & Co. is pleased to announce that Clinton Miyazono has joined as a Managing Director in the Debt Advisory Group in the Chicago office, where he will be responsible for expanding the group’s Midwest footprint and national coverage initiatives.

D.A. Davidson & Co. announced today that it has served as the exclusive financial and strategic advisor to Etrading Software on the significant investment it received from LDC, the private equity and debt instrument arm of Lloyds Banking Group.

D.A. Davidson & Co. announced today that it served as the exclusive financial advisor to SunFed Ranch on its merger with Teton Waters Ranch, a portfolio company of Sunrise Strategic Partners and Armonia, creating Grass Fed Foods, LLC (GFF). GFF immediately becomes the nation’s largest grass-fed beef platform and the foremost outlet for grass-fed beef products, bringing together SunFed Ranch, a Woodland, Calif.-based leader in prime cuts and grinds, and industry pioneer Teton Waters Ranch, based in Denver, Colo., which offers a highly complementary portfolio of grass-fed beef products.

D.A. Davidson & Co. announced today the opening of two new wealth management offices in Winston-Salem and Greensboro, North Carolina, bringing two advisors and their client associate to the firm. The professionals, who were previously affiliated with Truist, bring extensive financial services experience to the firm’s growing footprint in the Southeast and collectively oversee over $456MM AUM.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to IronRod Health (IronRod), an Arizona-based innovative remote health monitoring platform, on its investment from HCAP Partners. Since its founding in 2016, IronRod has helped more than 20,000 patients receive dedicated care from their providers beyond the four walls of the practice. The company has three main remote monitoring revenue lines, all focused on the cardiology space. IronRod combines trained technicians with state-of-the-art software to offer a complete healthcare solution that sends actionable insights to healthcare providers. The company also delivers billing and alert reports directly to EMR as well as helps establish efficient workflows for their providers’ practices.

D.A. Davidson & Co. announced today its continued investment to broaden its capital markets capabilities with new hire Josh Nolan as a Managing Director in the Equity Capital Markets Group. Josh will focus on origination and execution in the Financial Institutions and Financial Technology industries. He will be based in the New York office.

D.A. Davidson & Co. announced today that Peter J. Winter has joined D.A. Davidson’s Institutional Research Group as a Managing Director and Senior Research Analyst to lead stock coverage of regional banks. D.A. Davidson’s Financial Institutions Group includes four senior analysts covering over 113 banks. D.A. Davidson has long been a leader in the Financial Institutions sector with a strong focus on banks.

D.A. Davidson & Co. announced today that it has served as the exclusive financial advisor to ThoughtFocus, on its growth investment from H.I.G. Capital, a leading global private equity and alternative assets investment firm with $52 billion of equity capital under management.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Eskola Roofing & Waterproofing (Eskola) on its majority recapitalization with Eagle Merchant Partners (Eagle). Eskola is a commercial roofing contractor with four Tennessee locations, Knoxville, Nashville, Morristown, and Memphis, and a fifth location in Lexington, Kentucky.

D.A. Davidson & Co. announced today that it has served as the exclusive strategic and financial advisor to ConnexPay on its $110 million Series C capital raise led by FTV Capital and with participation from existing investors Panoramic Ventures and F-Prime. In December 2021, D.A. Davidson advised the company on its Series B capital raise with Marqeta (NASDAQ: MQ).

D.A. Davidson & Co. today announced survey results revealing that only one in three (34%) adult Americans has an estate plan. Of those who do have an estate plan, 20% have not updated their plan in the last five years. 72% of women do not have an estate plan compared to 59% of men.

D.A. Davidson & Co. announced today that it has served as the exclusive strategic and financial advisor to Global IQX, a leader in insurance procurement and automated employee benefits technology, on its sale to Majesco, a global company that provides cloud insurance software solutions for insurance business transformation.

D.A. Davidson & Co., an employee-owned financial services firm that offers wealth management, investment banking, equity research and fixed income capital markets services, announced today the appointment of Rory McKinney as President of Equity Capital Markets, succeeding Monte Giese, who is retiring. McKinney will become the third President of Equity Capital Markets in D.A. Davidson’s 87-year history. He will report to Larry Martinez, Chief Executive Officer of D.A. Davidson Companies. His appointment became effective October 1, 2022.

D.A. Davidson & Co.’s Special District Group, a nationally recognized team of capital market professionals, has achieved the single largest C-PACE financing ever closed in the United States. The financing marks the completion of the capital stack necessary for the continued development of Black Desert Resort, the iconic, amenity-rich, 580-acre world-class commercial and residential resort community in southern Utah.

D.A. Davidson & Co. today announced that it will hold its 21st Annual Diversified Industrials & Services Conference in Nashville, Tenn., September 22-23, 2022. The conference will consist of company presentations, analyst led fireside chats, 1-1 meetings, interdisciplinary panel discussions, and a variety of networking activities.

D.A. Davidson & Co. announced today that it served as financial adviser to Kerr Industries Limited (Kerr) on its sale to Safe Fleet Acquisition Corp. (Safe Fleet), a portfolio company of Oak Hill Capital. Headquartered in Oshawa, Ont., Kerr is the premier North American specialty vehicle upfitter and converter of law enforcement and emergency vehicles.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to leading trading card marketplace PWCC Marketplace, LLC, together with its affiliates PWCC Services, LLC and PWCC Vault, LLC (collectively PWCC) on a new $175 million asset-backed credit facility (the Financing) led by WhiteHawk Capital Partners, LP as sole lead arranger and book runner and Wingspire Capital LLC serving as revolver agent.

D.A. Davidson & Co. announced today that it served as financial adviser to LaFata Contract Services (LaFata), a portfolio company of IMB Partners, on its merger with Anser Advisory, a portfolio company of Sterling Investment Partners. Founded in 2001 by Mike LaFata, LaFata is an established provider of project management and construction management services to gas and electric utilities in Delaware, Illinois, Maryland, New Jersey, Pennsylvania, and Washington, D.C.

D.A. Davidson & Co. announced today that it has enhanced its Fixed Income Capital Markets capabilities with the hiring of veteran financial professionals D.L. Auxier, Managing Director, Whole Loan Trading; Bryan Perlmutter, Senior Vice President, Whole Loan Sales; and Natalie Hofmeister, Associate Vice President, Transaction & Operations Manager, Whole Loans.

D.A. Davidson & Co. announced today that it served as financial adviser to Sensor Systems, Inc. on its sale to HEICO Electronic Technologies Group, a division of the HEICO Corporation (NYSE:HEI and NYSE:HEI.A). Chatsworth, Calif.-based Sensor Systems is one of the world’s leading designers and manufacturers of airborne antennas for commercial and military applications. Recognized as an international standard for many of its antennas, Sensor Systems’ products include, among others, aircraft direction finding (ADF), altimeter, glideslope, global positioning system (GPS), L-band, marker beacon, satellite communications, total collision avoidance system (TCAS), very high frequency (VHF) and very high frequency omni-directional range (VOR) antennas. Sensor Systems’ antennas are found on nearly all large commercial transport aircraft built in the past 50 years, along with numerous business and military aircraft.

D.A. Davidson & Co. announced today that Sokol Cano has joined as a Managing Director to lead its Paper & Packaging practice. Sokol represents the firm’s most recent hire in its Investment Banking Group, and is a testament to its continued investment to broaden its Diversified Industrials capabilities. Sokol will serve clients in rigid, flexible, and corrugated packaging, labels, packaging distribution, contract packaging and manufacturing, pulp and paper, and commercial printing sub-verticals. He will be based in New York.

D.A. Davidson & Co. announced today that it has served as the exclusive financial advisor to Heartland AG Systems, Inc. and its affiliates (Heartland). Heartland is the largest CASE IH Application Equipment distributorship in North America and one of the leading national distributors for sprayer parts and accessories to co-operatives and farm service providers. Titan Machinery, Inc. (NASDAQ:TITN) sells and services agricultural and construction equipment in the U.S. and Europe. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment.

D.A. Davidson & Co. is pleased to announce that Nick Ramtin has joined as a Managing Director in the Financial Sponsors Group, where he will be responsible for further developing the financial sponsor coverage platform, with a focus on broadening and deepening relationships with middle-market private equity firms in the Midwest and on the West Coast.

D.A. Davidson & Co. is pleased to announce that Amar Singh has joined as a Director in the Diversified Industrials Investment Banking Group in the Atlanta office. His primary focus will be on the Commercial and Residential Services sector, which includes business process outsourcing, human capital management, facilities services, residential services, security services, staffing, and other outsourced services. In addition, he will assist the team with expanding our broader services coverage efforts.

D.A. Davidson & Co. announced today its continued investment to broaden its Technology Investment Banking Group with the addition of Jonathan Lejuez as Managing Director. Jonathan will focus on serving clients in the infrastructure management software and cyber security sectors and various sub-segments.