MINNETONKA, Minn., July 9, 2014 /PRNewswire/ -- The Cherry Tree Companies announced today the appointment of James P. Dolan as a Managing Partner in the company's investment banking unit, Cherry Tree & Associates.
Dolan, who will be based at the company's Carlson Center headquarters, will focus on building Cherry Tree's growing practice in information services and business information clients as well as expanding its existing coverage of the media sector.
"I am excited to join Cherry Tree and its impressive professional team," Dolan said. "We've had a long history together and I am eager to contribute to Cherry Tree's very strong growth. Great things are happening here and I am pleased to be a part of it."
The move was announced by Gordon Stofer, President and Managing Partner of Cherry Tree & Associates.
"We have known Jim for over 25 years, during which he proved himself to be a tremendous business builder and one of the most accomplished and professional CEOs we have ever known," Stofer said. "We are excited about working alongside Jim as he helps us grow our M&A practice. The fact that he completed 76 acquisitions and two dozen divestitures while at The Dolan Company provides a solid foundation for further M&A transactions at Cherry Tree."
Until last March, Dolan was chairman, president and chief executive officer of The Dolan Company, a leading provider of professional services and business information to the legal, financial and real estate sectors. He founded the company with Cherry Tree in 1992.
Previously, Dolan was executive vice president of a New York-based boutique investment bank specializing in media; a partner in a Chicago media M&A investment bank; and was employed by News Corp. for 12 years, the last three running its corporate development New Media Group in New York. He began his career as a reporter and editor of several metropolitan daily newspapers in Texas.
For 34 years the Cherry Tree Companies, founded by Tony Christianson and Gordon Stofer, have served entrepreneurially led and managed companies with a variety of highly targeted professional services.
Cherry Tree & Associates is Minnesota's eighth-largest broker-dealer investment bank providing strategic and M&A advisory services to middle-market firms. Its private placement team works with dynamic management teams and boards of directors to attract growth and expansion capital. It also provides fairness opinions and other valuation services. The investment bank's senior professionals have strong records of M&A achievement as presidents and CEOs of operating companies, partners of private equity firms, and leaders in corporate M&A.
- More information about the Cherry Tree Companies is available at www.cherrytree.com.
For more information, contact:
Gordon Stofer, [email protected], 952.253.6033
Jim Dolan, [email protected], 952.253.6012
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SOURCE Cherry Tree Companies
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