CHICAGO, Aug. 3, 2016 /PRNewswire/ -- Stout Risius Ross, Inc. (SRR), a global advisory firm specializing in Investment Banking, Valuation & Financial Opinions, and Dispute Advisory & Forensic Services is pleased to announce that Todd Parsapour and Keith Sipes have joined as Managing Directors to lead the Energy and Technology, Media, and Telecom (TMT) Practices, respectively.
"I'm thrilled to add even greater depth to our team of industry experts. Todd and Keith have worked with some of the biggest and most dynamic companies in the Energy and TMT sectors. Our clients will benefit greatly from their unique perspectives, experiences, and relationships," said Nick Jachim, Managing Director and Head of Investment Banking at SRR.
Mr. Parsapour has close to 15 years of experience providing advice on a wide range of corporate finance transactions, including 12 years within the energy sector. Prior to joining SRR, Mr. Parsapour worked at Simmons & Company International in Houston, where he was a senior executive in the Energy Services & Equipment Corporate Finance Group and helped originate, execute and close more than 45 transactions totaling approximately $36 billion in aggregate transaction value. Mr. Parsapour provided a variety of corporate advisory and underwriting services including sell-side and buy-side advisory services, strategic reviews, fairness opinions, public and private equity and debt capital raises, and restructuring advisory services.
Mr. Sipes' experience spans a wide range of TMT sectors including broadcasting, cable, digital media & internet, ecommerce, entertainment, information services, media technology services, publishing, wireless, and video games. Mr. Sipes has spent more than 16 years providing strategic advisory and corporate financial services, including mergers, acquisitions, divestitures, joint ventures, restructurings, leveraged buyouts, recapitalizations, and equity and debt financings. He has successfully executed M&A transactions exceeding $70 billion in value and financing assignments representing more than $25 billion in value for both public and private companies.
"SRR has created a highly respected and diversified financial advisory platform with tremendous future growth opportunities. It's fantastic to be part of the SRR family and I'm excited to lead the firm's Technology, Media & Telecom industry practice," said Mr. Sipes.
"I'm excited to join such a fast growing and dynamic firm and to partner with SRR's other segments to continue to build the Energy Investment Banking practice," added Mr. Parsapour.
Mr. Sipes and Mr. Parsapour will work from SRR's Los Angeles and Houston offices, respectively.
About SRR's Investment Banking group
SRR's Investment Banking Group focuses on mergers, acquisitions, and capital raising for privately-held businesses, private equity portfolio companies, and public companies. SRR has significant experience assisting companies with evaluation of all available strategic and financial alternatives. Our clients and their advisors rely on our premier expertise, deep industry knowledge, and unparalleled responsiveness on complex financial matters. For more information, visit www.SRR.com, follow us on Twitter @StoutRisiusRoss, and/or connect with us on LinkedIn.
SRR is a trade name for Stout Risius Ross, Inc. and Stout Risius Ross Advisors, LLC, a FINRA registered broker-dealer and SIPC member firm.
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SOURCE Stout Risius Ross, Inc.