DALLAS, April 25, 2013 /PRNewswire/ -- Esposito Securities, a financial services firm based in Dallas, Texas, announced the launch of its Investment Banking division. Esposito Securities is a fast-growing, technology-driven global broker/dealer. The new division will provide transaction-based investment banking advisory and services to global middle market companies across an array of industries generating revenues between $20 and $500 million with EBITDAs greater than $5 million. The firm's CEO Mark Esposito, as well as recently added Scott Sims, Steve Helland and Jared Behnke, will lead the division.
"I am exceptionally pleased with our progress since starting our Investment Banking group only a few short months ago," said Mark Esposito, CEO of Esposito Securities. "We have already closed over $125 million in transactions and have over $100 million teed up. We will continue to hire seasoned and proven investment bankers that trust in our brand and want to help grow an investment banking practice over the long-term."
Esposito Investment Banking has put together a team of highly-knowledgeable professionals to deliver the firm's core investment banking products and services, including mergers and acquisition facilitation and advisory, asset sales, divestitures, and debt and equity offerings. The main objective of the group is to provide client-tailored creative solutions to all of its clients
"Esposito Securities is an established brand, and I look forward to leveraging its client centric franchise in providing tailored solutions and services to our investment banking clientele within the middle market," said Scott Sims, who spearheaded the new group. "The depth, quality, and reputation of Esposito Securities will only serve to enhance my ability to provide value to our diverse customer base."
Scott Sims has a proven track record and joins Esposito Securities after serving as Vice President at Allegiance Capital. Mr. Sims has spent his entire career working with middle-market companies across numerous industries. Jared Behnke also joins Esposito Securities after serving as Vice President at Allegiance Capital. Mr. Behnke has extensive experience on Wall Street, serving as an Associate Director with UBS Investment Bank in New York and working on a wide variety of transactions including mergers and acquisitions. Steve Helland has spent over 25 years on Wall Street in senior positions with ING Barings, Prudential Securities Capital Markets, and Salomon Brothers, Inc.
About Esposito Global
Esposito Global is the corporate brand for the Esposito family of financial services companies. Its businesses include Esposito Securities, Esposito Partners, and Esposito Private Equity Group. The firm's mission is to be the leading financial services provider through outperformance of competitors and exemplary service to its clients.
Esposito Securities, its core business, is a fast-paced, technology- drive global broker/dealer providing institutional trading services to a variety of different funds. The firm has a client base of registered investment advisors, hedge funds, mutual funds, ETFs, closed end funds and unit investment trusts with trillions of dollars in assets.
In addition to its portfolio of companies, Esposito Global operates its own non-profit organization: the Esposito Foundation, which distributes funds annually charitable to a group of non-profit organizations. For more information, visit www.espositoglobal.com.
SOURCE Esposito Securities, LLC