NEW YORK, Aug. 1, 2016 /PRNewswire/ -- Centerview Partners, a leading independent investment banking and advisory firm, announced today that Stuart Smith and Michael Muntner have joined the firm's New York office as partners in the healthcare practice.
Messrs. Smith and Muntner have advised on many of the most important transactions in the healthcare industry, especially in healthcare services. They have particular expertise in managed care, hospitals, PBMs / specialty pharmacy, distribution, CROs, clinical labs, alternate site providers and physician outsourcing and have worked together for almost 20 years. Mr. Smith brings over 30 years of healthcare banking experience to Centerview and was most recently the Global Head of Healthcare Investment Banking at Credit Suisse. Mr. Muntner brings almost 20 years of healthcare banking experience and was most recently the Co-Head of Americas Healthcare Investment Banking at Credit Suisse.
"We are delighted to have Stuart and Michael join us. They have a philosophy of building client relationships that perfectly aligns with Centerview's focus on building long-term partnerships with clients and assisting them across the broad spectrum of strategic and financial matters," said Blair Effron, co-founder of Centerview.
"We look forward to having Stuart and Michael join Centerview's industry leading healthcare platform. With the addition of Stuart and Michael's healthcare services franchise, our premier positioning will span the full spectrum of healthcare banking," added Robert Pruzan, co-founder of Centerview.
"Centerview is a leading investment banking and advisory firm, with an exceptional focus on serving clients' strategic needs and a strong record of involvement in industry defining transactions. We hope to help build on this terrific foundation," said Mr. Smith.
"We are very excited about the prospect of working with the outstanding team at Centerview and to be joining a great group of healthcare partners, including colleagues Alan Hartman, Mark Robinson, Eric Tokat, Richard Girling and Cathal O'Reilly," said Mr. Muntner.
Messrs. Smith and Muntner have advised on three of the five largest healthcare services deals ever, including Anthem's $54 billion pending acquisition of Cigna, Express Scripts' $34 billion acquisition of Medco and HCA's $33 billion sale to financial sponsor consortium. Collectively, Messrs. Smith and Muntner have advised on other notable transactions, including Community Health's $8 billion acquisition of HMA and $7 billion acquisition of Triad Hospitals, Anthem's $5 billion acquisition of Amerigroup, Amil's $5 billion sale to UnitedHealth, Carlyle and H&F's $4 billion acquisition of PPD, PSS World Medical's $2.1 billion sale to McKesson, Harvard Drug's $1.1 billion sale to Cardinal Health, Aetna's long-term strategic PBM agreement with CVS Health, Helios's sale to Optum, KKR's acquisition of PRA Health Sciences, Genzyme's $20 billion sale to Sanofi and Zimmer's $13 billion acquisition of Biomet.
About Centerview Partners
Centerview Partners, based in New York, and with offices in London, Los Angeles, Palo Alto and San Francisco, operates an international investment banking advisory practice specializing in independent advice and other client services capitalizing on the experience of its principals. The firm provides senior-level counsel to both domestic and international clients and its business includes general and M&A advisory as well as restructuring.
Since its founding in 2006, the firm has advised clients on over $1.5 trillion in transactions. Members of the firm have experience in a range of industries including the consumer products, financial services, food and beverage, entertainment and media, general industrial & chemicals, healthcare, technology, telecommunications, restructuring, retail, and utilities sectors. Among the more than 30 transactions valued at over $1 billion on which the firm advised over the past 12 months, notable examples include: SABMiller on its pending $104 billion merger with Anheuser-Busch, Time Warner on its $79 billion merger with Charter Communications, Kraft on its $58 billion merger with Heinz, GE on its disposition of approximately $200 billion of GE Capital assets, Pharmacyclics on its $21 billion sale to AbbVie, Newell Rubbermaid on its $20 billion acquisition of Jarden, Johnson Controls on its pending $16.5 billion acquisition of Tyco, Mylan on its pending $9.9 billion acquisition of Meda, Pfizer on its $5.2 billion acquisition of Anacor, DreamWorks on its pending $3.8 billion sale to Comcast, TE Connectivity on its $3.0 billion sale of its Broadband Network Solutions business unit to CommScope, Xerox on its pending separation of its Document Technology and Business Process Outsourcing businesses, and restructuring advice to creditors of Midstates Petroleum and Endeavor International.
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SOURCE Centerview Partners