AUSTIN, Texas, Sept. 13, 2018 /PRNewswire/ -- Westlake Securities, LLC is pleased to announce that it has recently closed three capital placements and completed multiple advisory engagements. "The Memorial to Labor Day season was a busy time for us as we closed transactions, completed projects and helped clients take their companies to the next level," said Matt Andersen President & CEO of Westlake. "Overall we placed various forms of growth capital and advised multiple companies with combined annual revenue of over $425 million." Growth financing projects have been brisk, and Westlake continues to seek high quality, growing companies to advise in the verticals of: technology, industrial, financial services, consumer products, restaurant concepts and food services. Wilson Allen, co-founder of Westlake Securities added, "For companies looking to grow, merge or acquire – now is the time – the economy remains strong, interest rates are relatively low and capital is available."
The Westlake senior deal team completed multiple strategic advisory and feasibility studies for debt placements, equity capital raises and M&A related activities. "Working with clients to assess strategic opportunities is a vital component to what we do. As of 2018, there are nearly two times the number of companies backed by private equity than are publicly traded*, and the private equity markets are varied and often inefficient. Owners, founders and families that lead middle market companies need to understand their options both in the short run and long run - we help them do just that," said Andersen.
With multiple engagements in process, Westlake Securities anticipates a busy close to the year, and will look to launch additional capabilities in 2019.
About Westlake Securities, LLC
Westlake Securities is a middle market investment bank, founded in 2003, and headquartered in Austin, Texas. Westlake delivers superior execution and results to its clients with our deep transactional experience, comprehensive technical analysis and hands-on involvement of our senior professionals.
To learn more about Westlake Securities* please visit: www.westlakesecurities.com
Foot notes and disclosures:
*Milken Institute, 2018. Investment Banking Services and Securities offered through Independent Investment Bankers Corp., a broker-dealer, Member FINRA / SIPC. Westlake Securities is not affiliated with Independent Investment Bankers Corp.
SOURCE Westlake Securities, LLC