Birmingham-based Hudson Avenue Partners, an advisory firm specializing in designing, structuring, and raising debt and equity capital facilities in the middle market, has announced its launch. The firm began operations in late 2020.
The firm focuses on placement engagements requiring committed capital of $25 million to more than $250 million in support of acquisition, refinancing, and recapitalization transactions across various industry sectors.
The company was founded by Ryan Deegan and Kelly Stotler, both investment banking and capital markets professionals. Deegan was the head of the debt advisory group for Cowen, which has offices in Germany, Switzerland, Birmingham, and Minnesota.
Stotler led private equity-focused private credit efforts for North Carolina’s Capitala Group and Czech Asset Management in Connecticut. Collectively, Deegan and Stotler have raised and invested more than $30 billion of debt and equity capital for clients throughout their careers.
“We could not be more excited about the launch and early momentum of the Hudson Avenue platform,” says Deegan, a company partner. “As an independent firm exclusively focused on raising debt and minority equity capital, we have been able to deliver a level of execution and degree of senior-level attention rivaled by few in the middle market.”
So far, the firm’s work includes advising Bloomfield Hills-based Vision Growth Partners on a refinancing for platform investment Alline Salon Group as well as Bloomfield Hills’ Wireless Vision on its recapitalization led by Gemspring Capital.