P&M Corporate Finance in Southfield today announced it has combined with Denver, Colorado’s EKS&H Capital Advisors. Both companies are middle-market investment banking firms. Terms of the transaction were not disclosed.
PMCF provides coverage of the United States from its offices in Chicago and Southfield but has been less active in the western U.S. EKSHCA brings a strong presence in the Rocky Mountain region and the western U.S. with an office in Denver and clients and contacts across the West. Both firms will have better geographic coverage of the country and globally through PMCF’’s ownership and leadership in Corporate Finance International through the combination.
“We are excited to combine with EKS&H Capital Advisors, augmenting our deal expertise, national presence, and industry capabilities,” says Phil Gilbert, president of PMCF. “We share a similar client philosophy and deal approach – one that focuses on the client at every stage. We complement each other and are thrilled about the ability to better serve our clients and to reach broader audiences. Most importantly, we’re gaining colleagues who share our values and culture.”
PMCF has advisory teams and industry expertise in plastics, packaging, aerospace and defense, industrial distribution, automotive, medical technology, consumer, retail, and business and technology services. EKSHCA’s investment banking team has expertise in technology, food and beverage, construction, and manufacturing.
“We look forward to this exciting new chapter that combining with PMCF means for not only us, but for our clients. We share core tenants: laser-like focused client service, deep industry expertise, and expert transaction capabilities,” says Adams Price, president of EKS&H. “This combination is an example of where the whole is worth more than the sum of its parts, as it advances our collective capabilities to serve a broader geographic audience across more industries and our greater combined M&A expertise will benefit our clients.”
The transaction coincides with the announcement by Plante Moran that it would combine with EKS&H, a CPA firm. Plante Moran, based in Southfield and Detroit, is one of the nation’s largest accounting, tax, and consulting firms. PMCF and EKS&H Capital Advisors are affiliate entities of Plante Moran and EKS&H, respectively. The PMCF and EKSHCA transaction is slated to close Oct. 1.