Defense and Aerospace Business
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D.A. Davidson & Co.
D.A. Davidson & Co. Acquires Investment Bank McGladrey Capital Markets
February 15th, 2012
D.A. Davidson & Co., a national full-service investment firm based in the Northwest, announced it has acquired McGladrey Capital Markets LLC (MCM), an investment banking firm headquartered in Costa Mesa, California. The acquisition will double the size of Davidson's investment banking group and expand its sector expertise in aerospace & defense, basic materials and packaging, food and beverage, infrastructure, industrials, energy services, and healthcare. No financial information was disclosed.
"We're extremely pleased to have McGladrey Capital Markets join the Davidson team as we continue to grow our national presence and broaden our industry focus," said Brad Gevurtz,...
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Source: Defense and Aerospace Business (2012-02-15)