COSTA MESA, Calif., Feb. 5, 2008 (PRIME NEWSWIRE) -- RSM EquiCo Capital Markets LLC, a global investment bank, reports that 2007 was another strong year for the firm, with 47 completed transactions and the generation of $1.7 billion in liquidity for its clients.
"2007 witnessed many milestones for the firm," said Hector J. Cuellar, president. "We closed the 200th deal in our brief history and have now created more than $5 billion in liquidity for our clients. We completed our first transaction involving an Indian buyer. And we continue to solidify our position as a major player in middle-market investment banking."
Following are among the firm's 2007 achievements:
* Closed 47 deals and created $1.7 billion in liquidity for its clients. * Increased its average deal size to $35 million, compared to $31.7 million in 2006...and $19.7 million as recently as 2004 -- a 44 percent increase in just three years. * Reached a milestone in October with the closing of its 200th deal. Since completing its first transaction in 2001, the firm has created over $5 billion in liquidity for its sell-side clients. * Expanded its presence in Asia, which included Cuellar's well publicized visits to Singapore, China and India. The firm also completed its first transaction involving an Indian buyer with Batliboi Ltd's acquisition of Quickmill, Inc. * Hosted its second annual Domestic Buyers Symposium, which attracted executives from some 45 private equity groups with collective access to $50 billion in unlevered capital and ownership of more than 700 portfolio companies. * Hosted its second annual Government Services Conference in partnership with RSM McGladrey's Government Contracting Group and McGladrey & Pullen. The conference focused on industry issues ranging from new small business recertification regulations and their impact on the sector to ongoing foreign and private equity investment in U.S. companies. * Hosted an International Buyer Symposium in Amsterdam that was attended by senior level executives from some of Europe's most prominent companies.
"We are very excited about our continued progress in 2007, and are looking forward to improving our position in 2008," said Cuellar.
About RSM EquiCo Capital Markets
RSM EquiCo Capital Markets LLC (www.rsmequico.com) is a global provider of investment banking services to private and public companies with annual revenues of up to $1 billion. The firm's services include mergers, acquisitions, divestitures, recapitalizations, capital raising and fairness opinions. RSM EquiCo Capital Markets, which offers in-depth expertise in 12 distinct industry sectors, brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives.
RSM EquiCo Capital Markets is affiliated with RSM McGladrey Inc., one of the nation's largest providers of business and tax consulting, wealth management, retirement resources and payroll services to midsized companies. The firm's international headquarters are located in Costa Mesa, Calif. It also has offices in Chicago, Boston, New York and London.
RSM EquiCo Capital Markets is licensed by the SEC and all state securities authorities, and is a member of FINRA and SIPC.