20 LOS ANGELES BUSINESS JOURNAL APRIL 6, 2015

THE LIST Ranked by number of Finra-licensed investment bankers in Los Angeles CountyINVESTMENT BANKS

NExT wEEKThe Largest Executive Search Firms in Los Angeles County

Rank Investment Bank• name

• address

• website

L.A. CountyEmployees• licensed

bankers

• total

Deal Volume• 2014 $ volume

(in millions)

• 2014 # of deals

Services Offered(partial list)

Industry Focus(partial list)

Profile• headquarters

• offices

(L.A./total)

Top Local Executive• name

• title

• phone

1Houlihan Lokey10250 Constellation Blvd., Fifth FloorLos Angeles 90067hl.com

107246

WND208

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring

aerospace, businessservices, consumer,energy, media,financial, health care

Los Angeles1/21

Scott BeiserCEO(310) 553-8871

2Moelis & Co.1999 Avenue of the Stars, Suite 1900Los Angeles 90067moelis.com

491

WNDWNDWND

M&A, restructuring, riskadvisory, capital markets,private fund advisory

consumer, financial,industrials, health care,natural resources, realestate, gaming, leisure

New York1/17

Kenneth D. MoelisCEO(310) 443-2300

3New Century Capital Partners1510 11th St., Second FloorSanta Monica 90401newcenturycap.com

4040

62515

M&A, fairness opinions, privatedebt and equity placements

technology, Internet/digital media, healthcare, clean tech

SantaMonica2/4

Mark J. SalterManaging Partner(310) 415-8177

4Imperial Capital2000 Avenue of the Stars, Ninth FloorSouthLos Angeles 90067imperialcapital.com

3279

WNDWND

M&A, fairness opinions,solvency opinions, restructuring

aerospace, businessservices, energy,consumer, financial,industrials

Los Angeles2/10

Randall WoosterCEO(310) 246-3700

5Duff & Phelps10100 Santa Monica Blvd., Suite 1100Los Angeles 90067duffandphelps.com

2572

15,64035

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring

consumer, health care,industrials, aerospace,real estate

New York2/80

Sherry CefaliManaging Director(424) 249-1650

6Cappello Group/Cappello Global100 Wilshire Blvd., Suite 1200Santa Monica 90401cappellocorp.com

2431

4,00035

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring

business services,consumer, energy,financial, health care,industrials

SantaMonica1/8

Alexander L. CappelloChairman, CEO(310) 393-6632

7Intrepid Investment Bankers11755 Wilshire Blvd., Suite 2200Los Angeles 90025intrepidib.com

2034

WNDWND

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring

business services,consumer, digitalmedia, technology,financial, health care

Los Angeles1/1

Eduard BagdasarianCEO(310) 478-9000

8NMS Capital433 N. Camden Drive, Fourth FloorBeverly Hills 90210nmscapital.com

1823

WNDWND

M&A, fairness opinions, privatedebt and equity placements,due diligence, restructuring,PIPE financing, EB-5

generalist Beverly Hills1/9

Trevor M. SalibaChairman, CEO(310) 855-0020

9FocalPoint Partners11150 Santa Monica Blvd., Suite 1550Los Angeles 90025focalpointllc.com

1519

N/AN/A

M&A, private debt and equityplacements, restructuring

consumer, industrial,health care,technology/media,business services

Los Angeles1/2

Duane Stullich/NishenRadia/Rajesh SoodManaging Partners(310) 405-7000

10Growthink Securities6033 W. Century Blvd., Suite 150Los Angeles 90045growthink.com/investment-banking

1515

2,00021

M&A, private debt and equityplacements, due diligence,restructuring

technology, retail Los Angeles1/3

James Turo/DavidLavinsky/Jeff JonesManaging Directors(800) 506-5728

11Salem Partners11111 Santa Monica Blvd., Suite 1070Los Angeles 90025salempartners.com

131

WNDWNDWND

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence

aerospace anddefense, life sciences,media andentertainment

Los Angeles1/2

Trevor BohnManaging Director(310) 806-4200

12B. Riley & Co.11100 Santa Monica Blvd., Suite 800Los Angeles 90025brileyco.com

1246

1,47521

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring

WND Los Angeles1/6

Thomas Kelleher, CEOBryant Riley, Chairman(310) 966-1444

13Diamond Capital Advisors1875 Century Park East, Suite 1220Los Angeles 90067diamondcapadvisors.com

1215

WNDWND

M&A, private debt and equityplacements, PIPE financing,consulting for exit strategies,preparation for financing

manufacturing,distribution, businessservices, media, healthcare, technology

Los Angeles1/1

David J. HermanManaging Partner(310) 432-8575

14Sage Group11111 Santa Monica Blvd., Suite 2200Los Angeles 90025sagellc.com

12WND

WNDWND

M&A, capital formation branded consumer,including apparel,retail, personal care,food & beverage

Los Angeles1/1

Mark VidergauzCEO(310) 478-7899

15Lincoln International633 W. Fifth St., Suite 6650Los Angeles 90071lincolninternational.com

1114

N/A10

M&A, fairness opinions, privatedebt and equity placements,restructuring, valuations

industrials, aerospaceand defense, businessservices, consumer,health care

Chicago1/16

Chris PetrossianManaging Director(213) 283-3700

16Trinity Capital11755 Wilshire Blvd., Suite 2450Los Angeles 90025trinitycapitalllc.com

1114

1,50030

M&A, private debt and equityplacements, restructuring,valuations

restaurant, food/agriculture, generalist

Los Angeles1/2

Kevin T. BurkeManaging Director(310) 268-8330

17Greif & Co.633 W. Fifth St., 65th FloorLos Angeles 90071greifco.com

1016

WNDWND

M&A, fairness opinions, privatedebt and equity placements,due diligence, restructuring,strategic and financial advisory

consumer, industrial,technology, healthcare, food, aerospace,entertainment/media

Los Angeles1/1

Lloyd GreifCEO, President(213) 346-9255

18Spartan Group39 E. Union St.Pasadena 91103spartantsg.com

8WND

WNDWND

M&A, fairness opinions, privatedebt and equity placements,PIPE financing

metals/transportation,food and beverage,retail and brandedconsumer products

Pasadena1/3

John JohnsonManaging Director(626) 204-6376

19William and Henry Associates1901 Avenue of the Stars, Second FloorLos Angeles 90067williamhenryassociates.com

77

WNDWND

M&A, strategic and financialadvisory

manufacturing,distribution, consumerproducts, consumerservices, health care

Los Angeles1/2

David J. IanniniPresident(310) 461-1355

20First Beverage Advisors11150 Santa Monica Blvd., Suite 1425Los Angeles 90025firstbeveragegroup.com

7WND

WNDWND

M&A, private debt and equityplacements

beverage andbeverage-relatedcompanies

Los Angeles1/3

Nicole FryManaging Partner(310) 481-5100

1 Information from Finra filings.N/A - Not Applicable Note: The information on this list was provided by representatives ofthe companies themselves. Investment banks are ranked by the number of FINRA-licensedbankers and the number of employees in L.A. County offices, respectively. To the best ofour knowledge, this information is accurate as of press time. While every effort is made toensure the accuracy and thoroughness of the list, omissions and typographical errors

sometimes occur. Please send corrections or additions on company letterhead to theResearch Department, Los Angeles Business Journal, 5700 Wilshire Blvd., Suite 170, LosAngeles 90036. ©2015 Los Angeles Business Journal. This list may not be reprinted inwhole or in part without prior written permission from the editor. Reprints are availablefrom the YGS Group, (800) 290-5460 ext. 100.

Researched by David Nusbaum

THE PACESETTER: Houlihan Lokey is the largest investment bank operating in Los Angeles County. The Century City-based firm has 107 Finra-licensed investment bankers working in its Century City office. The company provides services for mergers and acquisitions, capital markets, financial restructuring and valuations. Earlier this year, the firm acquired strategic consulting firm Bridge Strategy Group and opened an office in Sydney.

1

EXPANSION: B. Riley & Co. is now part of publicly traded B. Riley Financial Inc., which was formed through a combination of the B. Riley companies and publicly traded Woodland Hills company Great American Group Inc. The resulting company changed its name to B. Riley Financial Inc. in November and its stock symbol to “RILY.”

0

120

240

360

480

600

Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60

Location DollarsThird quarter average asking rents by submarket for Class A office property.

Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%

Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2

Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55

Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5

’10 ’11 ’12 ’13 ’14

$3.5

3.1

2.7

2.3

1.9

1.5

Market Rebound

2010 2011 2012 2013 2014

’10 ’11 ’12 ’13 ’14

4,600

4,500

4,400

4,300

4,200

4,100

4,000

4,578

4,456

4,289

4,146

4,068

Shaking Out

2010 2011 2012 2013 2014

’08 ’09 ’10 ’11 ’12 ’13 ’14

$3.5

3.1

2.7

2.3

1.9

1.5

631

622

630

636

637

Deal VolumeThe dollar volume of global M&A deals by year. (in trillions)

Source: Bloomberg News

12

Continued on page 22

20-22_list_investmentbanking.ind20 20 4/2/2015 4:56:19 PM

22 LOS ANGELES BUSINESS JOURNAL The LisT APRIL 6, 2015

Continued from page 20iNVesTMeNT BANKs

Rank Investment Bank• name

• address

• website

L.A. CountyEmployees• licensed

bankers

• total

Deal Volume• 2014 $ volume

(in millions)

• 2014 # of deals

Services Offered(partial list)

Industry Focus(partial list)

Profile• headquarters

• offices

(L.A./total)

Top Local Executive• name

• title

• phone

21Generation Equity Advisors8560 W. Sunset Blvd., Suite 500West Hollywood 90069generationequityadvisors.com

610

4008

M&A software, IT services,internet and digitalmedia

Los Angeles1/3

Aaron T. SolganickCEO(310) 684-3130

22Clear Capital Advisors15260 Ventura Blvd., Suite 1060Sherman Oaks 91403clearcapitaladvisors.com

69

WNDWND

M&A, private debt and equityplacements, strategic advisory,ESOPs

business services,technology, digitalmedia, entertainment,health care

ShermanOaks1/2

Bruce PompanManaging Director(818) 377-3500

23Park Lane2029 Century Park East, Suite 437Los Angeles 90067prkln.com

518

5829

M&A, fairness opinions,solvency opinions, private debtand equity placements, duediligence, restructuring

sports teams, leagues,businesses

Los Angeles1/5

Andrew W. KlineManaging Director(310) 201-8496

24McCafferty & Co.2029 Century Park East, Suite 1140Los Angeles 90067mccaffertyco.com

56

WNDWND

M&A, restructuring media and technology Los Angeles1/1

Colin McCaffertyManaging Partner(310) 551-4040

25Deloitte Corporate Finance350 S. Grand Ave.Los Angeles 90071investmentbanking.deloitte.com

51

WNDWNDWND

M&A, fairness opinions, privatedebt and equity placements,ESOP corporate finance

business services,consumer products,financial services, lifesciences, health care

Charlotte,N.C.1/4

Kevan FlaniganNational ManagingDirector(213) 688-0800

26Siemer & Associates1333 Second St., Suite 600Santa Monica 90401siemer.com

412

WNDWND

M&A, private debt and equityplacements

digital media andsoftware

SantaMonica1/3

David Siemer/DanielChen/Ivan NikkhooManaging Directors(310) 861-2100

27Wedbush Securities1000 Wilshire Blvd.Los Angeles 90017wedbush.com

4WND

WNDWND

M&A, fairness opinions, privatedebt and equity placements,IPO underwriting, PIPEfinancing

consumer, industrialgrowth, life sciencesand technology

Los Angeles16/102

Jonathan HoweManaging Director,Investment Banking(213) 688-8000

28NewCap Partners Inc.5777 W. Century Blvd., Suite 1135Los Angeles 90045newcap.com

3WND

WND3

M&A, fairness opinions, privatedebt and equity placements,restructuring

technology, aerospace,specialty materials,water

Los Angeles1/3

Tom TurneyManaging Principal(310) 645-7900

29Roth Capital Partners11100 Santa Monica Blvd., Suite 550Los Angeles 90025rothcp.com

3WND

WNDWND

IPO underwriting, PIPEfinancing

business services,consumer, health care,cleantech, technologyand media

NewportBeach1/5

Russ NudelmanVice President(800) 991-2788

30Riverbrook Capital11611 San Vicente Blvd., Suite 715Los Angeles 90049riverbrookcap.com

11

WND2

M&A, fairness opinions, privatedebt and equity placements,restructuring

industry agnostic Los Angeles1/1

Thomas A. TurpinManaging Partner(310) 826-9600

1 Information from Finra filings.N/A - Not ApplicableNote: The information on this list was provided by representatives of the companies

themselves. Investment banks are ranked by the number of FINRA-licensed bankers andthe number of employees in L.A. County offices, respectively.

Researched by David Nusbaum

has sold

to

has been sold to

has been sold to

led the recapitalization of

fromfrom

Moorad Sports Partners

has sold

to

has been sold to

an affiliate of

0

120

240

360

480

600

Regional Malls $4.15Lifestyle Centers 3.02Power Centers 2.87Neighborhood Ctrs. 2.33Single Tenant Bldgs. 2.05Strip Malls 1.60

Location DollarsThird quarter average asking rents by submarket for Class A office property.

Westside $3.73Downtown 3.15Tri-Cities 2.86Hollywood 2.78Santa Clarita 2.42Valley 2.27 Strip Malls 9.3%

Neighborhood Ctrs. 7.9Power Centers 7.5Lifestyle Centers 5Single Tenant Bldgs. 3.5Regional Malls 3.2

Central L.A. $0.50Mid-Counties 0.47North Los Angeles 0.55San Gabriel Valley 0.42South Bay 0.55

Central L.A. 4.6%Mid-Counties 5.0North Los Angeles 5.0San Gabriel Valley 5.5South Bay 5.5

’10 ’11 ’12 ’13 ’14

$3.5

3.1

2.7

2.3

1.9

1.5

Market Rebound

2010 2011 2012 2013 2014

’10 ’11 ’12 ’13 ’14

4,600

4,500

4,400

4,300

4,200

4,100

4,000

4,578

4,456

4,289

4,146

4,068

Shaking Out

2010 2011 2012 2013 2014

’08 ’09 ’10 ’11 ’12 ’13 ’14

$3.5

3.1

2.7

2.3

1.9

1.5

631

622

630

636

637

Deal TargetsGlobal M&A transactions by industry.

10%Industrial

10%Energy

Source: Bloomberg News

22%Financial

27%Consumer

17%Communications

14%Other

20-22_list_investmentbanking.ind22 22 4/2/2015 4:56:28 PM