A group of investment bankers, who were previously associated with Barrington Associates, have launched a new advisory firm named Intrepid Investment Bankers, which will be headquartered in Los Angeles, California.
In their prior roles as principals at Barrington Associates, the Intrepid team built Barrington Associates into a well recognized middle market M&A adviser in the US, before its acquisition by Wells Fargo in 2006.
Intrepid’s senior professionals include longtime Barrington Associates veterans Jim Freedman, Mike Rosenberg and Ed Bagdasarian. Joining as partners are Gary Rabishaw, Adam Abramowitz and Jeremiah Mann, each of whom worked for over a decade at Barrington Associates.
Collectively, this team has advised on over 250 transactions spanning a diverse cross section of industries, including consumer products and services, industrial manufacturing, healthcare products and services, building products, business services and retail, among others.
Intrepid’s services will include M&A advisory, equity and debt capital raising and providing strategic advice in complex securities transactions. The firm will focus on the middle market corporate finance needs of entrepreneur and family-owned businesses, private equity sponsors and major corporations.
Mr Rosenberg said: “We are excited to return to our independent, middle market heritage. We feel there is a large requirement in the middle market for high caliber, senior level M&A advisory services, particularly on the West Coast. With deep experience, an extensive network of contacts and the proven ability to execute, the Intrepid team represents a powerful resource for business owners.”
Mr Freedman said: “As entrepreneurs and business owners ourselves, we understand the unique dynamics facing privately held companies and therefore approach every situation with custom tailored solutions. This approach led to exceptional results for our clients for over 25 years at Barrington and we are confident clients will continue to find value when working with Intrepid.”