finance news

Revere Securities takes over NorthStar to continue rapid expansion

Revere Securities takes over NorthStar to continue rapid expansion
Revere Securities takes over NorthStar to continue rapid expansion

Broker-dealer firm Revere Securities has recently acquired NorthStar Investment Banking, a boutique investment bank.

This deal has been entered to allow the investment banking company to offer its clients access to a larger umbrella organization of Revere, which can conduct high-value transactions globally, all with the same boutique approach and exceptional client service.

For those unversed, NorthStar marks the third company Julien Meyer, Managing Director, has successfully exited. Following the agreement, he will now be joining the team at Revere as an Executive Director, Management Banking. Apart from Meyer, other key NorthStar executives joining the financial planner include Matthew Davis as Senior Analyst and James Sackey as VP of Investment Banking.

According to Meyer, NorthStar has been emphasizing the development of a scalable business since its inception around 5 years back, while working with best-in-class advisory, investment banking, and law firms to deliver high caliber transaction and due diligence services to mid-level businesses and entrepreneurs.

Through the partnership, the investment bank is looking forward to advancing its services while leveraging the opportunity to expand alongside Revere’s powerhouse team and operation, Meyer added.

As per the statement made by Arthur DeFilippo, Banking Principle of Revere, the team at the company has been actively looking to augment the execution team since it plans to continue rapid expansion, and NorthStar fits the bill.

The teams at both companies are also in a close relationship and have completed nearly a half-billion-dollar transaction, DeFilippo added. They are also thrilled to welcome Meyer and his team as well as their assets to support the banking group at Revere.

For the record, Meyer has notably introduced Startup Financial News, a top-ranked podcast that yielded above 20,000 subscribers; wrote and published the ‘First Money In’ book; and has been featured in multiple nationally recognized media outlets such as CNBC, Bloomberg, Orlando Business Journal, Ascent, MarketWatch, and Yahoo! Finance.

Source credit:

https://www.prnewswire.com/news-releases/revere-securities-llc-announces-acquisition-of-northstar-investment-banking-301546199.html

About the author

Meghna Singh

An English Literature graduate, Meghna Singh ventured into the profession of content development to incorporate her knack for writing articles across verticals including technology, healthcare, business, and alike for News Origins and RunningAfrica. She has also completed her MBA in Tourism and worked as a content creator in the field of product development.