Kroll Expands Investment Banking Services
Kroll has announced a significant enhancement to its investment banking platform with the launch of a new Equity Capital Markets Advisory practice. This initiative follows their acquisition of Locust Hill Advisors and is set to broaden Kroll's capabilities for clients involved in various equity capital market transactions.
Leadership and Expertise
At the helm of this newly established practice is David Galper, the founder and managing partner of Locust Hill. With over twenty-five years in investment banking and capital markets, Galper has built a reputation as a leading expert in IPO advisory. His past engagements include prominent firms such as Jefferies and Deutsche Bank, where he has successfully managed over 100 equity offerings and M&A mandates.
Focus on Client Needs
David Galper expressed his enthusiasm in joining Kroll, emphasizing the firm's strong technical expertise and commitment to providing top-tier strategic counsel. He highlighted the aim of the practice to assist sponsor-backed and family-owned businesses in navigating IPO processes and maximizing opportunities in subsequent equity offerings. Galper believes Kroll is the ideal platform to expand these services and to support clients seeking to access public markets effectively.
Comprehensive Advisory Services
Kroll's investment banking division encompasses a wide range of services designed to guide clients through complex market landscapes. These services include M&A advisory, valuation, due diligence, and compliance, addressing critical aspects of corporate finance. The addition of the Equity Capital Markets Advisory service springs from Kroll's commitment to innovation and delivering tailored solutions to enhance client outcomes.
Market Insights and Opportunities
Josh Benn, the Global Head of Kroll's Investment Banking practice, noted the growing optimism within the IPO markets despite ongoing economic challenges. He expressed excitement about the launch of the new advisory service under Galper's leadership, believing that it would strengthen Kroll’s position as a premier advisory firm. The new practice is expected to play a crucial role in meeting evolving client demands amidst changing market conditions.
About Kroll's Legacy and Values
Kroll has established itself as the leading independent provider of risk and financial advisory solutions, leveraging extensive insights, data analytics, and advanced technology. With a workforce of over 6,500 professionals, Kroll brings nearly a century of expertise in risk management, governance, and valuations. Their commitment to fostering strong client relationships and delivering intelligence-driven solutions positions them as a trusted partner across various industries.
Frequently Asked Questions
What is Kroll's new service?
Kroll's new service is the Equity Capital Markets Advisory practice, which aims to assist clients in IPOs and other equity capital transactions.
Who leads Kroll's Equity Capital Markets Advisory practice?
David Galper, founder of Locust Hill Advisors, leads Kroll's new Equity Capital Markets Advisory practice.
What experience does David Galper bring?
David Galper brings over 25 years of investment banking experience, having worked at notable firms like Jefferies and Deutsche Bank.
What services does Kroll's investment banking platform provide?
Kroll's investment banking services include M&A advisory, valuation, compliance, due diligence, and equity capital markets support.
Why is the IPO market significant now?
The IPO market is showing growth even in challenging economic conditions, indicating potential opportunities for businesses looking to go public.
