C.W. Downer & Co.
Industry | Investment banking |
---|---|
Predecessor | C.W. Downer & Co., Downer & Company |
Founded | 1975 |
Founder | Charles W. Downer |
Fate | Merged to form Alantra, 2016 |
Headquarters | Boston, Massachusetts, United States |
Products | Mergers & Acquisitions |
Number of employees | 345 |
Website | www.alantra.com |
C.W. Downer & Co. was a Boston-based global investment bank specializing in comprehensive middle-market M&A advisory services. The firm assists both strategic and private equity clients with acquisition, divestiture, and capital raising assignments.
C.W. Downer & Co. was founded in Boston, Massachusetts, in 1975 and has additional offices in Dublin, Frankfurt, Madrid, Mumbai, Oslo, Paris, Shanghai, and Sydney.[1] The firm is named for company founder Charles W. Downer and operated as Downer & Company until a rebranding effort was completed in 2008.
In 2016, C.W. Downer & Co. merged with the Spanish firm N+1 Group.[2][3] The combined company is now called Alantra.
History
[edit]Charles W. Downer founded C.W. Downer & Co. in 1975 to provide cross-border merger and acquisition advisory services with a primary focus on middle-market company ($20–500 million) transactions. In 1980, the firm opened its first international office in Paris. It later established offices in Sydney, Dublin, Frankfurt, Shanghai, Madrid, Oslo, and Mumbai.[4]
In April 2008, the firm changed its name from Downer & Company to C.W. Downer & Co. The firm trademarked its tagline, “Because the middle-market is global,” with the United States Patent and Trademark Office.[5]
Charles W. Downer was awarded the Association for Corporate Growth's 2010 Lifetime Achievement Award.[6]
On April 27, 2016, C.W. Downer & Co. completed its previously announced merger[7] with N+1, a global investment bank and asset management firm headquartered in Madrid, Spain. In addition to M&A advisory, N+1 offers debt advisory, restructuring, and equity and debt capital market services. The combined entity employed 240 investment banking professionals across 14 offices in 13 countries. The company was renamed N+1 Downer.[8]
On September 26, 2016, N+1 Downer became Alantra.[8] With this decision, the partners of the 19 countries and different businesses did away with brands that existed from 15 to 40 years, including N+1, Downer, Swiss Capital, Daruma, and Dinamia. Alantra's 57 partners and 345 professionals operate from 25 global offices.[9]
References
[edit]- ^ "Company Overview of C.W. Downer & Co". Bloomberg Businessweek. October 28, 2015.
- ^ "Boston investment bank acquired by larger Spanish firm". www.bizjournals.com. Archived from the original on 2016-06-05. Retrieved 2020-01-23.
- ^ "C.W. Downer to Join Forces with N+1 Through Highly Strategic Merger". www.businesswire.com. 2015-11-24. Retrieved 2020-01-23.
- ^ 2003 M&A Awards - M&A Advisor Archived 2015-10-25 at the Wayback Machine
- ^ United States Patent & Trademark Office
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2010-12-03. Retrieved 2010-06-16.
{{cite web}}
: CS1 maint: archived copy as title (link) - ^ "Boston investment bank C.W. Downer acquired by larger Spanish firm N+1 Group - Boston Business Journal". Boston Business Journal. Retrieved 2016-05-19.
- ^ a b "N+1 Downer becomes ALANTRA and opens Stockholm office". Alantra. September 28, 2016. Retrieved May 3, 2018.
- ^ ALANTRA. "N+1 and C.W. Downer become ALANTRA". www.prnewswire.com (Press release). Retrieved 2016-10-06.
External links
[edit]- Former investment banks of the United States
- American companies established in 1975
- Financial services companies established in 1975
- Banks established in 1975
- Financial services companies disestablished in 2016
- Banks disestablished in 2016
- 2016 mergers and acquisitions
- Companies based in Boston
- 1975 establishments in Massachusetts
- 2016 disestablishments in Massachusetts
- American companies disestablished in 2016