Bill Salus and Jeff Solomon announce the launch of Paddock Capital Markets, a fully registered investment banking transaction advisory firm for mid-market financial services firms. Bill Salus, who is also CEO & Founder of Paddock Consultancy, says that “Our new transaction advisory services completely complements our strategic advisory services delivered from Paddock Consultancy. We launch into the Fund Services markets, where we have been serving the global fund administration and fintech community for several years. Capital activity in that space has skyrocketed in recent years, seeing M&A and other capital transactions occur on a weekly basis. Many service providers look for help figuring out their strategic direction and, once they do, need support in executing on that direction. We can now work with our clients in determining their next step for growth as well and guide them through any transaction that fits their strategy. “
Jeff Solomon, with experience as an investment banker with Moelis & Co and Bank of America Merrill Lynch, agrees: “We now provide a full continuum of services for fund administrators and other services providers, a specialty that we don’t usually see in these markets. Being able to prepare and advise our clients on transactions, sets them up for greater success when they go to market for new investment partners, to acquire companies or to raise capital. A clear, disciplined approach to any transaction process starts early in any clients review of their strategic options, and ensures that the ultimate result is fair and optimal.”
Both Bill and Jeff share the same values and standards when it comes to any interaction with clients, particularly one that is so critical and important to the owners of these businesses. “Owner-Founders carry particular pride in the business they have built through the years, especially of their employees and clients they serve. When it comes down to making profound business decisions, these owners want to be sure that their life’s work is thoroughly carried through to the next stage of growth for their business and corporate family.”
But Paddock Capital Markets has its sights set on entering other markets, beyond fund services and fintech. Says Jeff: “With our collective experience across a broad number of market segments, we see similar opportunity in adjacent markets such as insurtech and software, as well as other verticals as healthcare and industrials.”