Lincoln International Promotes Five Bankers to Managing Director Position
CHICAGO, February 4, 2007 Lincoln International, a leading global mid-market investment bank, today announced the promotions of Sean Bennis, Chris Cerimele, Robert Horak, David Houser and Mike Iannelli from senior vice president to managing director, effective immediately. Combined, the group has more than 25 years of experience at Lincoln International.
These promotions are a major step in the continued growth of Lincoln International, said Jim Lawson, managing director and co-chairman of the firm. We are confident that the leadership and energy of these talented bankers will not only help expand our business in a variety of industries, but also will further define Lincoln International as a leading global mid-market M&A firm.
Bennis, 32, is one of Lincoln International's most tenured employees, having begun his career at Lincoln International more than 10 years ago as the bank's first analyst and sixth employee. Sean is active in the firm's Industrial Components and Systems group and has led the firm's analyst recruiting efforts in North America for the past eight years. He has worked on more than 75 transactions for Fortune 500, private equity and leading private company clients. Throughout his career, Sean has built deep experience within industrial manufacturing and value-added distribution sectors for companies serving growth end markets such as power generation, energy, infra-structure and process industries.
Cerimele, 37, is co-head head of the firm's global chemicals group and head of Chemicals for North America, where he focuses on assignments involving chemicals and specialty materials businesses. Cerimele has been with Lincoln International for more than five years. His clients include a wide range of companies based in Asia, Europe and North America. Immediately prior to joining Lincoln, he worked in the Global Industrials and Services investment banking practice of Credit Suisse First Boston (now Credit Suisse Group).
Horak, 39, is a senior officer in Lincoln International's private placements group, which focuses on advising corporate and private equity clients on the structuring and arranging of financing for acquisitions, leveraged buyouts, mergers and restructurings. Horak also advises clients on select merger and acquisition transactions and is active in the firm's fairness opinion and valuation practice. Prior to joining Lincoln International four years ago, Horak executed corporate finance transactions for leading mid-market lenders including Heller Financial's Corporate Finance Group and GE Commercial Finance.
Houser, 42, is active as a senior officer in the firm's consumer and food and beverage industry groups in North America. He has led the emergence of Lincoln International as a leading mid-market investment bank within these industries, leading and completing more than 25 transactions for public corporations, private companies and private equity groups in his seven years at Lincoln. Mr. Houser has worked as an investment banker for 15 years. Previously, as the Vice President of Corporate Development for a publicly-traded company, Houser led and completed acquisitions in the specialty finance industry. He has also marketed and led the completion of both cross-border and domestic structured finance deals ranging in transaction size up to $1 billion. Houser began his career working in positions of increasing responsibilities for an internationally recognized public accounting firm.
Iannelli, 40, is co-head of Lincoln International's business services industry group in North America. He joined Lincoln International three years ago with extensive experience in providing mergers and acquisitions advisory services, raising public and private capital and buying and investing directly in mid-market companies. Previous to Lincoln International, Iannelli specialized in business services companies at the private equity firm, Svoboda, Collins LLC, and as an M&A advisor at William Blair & Co.
Individually, each of the newly promoted managing directors has shown excellence in sourcing and leading deals, and has developed solid industry or product expertise, said Rob Barr, managing director and president for North America of Lincoln International. With their promotions, our team is stronger than ever and will continue to deliver superior service to our mid-market clients across the globe.
About Lincoln International
Lincoln International specialises in merger and acquisition services, private capital raising, and providing fairness opinions and valuations for leading organisations involved in mid-market transactions. With offices in Chicago, Frankfurt, London, Los Angeles, New York, Paris and Vienna and strategic partnerships with China Everbright and other partner firms in Asia, Lincoln International has strong local knowledge and contacts in the key global economies. The organisation provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
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