Articles from D.A. Davidson

D.A. Davidson MCF International announced that it served as exclusive financial advisor to Southworth International Group, Inc. (SIGI), a global provider of ergonomic material handling solutions, in its acquisition of Gruse Maschinenbau GmbH & Co., an established manufacturer of engineered industrial lifting solutions.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to EverLine Coatings and Services (“EverLine” or the “Company”), a leading commercial, asset-light services franchisor, on its strategic investment from Red Iron Group (“Red Iron”). EverLine Founder & CEO, John Evans, will continue to lead the Company through his ownership of the business.

D.A. Davidson announced today that it served as exclusive financial advisor to Air Power Systems Co. (“APSCO”), an industry-leading provider of hydraulic and pneumatic engineered products and solutions, in its sale to Ingersoll Rand (NYSE:IR), a global provider of flow creation and compression technologies. APSCO is a portfolio company of TGP Investments (“TGP”).

D.A. Davidson announced today that Jonathan Leong has joined the Consumer Investment Banking team as a Managing Director. This marks the third senior hire dedicated to Food & Beverage since April 2023.

D.A. Davidson, a nationally recognized team of capital market professionals, has successfully priced and closed $160 million of industrial development revenue and revenue refunding bonds for Bridger Aerospace, a Montana-based leading aviation service provider. The deal represents one of the largest taxable non-rated municipal ESG bonds in the nation.

D.A. Davidson announced today that it served as financial adviser to Timber Automation (Timber), a portfolio company of Blue Sage Capital, on its sale to USNR, a division of Wood Technologies International, a portfolio company of One Equity Partners. Timber’s roots date back to the early 1990s and throughout its 30-plus years of industry experience, the company has expanded to become a leading provider of log & lumber equipment, optimization & controls and aftermarket parts for the wood processing industry. Timber operates out of three facilities, two in the southeast U.S. and one in eastern Canada.

D.A. Davidson welcomes four seasoned bankers focused on senior living and structured housing to its Fixed Income Capital Markets Group, a nationally recognized team of capital markets professionals consistently ranked among the top leaders in fixed income financing. Richard (Rick) Lohr joins the firm as managing director and head of Senior Living and Structured Housing, Amy Hayman and Romy McCarthy come on board as managing directors and Ogieva Guobadia, CFA joins as senior vice president.

D.A. Davidson’s Special District Group, a nationally recognized team of capital market professionals, has successfully priced and closed approximately $70MM of senior and subordinate bonds for Riverwalk Metropolitan District (MD) No. 2 in Glendale, Colorado.

D.A. Davidson’s Special District Group, a nationally recognized team of capital market professionals, has successfully priced and closed $30 million of special assessment bonds for Cutalong II Community Development Authority (CDA). The financing will fund the installation of public infrastructure improvements serving a mixed-use master planned golf resort community known as Cutalong at Lake Anna, encompassing approximately 1,000 acres in Louisa County, Virginia.

D.A. Davidson welcomes two vice presidents to its Special District Group, a nationally recognized team of capital market professionals focused on financing public infrastructure for land development through the issuance of municipal bonds. Tim Morzel and Andrew Wheeler join the Special District Group on the heels of the firm’s notable growth trajectory as it welcomed two senior vice presidents and a vice president in July 2021 to support the increase in demand for special district financing solutions across the Intermountain West, particularly in Colorado, Utah and Idaho.

D.A. Davidson announced today that it served as exclusive financial advisor to NH Research (NHR), a leader in high power test and measurement applications such as electric vehicles and batteries, in its sale to NI (Nasdaq: NATI), a test measurement company providing tailored, software-connected systems to engineers and enterprises. The transaction closed on October 19, 2021.

D.A. Davidson is pleased to announce the company’s Special District Group has priced $24 million of tax-exempt bonds in the second-ever limited property tax Public Infrastructure District (PID) financing in Utah.