M&A Advisory drives significant growth; Firm continues investments in key industries, Europe, Equity Capital Markets, Debt Advisory
CHICAGO, Jan. 21, 2016 – Baird, an employee-owned, international financial services firm, today announced that for the third year in a row it has posted record results for its Global Investment Banking business. Highlights for the year include:
- Generated record revenues following previous record revenue years of 2013 and 2014;
- Set new firm records in virtually every M&A advisory category - total revenue, number of closed deals, number of closed sell-side deals and total transaction volume;
- With our increasing focus on growth sectors, over half of Baird's 2015 equity capital raising activity was in Healthcare, Consumer and Technology & Services;
- Increased debt advisory activity by 70%;
- Added top talent across product areas, geographies and industry areas, expanding to a global team of nearly 275 bankers; and
- Expanded the global footprint, particularly in Europe, where staff levels have grown nearly 30% in the past year.
"Through teamwork and innovation, talent and hard work, we were able to deliver many great outcomes on behalf of our clients in 2015," said Brian McDonagh, Co-Head of Baird's Global Investment Banking business. "We recognize that all of this success comes from our tremendous partnerships with our clients, which are centered on trust. Those relationships, plus our deep talent and global capabilities, enable us to continue posting strong results year-over-year. We thank our clients for their trust and look forward to serving them in the future."
Brian Doyal, Co-Head of Baird’s Global Investment Banking business, added, "Our deal pipeline is at record levels; we’ve invested in top talent across our global platform; we are optimistic about how we’re positioned for future. We believe we have the right capabilities, the right strategies and – above all – the right people to achieve even more growth and success in the years ahead."
About Baird Global Investment Banking
Baird is a leading global investment bank focused on the middle market. Approximately 275 investment banking professionals in the U.S., Europe and Asia provide corporations, entrepreneurs, private equity and venture capital firms with in-depth market knowledge and extensive experience in merger and acquisition, debt advisory and equity financing transactions. Since 2010, Baird has completed 354 advisory transactions representing more than $90 billion in transaction value and 523 financings raising $144 billion.
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 3,200 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $152 billion in client assets. Committed to being a great place to work, Baird ranked No. 5 on FORTUNE’s 100 Best Companies to Work For in 2015 – its 12th consecutive year on the list. Baird's principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. Robert W. Baird Limited and Baird Capital Partners Europe Limited are authorised and regulated by the Financial Conduct Authority. For more information, please visit Baird’s Web site at rwbaird.com.
For additional information, contact:
Baird Public Relations