Solomon Partners
| Company type | Private |
|---|---|
| Industry | Investment banking |
| Founded | 1989 |
| Founder | Peter J. Solomon |
| Headquarters | New York City , United States |
Area served | United States (New York City, Chicago, Miami) |
| Products | Advisory services in mergers and acquisitions, divestitures, restructurings, recapitalizations, SPAC transactions, capital markets |
| Parent | None |
| Website | www |
Solomon Partners, previously known as PJ Solomon or the Peter J. Solomon Company, operates as an independent American investment banking firm based in New York City. The company specializes in providing advisory expertise across mergers and acquisitions, divestitures, restructurings, recapitalizations, SPAC transactions, and capital market activities.
History
Established in 1989 by Peter J. Solomon, Solomon Partners was one of the earliest private, independent investment banks on Wall Street during a period when most major institutions had transitioned to public ownership. The firm was created to embody the principles and culture characteristic of traditional privately held investment banks.
While its main office is located in New York City, Solomon Partners also has operational offices in Chicago and Miami.
In June 2016, then operating as PJ SOLOMON, the firm entered into a strategic partnership with Natixis, a French financial services company under Groupe BPCE, aimed at strengthening its global advisory and financing services in mergers and acquisitions.
The organization adopted the name Solomon Partners in September 2021.
Transactions
Solomon Partners delivers advisory services to a diverse range of industries including business services, consumer retail, industrials, financial sponsors, fintech, grocery, pharmacy, restaurants, healthcare, infrastructure, power and renewables, media, technology, and telecommunications sectors.
Key transactions handled by the firm include:
- Facilitating the $446 million acquisition of Nutraceutical International Corporation by private equity firm HGGC LLC.
- Managing the $1 billion recapitalization alongside the conversion sale of Save-A-Lot.
- Advising on Banijay’s purchase of Endemol Shine Group.
External links
- Official website
- M&A activity surpasses $2 trillion in record 2021. Fortune, June 2, 2021.
- Amazon and Walmart investing capital to lead retail and grocery sectors: M&A Advisor. Yahoo! Finance, June 21, 2021.
- PJ SOLOMON names Jon Hammack Global Head of Healthcare. GlobeNewswire, July 1, 2021.
- CVS and Walgreens capitalize on COVID-19 surge. The Wall Street Journal, June 18, 2021.
- Ward, Vicky. The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers. John Wiley & Sons, 2010.
- Kanter, Rosabeth Moss; Stein, Barry A.; Jick, Todd D. Challenge of Organizational Change: How Companies Experience It and Leaders Guide It. Simon & Schuster, 1992.