Solomon Partners Explained

Solomon Partners
Type:Private Company
Industry:Investment Banking
Location City:1345 Avenue of the Americas
New York City
Location Country:U.S.
Num Employees:150 - 200

Solomon Partners, previously known as PJ Solomon and/or Peter J. Solomon Company, is an independently operated American investment bank and financial services company headquartered in New York City. Solomon Partners advises on mergers, acquisitions, divestitures, restructurings, recapitalizations, SPACs and capital markets.

History

Solomon Partners was founded in 1989 by Peter J. Solomon. It was one of the first private independent investment banking firms on Wall Street. Originally, nearly all investment banks were privately held; by the time of the creation of Solomon Partners, most of the larger investment banks had gone public. The motivating idea behind the creation of Solomon Brothers was that it would "mirror the ethos and culture" of the original privately held investment banks.[1]

Solomon Partners is headquartered in New York City and has additional offices in Chicago and Miami.

In June 2016, Solomon Partners (at the time known as PJ SOLOMON) entered into an alliance with Natixis, a French financial services firm owned by Groupe BPCE, to expand its global M&A advisory and financing platform.[2]

In September 2021, the company changed its name to Solomon Partners.[3]

Transactions

Solomon Partners' practices cover a number of investment verticals including business services, consumer retail, industrials, financial sponsors, financial services and fintech, grocery, pharmacy, restaurants, healthcare, infrastructure, power, renewables, media, technology, and telecommunications.

Solomon Partners was involved in these notable transactions:

External links

. The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers. John Wiley & Sons. 2010. 978-0-470-54086-2. Hoboken, NJ. registration. Vicky Ward.

. Challenge of Organizational Change: How Companies Experience It and Leaders Guide It. Kanter, Stein, and Jick. . New York: Simon & Schuster. .

Notes and References

  1. News: Wall Street: Back to the old school . Financial Times . 14 July 2009 . July 14, 2009.
  2. Web site: SOLOMON. PJ. 2019-01-22. PJ SOLOMON Celebrates 30th Anniversary with Corporate Rebrand and New Website. 2021-10-03. GlobeNewswire News Room. fr.
  3. Web site: Partners. Solomon. 2021-09-27. PJ SOLOMON Renames as Solomon Partners. 2021-10-03. GlobeNewswire News Room. en.
  4. Web site: Nutra ingredients-usa.com . Nutraceutical International sold for $446 million . May 22, 2017.
  5. Web site: Save A Lot Announces Successful Completion of Business Recapitalization . Business Wire . 3 April 2020 . April 3, 2020.
  6. Web site: Banijay Group completes acquisition of Endemol Shine . S&P Global Market Intelligence . July 3, 2020.