Ascendiant Expands Investment Banking Division With Five Managing Directors

IRVINE, Calif., March 10, 2015 /PRNewswire/ -- Ascendiant Capital Markets, LLC announced today the expansion of its Investment Banking Division with the addition of five Managing Directors. Ascendiant has for over a decade provided corporate finance services to emerging growth companies and securities trading services to institutional and accredited investors, both of which are supported by the firm's strong equity research division. The addition of these experienced investment bankers materially strengthens Ascendiant's capabilities for Mergers & Acquisitions and for private company capital raises.

The Managing Directors joining Ascendiant have closed more than 250 M&A and corporate finance transactions over a broad range of industries. Their deep experience, averaging over 20 years each, has focused on privately owned businesses with revenues in the $20 million to $200 million range for M&A transactions and smaller emerging growth companies for corporate finance transactions. Additionally, the Managing Directors have experience as senior executives managing and operating businesses with up to 500 employees in a variety of industries. The Managing Directors joining Ascendiant are Paul Fejtek, Dr. Christopher Gayde, Gary Gooderum, William Peck and Avi Suriel. Biographical information for each can be found on Ascendiant's website at www.ascendiant.com.

"We are very pleased to have these investment bankers join Ascendiant, bringing a vast amount of experience and expertise to our firm, and strengthening our Investment Banking Division," said Bradley J. Wilhite, Managing Partner. "The strategic potential of combining our team's private company expertise with Ascendiant's public company focus is truly significant. We're thrilled to be joining a great organization and partnering with such high quality individuals," added Paul Fejtek speaking on behalf of the newly added group.

Ascendiant Capital Markets, LLC is a broker-dealer registered with the United States Securities and Exchange Commission (SEC), and is a member of the FINRA and SIPC. Ascendiant is based in Irvine, California and has offices in New York City and Palm Beach Gardens, Florida. For more information, please visit www.ascendiant.com or contact Bradley J. Wilhite, Managing Partner, 949.259.4949 or [email protected].

This announcement is for informational purposes only and does not constitute a solicitation or offer to buy or sell any securities or other financial instrument or to provide any investment advice or service.

SOURCE Ascendiant Capital Markets, LLC

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