MidCap Advisors Opens Boston Office, John Parnell Named Managing Director

NEW YORK, Jan. 4, 2011 /PRNewswire/ -- MidCap Advisors, LLC, a New York City-based mergers and acquisitions advisory firm, announced today the addition of John Parnell as a Managing Director. Mr. Parnell will be responsible for MidCap's new Boston office and will lead MidCap's Education Group.

"We are very pleased that John has joined the MidCap Team," said Doug Hendrickson, Partner and Co-Founder of MidCap Advisors. "John's work ethic, down-to-earth style, and tremendous experience in the education sector make him a valuable addition to our firm."

For over 10 years, Mr. Parnell has worked with companies in all areas of the for-profit educational space including advising clients in the corporate and professional education and training, for-profit K-12, career school, educational publishing, educational technology, language, and post-secondary education sectors. Mr. Parnell's former clients include leading education-related companies including Rets Tech Center, Javelin Learning Systems, Inc., Madison Media and Antonelli Institute, among others. Mr. Parnell's current clients include private companies seeking liquidity events as well as many of the major education companies and private equity firms looking for acquisitions.  

"John is extremely well-connected in the education sector and has a long track record of delivering great results for his clients," said John Poppe, a Partner and Co-Founder of MidCap Advisors. "We could not have found a better person to lead MidCap's Education Practice Group."

"I am very happy to be a part of MidCap Advisors. I look forward to growing our education practice and working with a top-notch group of professionals," said Mr. Parnell.

MidCap Advisors specializes in providing small and mid-size companies with mergers and acquisitions services, capital raising, business valuations, and strategic advice. With offices in New York, Chicago, San Francisco, Philadelphia, Kansas City, Charlotte, Charleston and now Boston, MidCap is strategically located to serve clients nationwide.

This press release was issued through eReleases(R).  For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.

SOURCE MidCap Advisors, LLC

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