DALLAS–(BUSINESS WIRE)–D.A. Davidson & Co. is pleased to share that its Investment Banking division has hired Tim Ludwick as Managing Director, bolstering the firm’s Capital Advisory Team and Financial Sponsors Group.
With over 10 years of financial sponsors experience, Ludwick joins D.A. Davidson from Citizens Capital Markets, where he played a pivotal role in developing, managing, and institutionalizing relationships with sponsors to successfully execute M&A and financing opportunities. He led middle market sponsor coverage efforts across the Midwest, the Southern half of the U.S., the West Coast, and parts of the Northeast.
“Investing in our Financial Sponsors Group is a core strategic initiative for us, as this team works closely with our industry bankers to create trusted partnerships with financial sponsors and deliver robust deal coverage,” said Rory McKinney, President of D.A. Davidson Equity Capital Markets. “Tim will be a strong addition to the group.”
Prior to Citizens Capital Markets, Ludwick worked for BMO Capital Markets, Greene Holcomb Fisher, and SunTrust Robinson Humphrey. He received his Bachelor of Business Administration and Master of Business Administration in Finance from the Terry College of Business at the University of Georgia.
“With his experience leading middle market sponsor coverage, I am confident that Tim’s work will better position us to deliver high-quality middle market deal flow and impeccable execution,” commented Yaron Redlich, Head of the Financial Sponsors Group at D.A. Davidson. “Now with 13 bankers on the Capital Advisory Team, we are one of the largest groups on the Street focusing on middle market financial sponsors.”
D.A. Davidson Investment Banking is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 29 states.
Subsidiaries include D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.
For more information, visit dadavidson.com.
