Last month, I attended NAHB’s midyear meeting in Miami and had the pleasure of sitting in on a presentation by Daniel Swift, president and CEO of Des Moines-based architecture group BSB Design.
Zelman & Associates adds David Platt, expands Advisory & Capital Markets Practice
Zelman & Associates announced today that David Platt has joined the firm as Managing Director. With over 15 years of investment banking experience in M&A and financing transactions for a wide range of private, public and sponsor backed companies, Mr. Platt joins Zelman with responsibility to expand its Advisory & Capital Markets practice.
Zelman & Associates announced today that David Platt has joined the firm as Managing Director. With over 15 years of investment banking experience in M&A and financing transactions for a wide range of private, public and sponsor backed companies, Mr. Platt joins Zelman with responsibility to expand its Advisory & Capital Markets practice. Previously, Mr. Platt was responsible for spearheading Middle Market M&A at Deutsche Bank. Prior to that, Mr. Platt held senior M&A positions at Bank of America and Citigroup. He started his investment banking career at Donaldson, Lufkin & Jenrette.
“David brings additional breadth and experience to the firm and is known for providing reasoned advice and hands on execution that is valued by our clients,” said Ivy Zelman, CEO. “Given the long-awaited housing recovery, we are committed to being a trusted partner to our clients offering independent advice to support their strategic and capital raising needs leveraging our deep industry knowledge and relationships.”
Mr. Platt joins Tony McGill who has overseen the growth of the Advisory & Capital Markets practice, which has completed in excess of $500 million of M&A and capital markets transactions and in 2011 was recognized as the #1-ranked investment bank to private builders and developers. Mr. McGill said: “We are seeing increasing activity and wide ranging transaction interest, and I am looking forward to working with David as we expand our coverage efforts. Our recent role advising CamWest Development in its sale to Toll Brothers is notable as it represented one of the largest private builder sales in several years and is illustrative of returning confidence and activity in the sector.”
“The advisory practice is well-positioned for growth and enjoys a reputation for serving our homebuilding, building products and real estate clients with integrity and rigorous analysis,” said David Zelman, President. “Our performance in 2011 shows the trust placed and success achieved on behalf of our clients and we look forward to expanding the scale and capabilities of the practice.” Mr. Platt said: “I am delighted to be joining Zelman. The industry depth, relationships and reputation of the firm is simply exceptional. I look forward to working with the advisory team to fulfill the Zelman client commitment of trusted advice to meet their long-term objectives.”
About Zelman & Associates
Zelman & Associates leverages extensive industry experience, unparalleled industry contacts and rigorous financial analysis to deliver proprietary research to leading global institutional investors across multiple asset classes and sectors. Zelman provides clients timely, unique and data intensive research, including proprietary monthly surveys of executive-level leaders throughout the apartment, banking, building products, homebuilding, home improvement, land development, mortgage, non-residential construction and single-family rental industries.
Founded in 2007 by veteran equity research analyst, Ivy Zelman, Zelman & Associates produces extensive macro and company-specific research, including coverage of 34 individual stocks. Ivy Zelman and her research team have been consistently recognized by Institutional Investor, Greenwich Associates, StarMine and The Wall Street Journal for their industry-leading analysis. For more information about Zelman & Associates, please visit www.zelmanassociates.com.