Chicago-based Verit Advisors promoted John Solimine to managing director from principal. Solimine leads debt capital markets efforts at the firm, which advises middle-market businesses on transactions and strategic alternatives.
Verit Advisors® has promoted John Solimine to Managing Director from Principal effective immediately. Verit Advisors unites sophisticated middle market investment banking capabilities with a client centric boutique, fluent in ESOPs, debt capital markets, mergers and acquisitions, valuation services and board advisory expertise. Integrity, teamwork, service, and innovation are at the heart of the organization, as Verit strives to provide unparalleled advice and custom solutions to its clients.
Mary Josephs, Founder and CEO commented, “John has been with Verit® from the beginning and has exhibited extraordinary acumen, teamwork, and leadership. John leads Verit’s Debt Capital Markets’ efforts and does an outstanding job serving our clients with integrity and excellence.”
Solimine has over 15 years of experience in investment banking and debt capital markets, particularly with middle market companies and private equity sponsors in succession and liquidity transactions.
He began his career at LaSalle Bank (now Bank of America) providing debt financing alternatives such as the structuring, underwriting, and portfolio management of senior credit facilities in connection with leveraged buyouts, recapitalizations, and growth financings for leading middle market private equity funds and their portfolio companies.
Solimine’s investment banking experience was broadened at Bear Stearns & Co. and Jefferies & Company, Inc. executing a wide array of transactions across several industry groups and product verticals including leveraged finance, M&A as well as public and private equity offerings. John developed significant debt capital markets experience with middle market private equity sponsors through high yield, bank, and mezzanine debt offerings in connection with acquisition financings.
About Verit Advisors
Mary Josephs founded Verit Advisors in 2009 and has nearly three decades of experience in the world of corporate finance. Josephs and her team are considered to be the foremost experts in ESOP transactions and middle market strategic alternatives.