Gunflint Capital has launched as a new boutique I-bank based in Edina, Minnesota. It is run by Bill Cavanagh, who previously was a principal with Counsel Funding Partners and a vice president with Bayview Capital.Â
PRESS RELEASE
Bill Cavanagh, a seasoned investment banker with over 20 years of M&A experience, launched a new boutique investment bank called Gunflint Capital Inc., based in Edina, Minnesota. www.gunflintcapital.com.
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Recognizing that nearly 8 million U.S. Baby Boomers who own businesses will exit their companies within the next 10 years, Gunflint was established to assist with the planning and execution of successful business transitions and sales in this niche market. Gunflint is especially well-suited to assist established, profitable companies who produce positive cashflow, measured by EBITDA (earnings before interest, taxes, depreciation and amortization), between $1 million and $5 million.
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Before founding Gunflint Capital, Cavanagh was a principal with Counsel Funding Partners (Edina, MN) and a Vice President of Bayview Capital (Wayzata, MN). Cavanagh also served as a corporate development executive at ValueVision Media (ShopNBC) and Communications Systems Inc. Cavanagh has an affinity for entrepreneurial growth-oriented businesses, having founded, built and sold his own catalog retail business called Fine Art Impressions, which maintained a storefront at the Mall of America.
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