Lazard Middle Market Loses Pair (Updated)

Bill Sharpe and David Santoni have left Lazard Middle Market. Sharpe was a managing director and COO, while Santoni was a managing director. Calls to Lazard Middle Market for comment were not returned.

Update: Prestwick Partners has announced that Santoni is joining as a partner. Here is the press release:

Prestwick Partners, LLC (“Prestwick”) is pleased to announce the hiring of David Santoni as a new partner of the firm.

Mr. Schulz commented on the new addition to Prestwick, “David’s hiring at Prestwick Partners is a reunion of sorts as Fritz and I worked with David at Goldsmith Agio Helms (now Lazard Middle Market) between 1995 and 2000. We are excited to be teaming up again and expect our business to grow as we capitalize on David’s leadership in the private equity community.”

Mr. Richards added, “David has spent the last seven years forming strong relationships among private equity groups in the middle market as the head of Lazard Middle Market’s financial sponsor group. David is known throughout the private equity world as a professional that gets deals done and as an advisor that utilizes his extensive network of buyers to accomplish his clients’ goals and objectives.”

Mr. Santoni joined Goldsmith Agio Helms in 1996 and most recently served as the head of Lazard Middle Market’s financial sponsors group. During his 14-year tenure at Lazard Middle Market, Mr. Santoni advised numerous clients on the firm’s most high profile transactions. Prior to joining Goldsmith Agio Helms, Mr. Santoni practiced law with the international law firm of Skadden Arps in Toronto. Mr. Santoni advised Canadian public and private companies on numerous cross-border transactions, including public and private equity and debt financings and mergers and acquisitions. Mr. Santoni previously spent several years with the Cleveland-based law firm of Thompson Hine, focusing in the areas of mergers and acquisitions and corporate finance.

Mr. Santoni received a J.D. from Case Western Reserve University School of Law in Cleveland, Ohio, and his B.A. in mathematics from the University of St. Thomas.