Intrepid Investment Bankers LLC has launched as a Los Angeles-based, mid-market M&A advisory. Its principals previously were with Barrington Associates, which was acquired by Wells Fargo in 2006.
The founding partners are pleased to announce the launch of Intrepid Investment Bankers LLC (“Intrepid”), a new advisory firm headquartered in Los Angeles, California. The Intrepid team brings over 100 years of mergers and acquisitions (“M&A”) advisory experience from their prior roles as principals at Barrington Associates, a firm that they built into a leading national middle market M&A advisor before its acquisition by Wells Fargo in 2006.
Intrepid’s senior professionals include longtime Barrington Associates veterans Jim Freedman, Mike Rosenberg and Ed Bagdasarian. Joining as Partners are Gary Rabishaw, Adam Abramowitz and Jeremiah Mann, each of whom worked for over a decade at Barrington Associates. Collectively, this senior team has advised on over 250 transactions spanning a diverse cross section of industries, including consumer products and services, industrial manufacturing, healthcare products and services, building products, business services and retail, among others.
Intrepid’s services will include M&A advisory, equity and debt capital raising and providing strategic advice in complex securities transactions. The firm will focus on the middle market corporate finance needs of entrepreneur and family-owned businesses, private equity sponsors and major corporations.
Select notable transactions executed and led by Intrepid’s professionals include the take private of Herbalife International Inc., the sale of Pacific Architects and Engineers Incorporated, the sale of the Los Angeles Kings Hockey Team, the recapitalization of RSI Home Products, Inc., the sale of Polk Audio and the sale of Manhattan Beachwear, LLC.
Mike Rosenberg commented: “We are excited to return to our independent, middle market heritage. We feel there is a large requirement in the middle market for high caliber, senior level M&A advisory services, particularly on the West Coast. With deep experience, an extensive network of contacts and the proven ability to execute, the Intrepid team represents a powerful resource for business owners.”
Jim Freedman added: “As entrepreneurs and business owners ourselves, we understand the unique dynamics facing privately held companies and therefore approach every situation with custom tailored solutions. This approach led to exceptional results for our clients for over 25 years at Barrington and we are confident clients will continue to find value when working with Intrepid.”
The Intrepid team also includes new Associates and Analysts and the firm is selectively looking to add talented professionals at all levels.