Seaport Group Buys Special Situations & Restructuring Group

The Seaport Group acquired a special situations and restructuring group that includes Eben Paul Perison.  Perison has spent more than 20 years advising clients in restructurings, work-outs, reorganizations, financings, mergers & acquisitions and other deals. The acquisition expands Seaport Group’s investment banking capabilities.  New York-based Seaport Group is an independent investment banks focused on debt capital markets.

PRESS RELEASE

The Seaport Group announced today that Eben Paul Perison, along with his team of advisory professionals, joined the firm to build out its Special Situations & Restructuring Group.  Mr. Perison has spent over 20 years advising clients in restructurings, work-outs, reorganizations, financings, M&A and other transactions across a broad range of industries.  The addition of Mr. Perison and his team will significantly expand Seaport’s investment banking capabilities and provide it with one of the pre-eminent Special Situations groups serving the middle market.  The Special Situations team will operate out of Seaport’s offices in New York and Los Angeles.

Mr. Perison was formerly the Head of Restructuring and Head of Gaming & Lodging at Oppenheimer & Co. Inc. and is largely credited with building their restructuring practice and winning high profile mandates in gaming and other sectors.  In 2010, the group advised clients in the restructuring of over $5 billion of debt across 18 transactions on behalf of companies, their creditors and shareholders, and other constituents.  Prior to joining Oppenheimer, Mr. Perison was a Managing Director for Fortress Investment Group and former Co-Head of Investment Banking for Libra Securities.

“Given our vast experience and expertise in the sales and trading of high-yield and distressed opportunities, the acquisition of a top tier special situations advisory team was a natural fit for our business,” commented Michael Meagher, Co-Founder of The Seaport Group.  “Mr. Perison and his team provide a broad range of services to middle-market companies, including debt restructuring, capital raising and leveraged finance.”  Added Stephen Smith, Co-Founder of The Seaport Group, “Mr. Perison and his team have successfully arranged multiple special situation financings and have a proven track record of achieving exceptional results for their clients.  The combination of their deep experience and skill sets, and our seasoned sales and distribution platform, is an attractive offering for our clients.”

About The Seaport Group

Founded in 2001, The Seaport Group is one of the largest independent investment banks focused on debt capital markets with a connected approach to help clients manage risk and create value.  Seaport’s unique model brings together 150 professionals and experts from all sectors of the credit universe, creating an integrated firm of institutional credit specialists.  The firm is based in New York and has multiple offices, including London, Los Angeles, Miami, Chicago, Palm Beach, Houston, Charlotte, Greenwich, Montauk and Charleston (SC).

SOURCE The Seaport Group