COSTA MESA, Calif., June 15, 2006 (PRIMEZONE) -- RSM EquiCo Capital Markets LLC, a global investment bank specializing in mergers, acquisitions, divestitures and capital raising for the private middle market, has named Charlene A. Davidson senior managing director.
Davidson, who is based in the firm's Costa Mesa corporate headquarters, will provide M&A and capital raising advisory services to the firm's investment banking clients. She also is launching the firm's Global Financial Services practice, which encompasses three very active sectors: financial institutions; diversified financial services and technology; and insurance.
"We've greatly expanded our capital raising services in recent years and Charlene's expertise will be a considerable asset to the firm as we continue growing this area. Her experience, which spans a range of industries, will be a valuable resource for our middle-market clients, as well as those with higher enterprise values," said Hector J. Cuellar, president of RSM EquiCo Capital Markets.
Davidson has more than 20 years of global corporate and investment banking experience, advising entrepreneurs, principals and corporations on an array of business transactions, including strategic planning, capital raising, and M&A. She has executed comprehensive capital structure strategies for public and private companies as well as provided advisory roles for capital raising, liquidity access, investment management, cross border banking and global corporate finance activities.
Davidson worked at Banc of America Securities LLC (and its predecessor firms) for 15 years. Most recently as senior managing director, she led the firm's Global Financial Institutions Investment Banking practice in Los Angeles and New York, and launched the Financial Technology practice in Palo Alto, Calif. During her nine years of leadership, the Global Financial Institutions Group dramatically expanded its advisory roles in volume and value across the various financial industries. In addition, she implemented a global network of bankers and transaction experts, resulting in significant growth of mandated transactions for 1,100 clients worldwide.
Subsequently, Davidson collaborated with technology, business services and media bankers to design a Financial Technology practice at Banc of America Securities focused exclusively on the convergence of enabling software technologies, business process outsourcing, financial services companies and emerging service providers. This strategic confluence established the footprint for team research, advisory and execution activities and produced precise client value imperatives, further driving capital access and advancement to the growing financial services sector.
Davidson is an advisory board member to several growth-stage financial technology companies, a Women in Business mentor to the University of California, Los Angeles and a frequent speaker at financial industry associations and related networking organizations. She studied accounting and finance at Bentley College, Cambridge University and Stonier Graduate School of Banking and holds NASD Series 7, 24 and 63 licenses.
About RSM EquiCo Inc.
RSM EquiCo (www.rsmequico.com) is a global provider of investment banking services to private companies with annual revenues of up to $500 million. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives.
RSM EquiCo is part of RSM McGladrey Inc., one of the nation's largest providers of business, tax consulting, wealth management, retirement resources and payroll services to midsized companies.
RSM EquiCo Capital Markets LLC is licensed by the SEC (Securities and Exchange Commission) and all state securities authorities, and is a member of the NASD (National Association of Securities Dealers) and SIPC (Securities Investor Protection Corporation).
RSM EquiCo's international headquarters are located in Costa Mesa, California. It also has offices in Chicago, Boston, New York, London and Coral Springs, Fla.