Doeren Mayhew Capital Advisors to Serve Growing M&A Client Base

Troy, Mich.-based Doeren Mayhew (FY12 net revenue of $44.3 million) has spun off its investment banking practice into a new investment bank, Doeren Mayhew Capital Advisors, to accommodate its growing mergers and acquisitions client base.

The launch follows a record year in M&A for Doeren Mayhew, partially fueled by the Houston energy economy and the addition of investment banking staff in its Troy office.Doeren Mayhew Capital Advisors Logo

“While our investment bankers have traditionally served Doeren Mayhew’s CPA clients as they look to exit the business or acquire to grow, we’re seeing significant demand beyond this as the marketplace becomes aware of what we are able to accomplish for our clients,” says Tim Moore, managing director for Doeren Mayhew Capital Advisors and managing shareholder for Doeren Mayhew’s Houston office. “We look forward to serving even more businesses locally and nationally while continuing to provide our existing clients with the support they’ve come to rely upon.”

Mark Crawford, Doeren Mayhew chairman and CEO, says the investment bank is “an obvious progression” in the firm’s growth plan. “This simply formalizes a practice that we have been very successful at in the past and allows us to bring substantial additional talent to any transaction.”