SOURCE: Thomas Weisel Partners Group, Inc.

April 24, 2006 06:12 ET

Thomas Weisel Partners Group, Inc. Announces Filing of Registration Statement for Offering of Common Stock

SAN FRANCISCO, CA -- (MARKET WIRE) -- April 24, 2006 -- Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG) announced today that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of shares of its common stock. It is currently anticipated that a portion of the shares of common stock to be sold in the proposed offering will be sold by Thomas Weisel Partners Group, Inc. and the remainder will be sold by certain selling stockholders. Thomas Weisel Partners Group, Inc. is an investment bank specializing in the growth sectors of the economy.

All of the partners of Thomas Weisel Partners Group, Inc. have the ability to participate in this offering as selling stockholders, but each partner is limited to selling only up to 20% of his or her shares. Thomas W. Weisel, the Chairman and Chief Executive Officer, has elected not to participate in the offering as a selling shareholder.

The offering is being led by Thomas Weisel Partners LLC and Keefe, Bruyette & Woods, Inc., acting as joint book-running managers, and Fox-Pitt, Kelton Inc. and Sandler O'Neill & Partners, L.P., acting as co-managers. Copies of the preliminary prospectus, when available, relating to the offering, may be obtained from:

Thomas Weisel Partners LLC          Keefe, Bruyette & Woods, Inc.
One Montgomery Street               787 Seventh Avenue, 4th Floor
San Francisco, California  94104    New York, New York  10019
Tel:  (415) 364-2720                Tel:  (212) 887-7777

Fox-Pitt, Kelton Inc.               Sandler O'Neill & Partners, L.P.
55 East 52nd Street                 919 Third Avenue, 6th Floor
New York, New York 10055            New York, NY 10022
Tel:  (212) 857-6212                Tel: (212) 466-7867
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Contact Information

  • Contact:
    Deborah Lightfoot
    Investor Relations
    Thomas Weisel Partners Group, Inc.
    Tel: (415) 364-2877
    Email Contact

    Danielle Holmes
    Media Contact
    Thomas Weisel Partners Group, Inc.
    Tel: (415) 364-2832
    Email Contact