SOURCE: Thomas Weisel Partners

August 09, 2005 12:10 ET

Thomas Weisel Partners Hires New Consumer Senior Investment Banker

Rob Steele Named Partner and Co-Director of Consumer Investment Banking

NEW YORK, NY -- (MARKET WIRE) -- August 9, 2005 -- Thomas Weisel Partners (TWP), an investment bank focused on the growth sectors of the economy, announced that Rob Steele has joined the firm as a Partner and the Co-Director of Consumer Investment Banking based in the San Francisco office. Mr. Steele was formerly a Managing Director in the Consumer Investment Banking Group at SG Cowen.

Mr. Steele joins one of Wall Street's largest and most comprehensive investment banking practices focused on growth companies in the consumer, healthcare, industrial, media & telecommunications and technology sectors. Within the consumer sector, TWP has completed 19 transactions since the beginning of 2004, including lead managed financings for clients including Ace Cash Express, Inc., Cache, Inc., Coinstar, Inc., Collectors Universe, Inc. and NutriSystem, Inc. The firm also recently advised Chalone Wine Group on its $261 million sale to Diageo North America and JR Wood Inc. on its $166 million sale to Dole Food Company.

"I am delighted to be joining Thomas Weisel Partners and look forward to leading the consumer team along with Alex Chefetz," said Mr. Steele. "TWP's consumer practice has been a strong force in discovering the next generation leaders in the consumer sector and I look forward to adding to that effort."

"Rob Steele has a strong track record in building relationships in the consumer sector and brings a growing restaurant franchise with him," said Blake Jorgensen, Co-Director of Investment Banking. "In addition to his consumer expertise, Mr. Steele has a deep background in mergers & acquisitions which will enhance our position as a trusted strategic advisor to our consumer clients," said Bob Kitts, Co-Director of Investment Banking.

Rob Steele joins Thomas Weisel Partners from SG Cowen where he was a Managing Director in the Consumer Group. Previously, Mr. Steele worked at Montgomery Securities in the Consumer Group and JPMorgan in the Investment Banking and M&A Group. Mr. Steele graduated from the University of California, Santa Barbara with honors and holds an MBA from The University of California, Los Angeles.

Thomas Weisel Partners is an investment bank focused on the growth sectors of the economy. The firm core services include investment banking, institutional brokerage, private client services, private equity investing and asset management. The firm's distinctive competence is combining deep domain expertise, superior transaction execution capability and senior level attention. Thomas Weisel Partners has approximately 550 employees and is headquartered in San Francisco with additional offices in New York, Boston and Palo Alto, California.

Contact Information

  • Contacts:
    Ann Akichika
    Director of Marketing & Corporate Communications
    Thomas Weisel Partners LLC
    Ph: (415) 364-2746
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