FOR IMMEDIATE RELEASE
Firm Expands Service Offerings and Specialties and Changes Name to CohnReznick Capital Markets Securities
January 27, 2015 (New York, NY) –SEC-registered broker-dealer Reznick Capital Markets Securities announced today that it has changed its name to CohnReznick Capital Markets Securities (“CohnReznick Cap Markets”) and is now an affiliated company of CohnReznick LLP, one of the top accounting, tax, and advisory firms in the country. Along with the name change, the firm announced an expansion of its investment banking advisory services, along with a broader diversification of its client base.
Since its inception in 2008, CohnReznick Cap Markets has conducted more than $3 billion in corporate and asset financings, primarily in the renewable energy sector. The current investment banking team is comprised of 19 diverse and highly experienced individuals located in six different offices across the United States. The team is expected to grow further to support the anticipated expansion of service offerings.
While historically the firm specialized in the renewable energy and commercial real estate sectors, CohnReznick Cap Markets has broadened their resources and capabilities to serve a wider spectrum of middle market companies, aligning with the diverse industry specializations of CohnReznick. As an affiliate of CohnReznick, CohnReznick Cap Markets is now able to collaborate extensively with the accounting firm’s audit, tax, valuation, and transaction advisory groups. It has also expanded its service offerings for distressed assets through CohnReznick’s bankruptcy and restructuring teams.
CohnReznick Cap Markets President Rob Sternthal said, “I am excited about expanding our relationship with CohnReznick and the opportunities for collaboration this affords our clients. As an affiliate of such a high-quality firm, we are able to further our mission of providing value to our own client base while offering investors opportunities that deliver above-market returns and long-term value.”
“Being able to introduce the resources of CohnReznick Cap Markets to our non-attest clients and contacts enables us to further deliver on our commitment to being the premier resource for middle market companies with liquidity and capital formation needs – whether it be for project financing, commercial real estate financing, M&A services, private capital raises, or restructuring advisory services,” stated CohnReznick co-CEO Ken Baggett.
Headquartered in New York, NY, CohnReznick Cap Markets maintains offices in Los Angeles, Chicago, Atlanta, and Baltimore, with plans for an additional office to open soon in San Francisco.