- Financo, Inc.
Infobox_Company
company_name = Financo, Inc.
company_
company_type = Private
foundation =1971
location =
key_people =Gilbert Harrison , Chairman &CEO Marvin Traub , Chairman &CEO of Financo Global ConsultingWilliam Susman ,President andCOO
num_employees = 50 (2007 )
industry =Finance and Insurance
products = Investment Banking,Consulting
homepage = [http://www.financo.com/ www.financo.com]Financo, Inc. is a
New York -based boutiqueinvestment bank focused on the merchandising and retail sector, with offices also inLos Angeles andLondon . It was founded in 1971 byWharton School graduate Gilbert Harrison, whose experience in deals involvingAmerican Eagle , BCBG Max Azria, andBear Stearns Merchant Banking , among others, has made him a sought-after source of expertise, [ [http://www.cnbc.com/id/15840232?video=233161904 MSNBC - Video Front Page ] ] which he was contributed at events such as theFinancial Times Business of Luxury Summit. [http://www.ftbusinessofluxury.co.uk/speakers2.aspx?spid=10332] Financo is also known for hosting a dinner with Harrison every year at theNational Retail Federation Convention, through which senior executives in the retail industry are able to network extensively. [ [http://www.financo.com/img/Financo-Frolic-NRF-1.html Financo Press ] ]History
Financo was founded in 1971 with the same focus on retail that it has today, and completed over 140 deals in its first fourteen years of existence. In 1985, the firm was acquired by
Lehman Brothers and became the Lehman Brothers Middle Market Group, still headed by Gilbert Harrison. Harrison decided to reacquire the Financo name in 1989, however, and re-established the firm independent of Lehman Brothers. Today, Financo has become the largest independent retail and consumer advisory firm serving in both the US market and internationally.Business Divisions
Investment Banking
This division is divided into three primary arms, Mergers & Acquisitions, and Financo Securities, and Special Situations. The first arm provides advice on mergers, acquisitions, divestitures, while Financo Securities provides capital-raising services on behalf of retail and merchandising clients. Special Situations focuses on providing restructuring services for financially troubled companies.
Consulting
Financo Global Consulting (FGC), provides advice on product strategy and strategic analysis. The consultants are all experienced industry executives who have served in various high-level positions in the retailing world, such as as Chairman of
Neiman Marcus , Chairman and CEO ofMacy's East, Chairman and CEO ofSears , and CEO ofAnne Klein . [ [http://www.financo.com/services/consulting/index.php Financo, Inc. - Global Consulting ] ] Currently, sixteen former industry executives serve as FGC consultants.External links
* [http://www.financo.com/ Financo website]
* [http://www.nrf.com/ National Retail Federation website]Notes
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