Financo: Difference between revisions
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| foundation = 1971 |
| foundation = 1971 |
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| location = [[New York City|New York]], [[New York (state)|NY]], [[United States]] |
| location = [[New York City|New York]], [[New York (state)|NY]], [[United States]] |
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| key_people = John Berg<br>{{small|(CEO)}} |
| key_people = John Berg<br />{{small|(CEO)}} |
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| num_employees = 40 (2020) |
| num_employees = 40 (2020) |
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| industry = [[Investment bank|Investment Banking]] |
| industry = [[Investment bank|Investment Banking]] |
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'''Financo, Inc.''' is a [[New York City|New York]]-based boutique [[investment bank]] focused on the merchandising and retail sector, with offices also in [[Los Angeles]] and [[London]]. It was founded in 1971 by [[Wharton School]] graduate Gilbert Harrison, whose experience in deals involving [[American Eagle Outfitters|American Eagle]], [[Max Azria|BCBG Max Azria]], and [[Bear Stearns Merchant Banking]], among others, has made him a sought-after source of expertise,<ref>[https://www.cnbc.com/id/15840232?video=233161904 MSNBC - Video Front Page<!-- Bot generated title -->]</ref> which he was contributed at events such as the ''[[Financial Times]]'' Business of Luxury Summit.<ref> |
'''Financo, Inc.''' is a [[New York City|New York]]-based boutique [[investment bank]] focused on the merchandising and retail sector, with offices also in [[Los Angeles]] and [[London]]. It was founded in 1971 by [[Wharton School]] graduate Gilbert Harrison, whose experience in deals involving [[American Eagle Outfitters|American Eagle]], [[Max Azria|BCBG Max Azria]], and [[Bear Stearns Merchant Banking]], among others, has made him a sought-after source of expertise,<ref>[https://www.cnbc.com/id/15840232?video=233161904 MSNBC - Video Front Page<!-- Bot generated title -->]</ref> which he was contributed at events such as the ''[[Financial Times]]'' Business of Luxury Summit.<ref>{{cite web |url=http://www.ftbusinessofluxury.co.uk/speakers2.aspx?spid=10332 |title=Archived copy |website=www.ftbusinessofluxury.co.uk |access-date=27 January 2022 |archive-url=https://archive.today/20120804002053/http://www.ftbusinessofluxury.co.uk/speakers2.aspx?spid=10332 |archive-date=4 August 2012 |url-status=dead}}</ref> Financo is also known for hosting a summit every year during the [[National Retail Federation]] Convention, at which Financo gathers a CEO Panel covering a major topic relevant to the retail and fashion industries and at which senior executives in the consumer sector network extensively.<ref>{{Cite web |url=http://www.financo.com/img/Financo-Frolic-NRF-1.html |title=Financo Press<!-- Bot generated title --> |access-date=2007-09-30 |archive-url=https://web.archive.org/web/20100110093838/http://www.financo.com/img/Financo-Frolic-NRF-1.html |archive-date=2010-01-10 |url-status=dead }}</ref> Their 2011 Annual CEO Panel was hosted by CNBC's Nicole Lapin. Panelists included Dan Schock ([[Google]]), Ben Fischman (Rue La La), Chip Wilson ([[lululemon]]), and Stephen Zangre ([[Facebook]]).<ref>https://www.cnbc.com/id/34934042/Business_Looking_Up_For_Luxury_Retailers</ref> |
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A profile on Gilbert Harrison was featured in the March 2011 issue of The Deal titled, "Relationship Advisory."<ref>{{Cite web |url=http://www.thedeal.com/magazine/ID/038644/2011/relationship-adviser.php |title=Archived copy |access-date=2011-04-26 |archive-url=https://web.archive.org/web/20110515154347/http://www.thedeal.com/magazine/ID/038644/2011/relationship-adviser.php |archive-date=2011-05-15 |url-status=dead }}</ref> |
A profile on Gilbert Harrison was featured in the March 2011 issue of The Deal titled, "Relationship Advisory."<ref>{{Cite web |url=http://www.thedeal.com/magazine/ID/038644/2011/relationship-adviser.php |title=Archived copy |access-date=2011-04-26 |archive-url=https://web.archive.org/web/20110515154347/http://www.thedeal.com/magazine/ID/038644/2011/relationship-adviser.php |archive-date=2011-05-15 |url-status=dead }}</ref> |
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Revision as of 03:20, 27 January 2022
 | This article contains promotional content. (November 2010) |
 | |
| Company type | Private |
|---|---|
| Industry | Investment Banking |
| Founded | 1971 |
| Headquarters | New York, NY, United States |
Key people | John Berg (CEO) |
Number of employees | 40 (2020) |
| Website | www.financo.com |
Financo, Inc. is a New York-based boutique investment bank focused on the merchandising and retail sector, with offices also in Los Angeles and London. It was founded in 1971 by Wharton School graduate Gilbert Harrison, whose experience in deals involving American Eagle, BCBG Max Azria, and Bear Stearns Merchant Banking, among others, has made him a sought-after source of expertise,[1] which he was contributed at events such as the Financial Times Business of Luxury Summit.[2] Financo is also known for hosting a summit every year during the National Retail Federation Convention, at which Financo gathers a CEO Panel covering a major topic relevant to the retail and fashion industries and at which senior executives in the consumer sector network extensively.[3] Their 2011 Annual CEO Panel was hosted by CNBC's Nicole Lapin. Panelists included Dan Schock (Google), Ben Fischman (Rue La La), Chip Wilson (lululemon), and Stephen Zangre (Facebook).[4]
A profile on Gilbert Harrison was featured in the March 2011 issue of The Deal titled, "Relationship Advisory."[5]
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 Shearson Lehman Brothers (at the time owned by American Express) 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 Shearson Lehman. 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 Chairman of Neiman Marcus, Chairman and CEO of Macy's East, Chairman and CEO of Sears, and CEO of Anne Klein.[6] Currently, sixteen former industry executives serve as FGC consultants.
External links
Notes
- ^ MSNBC - Video Front Page
- ^ "Archived copy". www.ftbusinessofluxury.co.uk. Archived from the original on 4 August 2012. Retrieved 27 January 2022.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ "Financo Press". Archived from the original on 2010-01-10. Retrieved 2007-09-30.
- ^ https://www.cnbc.com/id/34934042/Business_Looking_Up_For_Luxury_Retailers
- ^ "Archived copy". Archived from the original on 2011-05-15. Retrieved 2011-04-26.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ "Financo, Inc. - Global Consulting". Archived from the original on 2007-10-12. Retrieved 2007-09-30.