Palm Tree LLC, an M&A advisory and investment banking firm, is pleased to announce the promotion of Steven Richards to the position of Senior Vice President of Investment Banking.
Since joining Palm Tree as a Vice President in 2021, Mr. Richards has contributed to the inception and growth of the firm’s Investment Banking service line. He provides transaction execution support and advisory for buy- and sell-side M&A, special situations, and capital raises under various debt and equity transaction structures. “As we continue to expand Palm Tree’s investment banking team, Steven has brought valuable insights and guidance to both our clients and to our firm,” said Stephen Rossi, Managing Director at Palm Tree and Co-Founder of Investment Banking. “His experience in consumer products, healthcare, and technology accelerated our expansion into those focus verticals, and Steven has demonstrated unparalleled leadership and mentorship across all levels of the organization.”
Mr. Richards brings over 15 years year of experience in corporate finance, M&A, analytics, and client advisory across a range of industries including automotive, business services, consumer and retail, distribution, food and beverage, healthcare, manufacturing, and software. He has worked in investment banking, corporate finance, and management consulting. “Palm Tree is a full-stack house of solutions for clients’ finance, consulting, and advisory needs,” said Mr. Richards. “Growing an investment bank alongside an M&A advisory offers our clients a deep pool of highly experienced talent.”
With his recent promotion to Senior Vice President, Mr. Richards will continue providing transaction execution support and advisory for buy- and sell-side client engagements.
Palm Tree is the modern M&A Advisor. A hybrid of consulting, accounting advisory, and investment banking, it provides clients with comprehensive financial, transactional, and operational solutions. Born out of private equity, Palm Tree navigates the time-sensitive, demanding, and uncompromising rigors of M&A from the perspective of owners and investors. This gives its clients the advantage of experience and expertise across the full continuum of transactions, transitions, and transformations. Since its inception in 2010, Palm Tree collectively has advised on more than 300 transactions totaling more than $45 billion in value. Securities products and services are offered through Palm Tree Securities LLC, member FINRA, SIPC.
More information in our corporate video, on PalmTreeLLC.com, and on LinkedIn.