Craig-Hallum Capital Group has added two former Lazard Middle Market managing directors and group co-heads to their Investment Banking Group. Steve Beck and Jamie Frommelt have joined Craig-Hallum as managing directors and co-heads of mergers and acquisitions.
“Jamie and Steve bring a level of dedication and experience to our M&A practice that we believe will greatly benefit our corporate clients and enhance the growth of our practice. The combination of our platform and Jamie and Steve’s deep experience in middle market M&A should add momentum to our M&A offering and provide clients an even deeper level of expertise,” said Brad Baker, Craig-Hallum’s CEO.
Craig-Hallum is an employee-owned research, trading and investment banking firm. The firm was founded in 1997 and is based in Minneapolis with additional offices in Boston and Philadelphia (www.craig-hallum.com).
Mr. Beck has spent the last 14 years with Lazard Middle Market and its predecessor, Goldsmith Agio Helms. Throughout his career, Mr. Beck has primarily focused on sell-side mergers and acquisition transaction advisory. Most recently, Mr. Beck was a managing director and co-head of Lazard Middle Market’s industrials group.
“Jamie and I are excited to be a part of Craig-Hallum,” said Mr. Beck. “We are reinvigorated to once again be a part of a more entrepreneurial organization that we can help shape and grow to include a world-class M&A practice.”
Mr. Frommelt, a 13-year investment banking veteran with Lazard Middle Market and its predecessor, Goldsmith Agio Helms, also focused throughout his career on sell-side mergers and acquisition transaction advisory. Prior to becoming an investment banker, Mr. Frommelt was a lawyer in Milwaukee and Minneapolis, practicing in different areas of corporate law, including M&A transactions. Most recently, Mr. Frommelt was a managing director and co-head of Lazard Middle Market’s consumer group.
“Among the many attributes Craig-Hallum has is a proven expertise in public market offerings; we are intrigued by the possibilities of providing Craig-Hallum’s best relationships with enhanced middle market M&A capabilities,” said Mr. Frommelt.
© 2012 PEPD • Private Equity’s Leading News Magazine • 9-25-12
