Advisory and professional services firm Seabury Group has launched a new merchant banking platform within its Seabury Corporate Finance operating subsidiary. The new merchant bank will pursue minority equity investing, private debt financing and commercial aircraft leasing within the aviation, aerospace & defense and transportation industries.
Seabury Corporate Finance is led by senior managing director Patrick Dowling and in addition to its existing businesses – aerospace & defense advisory, structured finance, and maritime corporate finance – will now build out its new merchant banking platform.
“Seabury’s move into merchant banking is a natural fit as it builds on deep and extensive knowledge of a highly adept and experienced team of industry experts,” said Seabury’s President & Chief Executive Officer Christopher Kubasik. “Pat Dowling’s nearly four decades of finance experience, complemented by a team of strong industry veterans, provides an ideal environment which leverages our strengths and will deliver results for our clients.”
Mr. Dowling, who recently joined Seabury, has extensive experience in the industry, which includes a partnership at Massif Partners, executive positions as Senior Managing Director & Group Head of Aerospace & Defense at Tygris Commercial Finance Group, Managing Director & General Manager of CIT Leveraged Finance Transportation, and a career as a Managing Director with GE Capital.
“Seabury has a well-known brand in the aviation, aerospace & defense and transportation industries, with a unique cross-selling and sharing opportunity within our businesses that originate unique and attractive investment opportunities,” said Mr. Dowling. “We have had a successful track record of creating such transactions on a one-off basis for our clients and we are now well positioned to invest side by side with our clients or provide financing.”
Seabury Group is an advisory and professional services that specializes in the aviation, aerospace & defense, transportation, financial services, and insurance industries. The firm is headquartered in New York (www.seaburygroup.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 1-15-15