Investment bank D.A. Davidson & Co. has hired Jeff Cleveland as a managing director in its consumer and retail practice. Mr. Cleveland will be based in the firm’s Seattle office.
“Jeff’s tremendous track record and strong relationships in the food and beverage, and consumer space make him a terrific addition to our team,” said Monte Giese, co-head of investment banking at D.A. Davidson. “Our consumer and retail team has developed a very strong practice, having completed 16 transactions in the last 12 months, and Jeff’s addition will accelerate this success.”
Mr. Cleveland has over a decade of experience in the food and beverage and consumer investment banking market. Prior to joining D.A. Davidson, he was at Seattle-based investment bank Zachary Scott from 2014 to 2016 where he established the firm’s food, beverage and agriculture practice. From 2006 to 2014 he was a founding member of Harris Williams & Co.’s Minneapolis office and its Global Food & Beverage and Consumer Investment Banking practices. Earlier still, he worked at Piper Jaffray in its investment banking group. Mr. Cleveland has an MBA from the University of Texas and a BA in finance from Santa Clara University.
“I am tremendously excited to join a like-minded group of partners, focused on growing our presence in critical industry verticals, like consumer and retail. Reflecting on my time with some of the largest middle-market firms in the country, I understand the importance of making ongoing investments in a platform,” said Mr. Cleveland. “The partnership at D.A. Davidson is committed to making the necessary investments in people and industry expertise, such that our clients receive top-tier service and results.”
D.A. Davidson’s investment banking team underwrites public offerings, serves as a placement agent for private financings and advises companies on mergers and acquisitions. The firm has offices in Great Falls, MT (headquarters); Portland; Baltimore; Boston; Chicago; Denver; Minneapolis; New York; Costa Mesa; Salt Lake City; and Seattle (www.dadco.com).
© 2016 PEPD • Private Equity’s Leading News Magazine • 2-3-16