Dresner Partners, a middle-market investment bank, is expanding its East Coast presence by establishing an office in New York City.”Establishing a New York office is a necessary step to support our investment banking professionals that are working with clients in the region,” said Steven Dresner, President of Dresner Partners. “In addition, as a member of IMAP, with offices in over 30 countries, our East Coast clients will also benefit from our cross-border capabilities which include local market knowledge and expertise in Canada, Mexico, Europe, Asia and South America. We feel it is critical that our clients have access to strategic opportunities across the globe.”
The New York office will be managed by Mitchell Stern, Managing Director. Mr. Stern joined Dresner Partners in January 2012 as a Managing Director responsible for the Healthcare sector. Before joining Dresner Partners, Mr. Stern was a Managing Director in Healthcare Investment Banking at Morgan Joseph TriArtisan, and has also held positions with SMH Capital (Sanders Morris Harris), Glocap Advisors, Needham & Co., Schroders plc (Wertheim Schroder), and Salomon Brothers. In addition, Mr. Stern worked in the M&A Transactions Group at Deloitte & Touche and was a Certified Public Accountant (C.P.A.) with Ernst & Whinney (now Ernst & Young).
“In the New York office, we focus on many industry sectors; however, a large portion of my time is spent on healthcare. We are currently working with companies in healthcare services, healthcare IT, medical devices and products, life sciences and nutraceuticals,” said Mr. Stern. “In addition to healthcare, we have given some focus to the technology, education and consumer spaces. Throughout my career, I have worked on transactions in all areas of the world, ranging in size from $10 million to over $1 billion.”
Dresner Partners is a middle-market investment bank headquartered in Chicago with offices in New York, Connecticut and Los Angeles. Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers, including institutional private placements of debt and equity, merger and acquisitions, valuations and strategic consulting services. Sectors of interest include consumer, food, healthcare, technology, education, financial services and industrials (www.dresnerpartners.com).