Moelis & Company

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Moelis & Company
Public
Traded as NYSE: MC (Class A)
Russell 2000 Component
Industry Financial services
Founded 2007; 17 years ago (2007)
Founder Ken Moelis
Headquarters 399 Park Avenue, New York City, US
Products Investment banking
Revenue $1.558 billion (2021)[1]
Number of employees
 900
Website www.moelis.com, www.moelisaustralia.com.au

Moelis & Company is a global investment bank that provides financial advisory services to corporations, governments, and financial sponsors. The firm advises on strategic decisions such as mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.[2]

It was founded in 2007 and is headquartered in New York, with 20 offices in North and South America, Europe, the Middle East, Asia and Australia.[3] It has 900 employees, including 600 investment bankers. Of the 127 managing directors, averaging more than 20 years of experience each, 62 are former sector and product heads.[4] Moelis is widely considered one of the most prestigious investment banking advisory firms and has advised on more than $3.5 trillion in transactions since its inception. [2]

History

Moelis was founded in July 2007 by Ken Moelis and partners including Navid Mahmoodzadegan and Jeffrey Raich.[2] The firm opened in New York and Los Angeles, and became a top 10 ranked M&A advisor in the US in its first full year of operations,[2] advising on transactions such as Anheuser-Busch's $61.2 billion sale to InBev, Yahoo's defense from Microsoft's $44.6 billion unsolicited proposal, and Hilton Hotels' $26.5 billion sale to The Blackstone Group.[5]

In July 2008, Moelis opened its restructuring practice by hiring the co-heads of Jefferies' restructuring[6] and advising on the $22.2 billion reorganization of Delphi Automotive, and the $29.6 billion reorganization of AMR Corp and $17.0 billion merger with US Airways Group. Matthew Prest, the restructuring head of European corporate finance firm Close Brothers,[7][8] soon followed with his team to join Moelis in London.[9] Early European restructuring mandates included the £1.5 billion recapitalization of the Co-operative Bank and the €15.4 billion restructuring of Glitnir.[10]

In June 2009 Mark Aedy joined Moelis as head of EMEA Investment Banking based in the London office.[11] Early mandates in Europe included advising Natixis on the €30.0 billion disposal of most of its complex credit derivative portfolio.[5]

In August 2009 Moelis opened an office in Sydney, Australia, led by a team from JP Morgan.[12] In Australia, Moelis has advised SABMiller on the A$11.7 billion acquisition of Fosters Group, advised a consortium including Deutsche Bank, KKR and Värde Partners on the A$8.2 billion acquisition of GE Capital Australia & New Zealand Consumer Finance, and advised Centro Properties on the A$4.3 billion restructuring and A$5.0 billion merger of Australian interests.[5]

The firm opened a Dubai office in January 2011 [13] while advising the Government of Dubai on the $24.9 billion restructuring of its investment holding company, Dubai World.[5] The firm also expanded into Asia by opening a Hong Kong office.[14]

In January 2012, Moelis announced a strategic alliance agreement with the second largest Japanese bank, SMBC and its subsidiary SMBC Nikko.[15] Together they have advised on significant cross-border M&A, including Osaka Securities Exchange's ¥278.4 billion combination with the Tokyo Stock Exchange.

In March 2014, the firm expanded into South America, opening an office in São Paulo, Brazil.[16]

In April 2014, the firm completed its initial public offering and began trading on the New York Stock Exchange.[17] Moelis had advised on over $1 trillion in transactions by the time of its IPO.[18] Employees maintain ownership of the majority of the company.[19]

In June 2014, Moelis established a private funds advisory business with four hires.[20]

In February 2015, the firm opened its Washington DC office, following the hire of Eric Cantor, former House Majority Leader, in September 2014.[21]

In April 2017, the firm held an initial public offering (IPO) for its Australian business, Moelis Australia.[citation needed]

Global reach

Moelis operates from 21 offices globally across North and South America, Europe, the Middle East, Asia, and Australia:[22]

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*Strategic Alliance with SMBC and SMBC Nikko **Strategic Alliance with Alfaro, Dávila & Scherer

See also

References

  1. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  2. ↑ 2.0 2.1 2.2 2.3 Moelis & Company Overview Archived 2013-02-18 at the Wayback Machine Company Website
  3. ↑ Moelis & Company History Archived 2013-04-04 at the Wayback Machine Company Website
  4. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  5. ↑ 5.0 5.1 5.2 5.3 Lua error in package.lua at line 80: module 'strict' not found.
  6. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  7. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  8. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  9. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  10. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  11. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  12. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  13. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  14. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  15. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  16. ↑ Lua error in package.lua at line 80: module 'strict' not found., March 11, 2014
  17. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  18. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  19. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  20. ↑ Lua error in package.lua at line 80: module 'strict' not found., June 16, 2014
  21. ↑ Lua error in package.lua at line 80: module 'strict' not found., February 24, 2015
  22. ↑ Lua error in package.lua at line 80: module 'strict' not found.

External links

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