NEW YORK--(EON: Enhanced Online News)--Earlier this month, in the presence of more than 250 longtime clients, friends, colleagues and industry leaders, investment banking advisory firm Peter J. Solomon Company (PJSC) kicked off its year-long 25th anniversary celebration.
“When I first suggested starting our firm”
Recognized for an impressive record of executing over 500 transactions and advisory assignments for chief executive officers, owners of public and private companies, boards of directors and special committees, founding Chairman Peter J. Solomon was quick to point to his firm’s emphasis on delivering sound, unbiased advice as the source of PJSC’s success.
“From the start, we focused solely on advising our clients on strategic matters, and doing so with trust and integrity – and that has translated into a successful formula for our clients and us,” said Mr. Solomon. “When I first suggested starting our firm,” he went on to explain, “My mother was the only one who thought it was a good idea. Luckily, we’ve worked with wonderful clients who presented us with complex and challenging assignments. Without them and their loyalty, as well as the people of PJSC, we would not be celebrating 25 years.”
PJSC made history in 1989 as the first private independent firm to incorporate the ethos and culture of the traditional investment banks, at a time when the larger publicly-owned banks had diversified broadly and began representing multiple interests. PJSC remains a private investment bank avoiding conflicts, whose professionals advise corporate clients in sectors that range from retail, healthcare and consumer goods to industrial products, media and technology.
“We’ve had a number of successes over the years, many in the form of advising on large mergers and acquisitions,” remarked PJSC President Kenneth Berliner. “Our services now include a sought-after restructuring group, advice to Special Committees, financing and recapitalizations, as well as takeover defense capabilities.”
The Oct. 1st launch event was held in PJSC’s offices at 1345 Avenue of the Americas – the new location necessitated by the firm’s growth, which, according to its senior management, is not abating. “We are primed for the future,” said Messrs. Solomon and Berliner. “We are ready to build on our progress. Business is being transformed by technology, and we’re prepared to help our clients achieve their strategic financial goals in this exciting environment.”
Additional festivities are planned next spring.
About Peter J. Solomon Company
Peter J. Solomon Company (PJSC) is a leading independent investment banking firm headquartered in New York, City. Founded in 1989, the Firm provides owners, boards of directors, chief executives and senior management of public and private companies with strategic and financial advice.
PJSC has successfully completed more than 500 strategic and financial advisory assignments in the form of mergers, acquisitions, divestitures, restructurings, recapitalizations, refinancings and fairness opinions. PJSC has also built a successful practice defending companies in proxy and take-over contests. The Firm’s clients represent industry leaders in retail, apparel, wholesale and catalogue distribution; e-commerce; media, entertainment, communications and technology; health care, pharmaceuticals and life science; branded and unbranded consumer products and industrial products.