Acquisition Completes Columbus Nova’s Creation of its Corporate and Institutional Advisory Practice

Columbus Nova MB is pleased to announce its acquisition of Roosevelt Equity Corporation (CRD No. 6004), a broker-dealer that is approved for private placement offerings and merger & acquisition activities.

Reinhard Freimuth, Managing Director at Columbus Nova MB commented:We are extremely pleased with the acquisition of the Roosevelt Equity Corporation (“REC”) and grateful to everyone that helped close this transaction. This acquisition allows CNMB to further implement its business plan to differentiate and grow the Advisory Group, and provides us with additional tools to more completely serve our clients.”

John Nash, Managing Director at Columbus Nova MB, remarkedThe broker dealer license will allow us to execute a broader array of merger and acquisition deals.  In addition, we can now offer our clients expanded services such as private placements and raising capital.” 

Stephen Pandos, Managing Director at Columbus Nova MB, added: “The acquisition of REC allows Columbus Nova MB to leverage and apply its industry and capital markets knowledge and experience to a broad range of real estate assets.”

Amos Beason, Partner at Columbus Nova MB, concluded: “This intensive process was a team effort and, in addition to the focus internally, we’d like to thank Kevin Attkisson at Bluegrass Holdings, Helen Hester at CNMB and Brent Hippert for their perseverance in the filing process. We are excited about the transition and hope to utilize the BD license to better serve our middle market corporate and institutional clients.” 

The Columbus Nova Advisory Group is currently mandated on two sell side engagements, two senior capital raise engagements and two project finance engagements. For more information about our capabilities, please contact Matt Decker at (704) 285-6503.

Please visit http://www.columbusnovamb.com/ for more information about Columbus Nova MB and to access our informational library.

Columbus Nova MB LLC, with offices in Charlotte, New York provides investment management and advisory services to a variety of corporate and institutional clients. CN Fund Management LLC manages in excess of $300 million of assets for a variety of clients. CNMB’s Advisory Group serves middle market businesses by providing buy and sell-side, capital formation and restructuring services on a fee basis, through its wholly owned broker dealer subsidiary Roosevelt Equity Corporation. CNMB also manages the Baikal Program, which makes investments in growing businesses and in private equity funds. Also, visit us at www.twitter.com/ColumbusNovaMB