![]() Visit for more information.Ĭapstone Partners is one of the largest independently owned investment banking firms in the United States. Huntington operates more than 1,100 branches in 12 states, with certain businesses operating in extended geographies. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $174 billion asset regional bank holding company headquartered in Columbus, Ohio. The transaction is expected to close in the second quarter of 2022, subject to receipt of required regulatory approval and satisfaction of customary closing conditions. “The combination of Huntington’s brand and capabilities alongside a premier middle market investment banking franchise with unique industry insights creates a differentiating experience for our clients.” “The addition of investment banking and financial advisory services aligns with our Capital Markets strategic plan and better positions Huntington to serve the full range of needs of middle market clients within our footprint, as well as those we serve on an increasingly national basis,” said Scott Kleinman, co-president of Huntington Commercial Banking. In addition to accelerating Capstone’s growth plans, through this transaction Huntington hopes to accelerate their positioning as a full-service corporate and investment bank serving the core middle market, delivering both strategic and industry expertise to the firms’ collective clients. The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, capital markets, and risk management products and services. Like us, they are a very client-service focused company, they share our passion and commitment to putting clients at the center of our universe, and they are strategically and financially supportive of our aggressive growth plans to become the number one investment bank in the U.S. “Huntington will allow us to continue to add depth in current geographies and sectors and expand coverage into new industries and products while maintaining our independence and the brand we’ve built over the past twenty years. “This is an acceleration deal not an exit for Capstone,” said Chief Operating Officer Paul Janson. We believe this combination puts us in a strong position to pursue continued market acceleration and deliver a superior experience for our clients, employees, and partners.” Our combined capabilities will enhance Capstone’s full suite of products and services to private business owners and financial sponsors. “Huntington is the perfect partner for Capstone, with complementary cultures focused on people and the community. At each phase of our evolution, we have made aggressive moves ahead of our peers, and we are excited about heading into the next phase of growth with Huntington,” said John Ferrara, Capstone’s founder and CEO. It has been a long-term, value-build strategy with a 30+ year horizon. “Twenty years ago, we founded Capstone Partners with the goal of building a middle market leader. We believe this combination puts us in a strong position to pursue continued market acceleration and deliver a superior experience for our clients, employees, and partners. Huntington is the perfect partner for Capstone, with complementary cultures focused on people and the community. The pending transaction with Huntington will allow Capstone to accelerate strategic growth plans.īoston, MA – Capstone Partners, a leading middle market investment banking firm, today announced formalized plans to super-charge the firm’s growth efforts with the recent signing of a definitive agreement to be acquired by Huntington Bancshares Incorporated (Nasdaq: HBAN), a $174 billion asset regional bank holding company headquartered in Columbus, Ohio.
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