June 2, 2010
SOUTHPORT, Connecticut, June 2, 2010 - Carter Morse & Mathias ("CMM") announced the formation of the Alliance of International Corporate Advisors (AICA), a global network of merger and acquisition (M&A) investment banking firms. CMM Managing Directors Michael Carter and Gary Mathias attended the recent AICA inaugural meeting in Miami Beach, Florida, which brought together investment banking firms from six continents. The meeting culminated a year-long global effort to establish a premier international alliance with an optimal mix of geographic coverage and industry specialists among middle-market M&A advisory firms.
Joining AICA network as a charter member is another step in Carter Morse & Mathias’s recent growth. In the last twelve months the firm has added another seasoned banker (even as other boutique investment banks closed or shrank) and formed a Board of Advisors to provide experienced industry insights along with additional origination resources. The objective of AICA is to provide origination and joint execution capability to its members around the globe. AICA has been established with 29 member firms in 20 countries focusing on middle-market M&A, corporate advisory and capital raising transactions across multiple industry specialties.
Michael Carter, Managing Director said, “AICA significantly extends our firm’s reach into major business markets worldwide. Through AICA, we can now easily call on over 100 senior investment bankers in Europe, Asia, Latin America, Australia and the Middle East to assist in our transaction mandates, which allow us to facilitate assignments worldwide while assuring our clients that the entire global market is covered.”
Gary Mathias, Managing Director said, “Joining AICA is an extraordinary accomplishment for CMM. We are most impressed with capabilities of our new partners from around the world. AICA will enable CMM to do three things better: access international strategic buyers, advise clients seeking to acquire companies outside of the U.S., and obtain market information anywhere in the world.”
"We are pleased to welcome Carter Morse & Mathias as a charter member of the AICA family," said Rachel Sargent, AICA’s president. “We are pleased to associate with CMM which brings its experience, track record of closing strategic transactions and stellar reputation to our partners around the world. All of the founding members of this group have been closely screened and are the pre-eminent mid-market investment banks in their respective markets. This is truly an organization of entrepreneurs who have founded and built their own firms and understand the entrepreneurial experience firsthand.”