McColl Partners LLC

  • Overview

An array of industries

Providing investment-banking services to middle-market businesses since 2001, McColl Partners concentrates its expertise over several industries, including aerospace and defense, building products and packaging, business services, consumer products and retailing, diversified manufacturing, financial institutions, health care, and technology and media.  Founded by former Bank of America CEO Hugh McColl in 2001, McColl Partners focuses on management and ownership of middle-market businesses.

The firm also stays busy advising firms on a number of sales.  In 2008, among its deals, the firm advised defense-training company, OMEGA Training Group, on its sale to Cubic Corporation; Burke Industries on its sale to Mannington Mills; and Gator Leasing on the sale of its assets to Ryder Truck Rental.

Its newest addition

In March 2008, McColl created a new private-equity coverage group which will focus exclusively on advising and helping to carry out private-equity deals.  The group, Financial Sponsors Group, led by Brian Davis, is also based out of Charlotte.  The move seems to be a potentially profitable one for the firm, since its establishment in 2001, most of McColl's business has come out of private middle-market companies.

Airing his views

In October 2008, Hugh McColl published an editorial in The Charlotte Observer newspaper publicly supporting the Democratic candidate, Barack Obama, for president.  The editorial was a first for McColl who had never before supported a political candidate on such a public level (and neither had the firm).  McColl's concern for what he termed to be the "economic disarray" of the country and apprehension in finding domestic, alternative energy sources led him to his public backing of Obama.  (The endorsement may have helped win a slim advantage in North Carolina for Obama, a state that voted Republican in the last, four presidential elections.)



McColl Partners LLC


100 North Tryon Street
54th Floor
Charlotte, NC 28202
Phone: (704) 333-0525
Fax: (704) 333-0118
www.mccollpartners.com

STATS


  • Employer Type: Private
  • Chairman: Hugh L. McColl, Jr

Career Update Newsletter

Tips and tools to help you manage your ideal career.