Fifth Third investment Banking
Fifth Third Bancorp Further Expands M&A and Strategic Advisory Capabilities
Larry Williams, Bruce Woodward, Alan McClure, and Bruce Woodward join Fifth Third Securities
Cincinnati - Fifth Third Bancorp (Nasdaq: FITB) announced today that Fifth Third Securities Inc. is continuing its expansion of mergers and acquisitions (M&A) and strategic advisory capabilities. The Bank has hired Larry Williams, Bruce Woodward, Alan McClure, and Bill Benston, who founded The Breckenridge Group Inc., an Atlanta-based investment banking firm that specialized in providing strategic merger and acquisition services to privately owned and publicly held middle-market companies.
Expanding M&A advisory and investment banking capabilities represents a significant opportunity for Fifth Third Capital Markets to support clients. Earlier this year, Fifth Third Securities advised Flash Foods Inc. on its $425 million sale to CST Brands. Last month, Fifth Third hired industry veteran Bill Tyson as co-head of Fifth Third Bank Capital Markets to focus on driving growth in M&A advisory services, among other responsibilities.
“Fifth Third is committed to executing our strategy to deliver differentiated capital markets capabilities and resources to our middle-market and mid-corporate clients and prospects, ” said Lars Anderson, executive vice president and chief operating officer of Fifth Third Bancorp. “By growing our M&A advisory capabilities, we’re putting the Bank in a position to offer a wide range of solutions that help clients reach their strategic objectives.”