Who / What
Evercore is an American financial services company specializing in investment banking advisory. The firm provides services such as mergers and acquisitions, restructuring, financings, and public offerings. It also offers institutional investors macro and fundamental equity research, sales, and trading execution.
Background & History
Evercore Inc., formerly known as Evercore Partners, was founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm originated as an independent investment banking advisory firm. Since its founding, Evercore has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions.
Why Notable
Evercore is a significant player in the global investment banking industry, known for its advisory services across a wide range of strategic transactions. The firm's involvement in high-value transactions demonstrates its impact on corporate finance and capital markets. It also provides research and trading services to institutional investors, further solidifying its position in the financial world.
In the News
Evercore continues to be a prominent advisor in major corporate transactions, reflecting ongoing market activity and strategic shifts among companies. The firm’s expertise is frequently sought during periods of economic change and significant deal-making. Its services are relevant for companies navigating mergers, acquisitions, and other financial challenges.