NEW YORK--(BUSINESS WIRE)--Private investment banking firm Peter J. Solomon Company (PJSC) announced today that Directors Jeffrey Jacobs, 41, and Mark Boidman, 38, have been promoted to Managing Directors in the firm’s Mergers & Acquisitions Group; both bankers have more than 14 years of M&A advisory experience. The move comes as PJSC emerges from one of its most profitable years.
Founder and Chairman Peter J. Solomon and President Kenneth T. Berliner praised Mr. Jacobs and Mr. Boidman as the embodiment of PJSC’s bright future. “Jeff and Mark represent the intelligence, energy and vigor that are hallmarks of PJSC’s leadership. From their aptitude for grasping the needs of our clients to the confidence and knowledge they demonstrate, there is no question that they add to the firm’s momentum.”
Jeffrey Jacobs joined PJSC in 2010 from Compass Advisers, where he served as a Principal in its Mergers & Acquisitions Group; prior to that he was a Vice President in Mergers & Acquisitions at Citigroup. Mr. Jacobs has been involved in a number of PJSC’s key transactions in the retail, consumer products, health care, media, technology and communications sectors.
“It has been a pleasure to work with PJSC clients across the spectrum,” stated Jacobs. “PJSC has built a leading franchise that takes a long-term view to client relationships, enabling us to provide the best solutions possible. I look forward to continuing to advise on some of the most transformational deals in the market today.”
In addition to his mergers and acquisitions expertise, Mr. Jacobs has gained a reputation for his ability to advise on complex divestitures, restructurings, public offerings and private placements. Most recently he was part of the PJSC teams that represented the Special Committee of the American Greetings Board of Directors in its “going-private” transaction with the Weiss family, Parlux Fragrances, Inc. on its merger with Perfumania Holdings, Inc. and FTSE Group in the formation of a joint venture with TMX Datalinx.
Mr. Jacobs holds an M.B.A. in Finance from Columbia Business School and a B.S. in Communications from the University of Wisconsin.
Mark Boidman came to PJSC last May from the Global Technology, Media and Telecom Group of Barclays Capital, where he led out-of-home media, TV broadcasting and radio investment banking coverage and was a senior member of the firm’s Defense/Activist team. Prior to that he was an M&A attorney at Paul, Weiss, Rifkind, Wharton & Garrison, also focused on advising companies in the Media and Technology sector.
“As a managing director, I am excited to help one of the best and most forward-thinking media and technology teams in the investment banking advisory business,” said Boidman. “Given where we are in our industry's continued evolution, I anticipate a great deal of activity going forward as we advise more companies within digital and mobile media.”
Mr. Boidman has become one of the most recognizable investment bankers in the out-of-home media space. Earlier this year he was elected to the 2014 Board of Directors of Digital Signage Federation (DSF), a not-for-profit trade organization serving the worldwide digital signage, interactive technologies and digital-out-of-home media industries. His clients have included Branded Cities, Cox Enterprises, Fairway Media, General Atlantic, Liberty Media, Lionsgate Entertainment, Scripps Networks Interactive, TiVo and Van Wagner.
Mr. Boidman is a frequent speaker at industry events, including the Digital Signage Expo and the Annual Daily DOOH/Digital Signage Investor Conference. He received joint LL.B and B.C.L. degrees from the Faculty of Law at McGill University.
About Peter J. Solomon Company
Peter J. Solomon Company (PJSC) is a leading independent investment banking firm headquartered in New York, City. Founded in 1989, the Firm provides owners, boards of directors, chief executives and senior management of public and private companies with strategic and financial advice.
PJSC has successfully completed more than 500 strategic and financial advisory assignments in the form of mergers, acquisitions, divestitures, restructurings, recapitalizations, refinancings and fairness opinions. PJSC has also built a successful practice defending companies in proxy and take-over contests. The Firm’s clients represent industry leaders in retail, apparel, wholesale and catalogue distribution; e-commerce; media, entertainment, communications and technology; health care, pharmaceuticals and life science; branded and unbranded consumer products and industrial products.