Brad Scherer Promoted to Managing Director for Navidar

AUSTIN, Texas--(BUSINESS WIRE)--Navidar is pleased to announce the promotion of Brad Scherer to Managing Director. In his new role, Brad will be responsible for developing and growing the firm in addition to sourcing and leading execution for M&A and capital raising transactions.

“Brad has been a key part of our success, and we were thrilled to promote him,” said Stephen Day, Co-founder of Navidar. Brad joined the firm in 2017 as Vice President and has helped the firm successfully close over 13 M&A transactions. “Brad has demonstrated excellent leadership by mentoring and training our junior bankers who have been very appreciative of Brad’s guidance. Clients benefit from Brad’s superior dedication, leadership, and attention to detail on deals,” Stephen added.

Prior to Navidar, Brad was an investment banker advising clients in the maritime, oil service, mining, and infrastructure industries. He worked on public and private capital raises and M&A, first as an analyst at Jefferies & Company and then as an associate at Clarkson Capital Markets. Brad complements his investment banking background through his experience executing buyside transactions at an Austin-based commercial real estate investment firm and his cross-border work in investor relations for European-based SBM Offshore.

About Navidar

Navidar Holdco LLC, with a presence in Austin, Atlanta, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, is an investment banking firm that provides strategic merger and acquisition advice, capital raising solutions, and corporate advisory services to businesses and investors in dynamic industries. The firm focuses on SaaS software, eCommerce & Internet, information technology services, specialty manufacturing, and health care information technology companies. Navidar principals have completed more than 400 transactions representing over $110 billion in M&A and capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC, an affiliate of Navidar Holdco LLC, is a broker-dealer that is registered with FINRA and SIPC. To learn more, visit www.navidar.com.