Sagent Advisors

Type| Private
Industry| Investment banking
Founded| 2004 (2004)
Founder| Joel Cohen
Herald "Hal" Ritch
Defunct| 2018
Headquarters| New York, New York, United States
Products| Mergers & Acquisitions, Fairness opinions, Restructuring advisory

Number of employees

| 60
Website| www.sagentadvisors.com

Sagent Advisors was an independent investment bank focused on providing financial advice on mergers & acquisitions, sales, divestitures, and private financing solutions. The firm focused on transactions in several core industry sectors, including Aerospace, Defense & Technology, Financial Institutions, Industrial, Automotive, Retail & Consumer and Technology, Media and Telecommunications.[1] The firm also had an active private equity financial sponsor coverage business and a Japan/Asia Focus Group, which provided Cross-border M&A transactions between Japan as well as other Asian countries and North America, formed when Sagent Advisors entered into a business alliance with Daiwa Securities.[2] Sagent Advisors was acquired by Daiwa Securities Group in 2018.[3]

## Contents

* 1 Services
* 1.1 Mergers and Acquisitions
* 1.2 Private Financing Solutions
* 1.3 Japan/Asia Focus Group
* 2 Industries
* 3 Early history
* 4 References
* 5 External links

## Services

### Mergers and Acquisitions

Sagent provided buy side advisory services, sell-side advisory services, defense advisory services and corporate transactions and reorganizations.

### Private Financing Solutions

Sagent's private financing solutions group provided customized financing solutions to privately held businesses, public companies and alternative investment firms, focusing on the following products: Equity & Equity Linked Securities, Structured Equity Securities, Mezzanine Debt Securities, Project Financing, PIPE Transactions, Synthetic Securities [citation needed] , Use of Proceeds- Contingent Acquisition and Bridge Financings, Corporate Spin-Outs, Growth financings, Recapitalizations, and Management Buyouts.

### Japan/Asia Focus Group

Sagent's Japan/Asia Focus Group specializes in cross-border M&A transactions between Japan as well as other Asian countries and North America. The group was formed when Sagent Advisors entered into a business alliance with Daiwa Securities, the second largest securities firm in Japan and a principal provider of financial services to many of Japan's major corporations.[4]

## Industries

Sagent's bankers focus on the following industries: Aerospace, Defense Technology, Government Services; Financial Institutions ; Financial Sponsors Coverage ; Industrial: Automotive, Building Products & Construction, Capital Goods & Multi-Industry, Distribution, Metals & Mining, Oil & Gas, Paper, Plastics & Packaging, Transportation & Logistics ; Technology, Media and Telecommunications: Financial Technology, IT Services & Outsourcing, Media & Information Practice, Telecommunications.

## Early history

Sagent was founded by Herald "Hal" Ritch and Joel Cohen, former co-heads of global mergers and acquisitions for Donaldson, Lufkin & Jenrette.[5] In March 2009, co-founder, Joel Cohen, retired from the firm.[6] In 2007, Sagent sold a 20% minority stake in the firm to Daiwa Securities, a Japanese financial institution.[7][8] In December 2013, Sagent Advisors and igc partners formed an alliance to deliver cross-border M&A advisory services in the US and Brazil.[9]

The firm, which was based at 299 Park Avenue in New York City , was founded in 2004. In April 2009, Sagent opened additional domestic offices in Charlotte, San Francisco and Chicago, recruiting several industry-focused teams from leading investment banks.[10] The firm has since closed its San Francisco office and downsized its Charlotte office to Tysons Corner, VA.

## References

1. ↑ "Original Thinking: Eschewing the "supermarket" mentality, former DLJ M&A vets get creative at Sagent Advisors". Investment Dealers' Digest. May 5, 2008. http://www.accessmylibrary.com/coms2/summary_0286-36554002_ITM.
2. ↑ "Daiwa Securities Group Acquires Minority Stake in Sagent Advisors". BusinessWire. April 27, 2007. http://www.businesswire.com/news/home/20070427005268/en/Daiwa-Securities-Group-Acquires-Minority-Stake-Sagent#.VNE_Lmh4ptB.
3. ↑ Advisory, D. C. S.. "Sagent Advisors And Signal Hill Combine To Form DCS Advisory, A Global M&A Advisory Firm And Part Of Daiwa Securities Group" (in en). https://www.prnewswire.com/news-releases/sagent-advisors-and-signal-hill-combine-to-form-dcs-advisory-a-global-ma-advisory-firm-and-part-of-daiwa-securities-group-300608009.html.
4. ↑ http://www.economist.com/node/101021
5. ↑ "Sagent Advisors Formed by Leading DLJ Alumni". June 4, 2004. http://findarticles.com/p/articles/mi_m0EIN/is_2004_June_4/ai_n6054023/pg_2/.
6. ↑ Joel Cohen, Co-Founder of Sagent Who Studied 1987 Crash, to Retire. WSJ, March 6, 2009
7. ↑ Daiwa Securities Group Acquires Minority Stake in Sagent Advisors . April 27, 2007
8. ↑ Daiwa Takes Stake in M&A Boutique Sagent: Deal comes as Japan's M&A market is expected to heat up. Investment Dealers' Digest, May 7, 2007
9. ↑ [1]
10. ↑ Sagent Hires Tech Team to Lead San Francisco Office. New York Times, April 27, 2009

## External links

* Sagent Advisors (company website)

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