RICHMOND, Va. -- Matrix Capital Markets Group has announced the acquisition by management of Matrix Capital Markets Group Inc. and Matrix Private Equities Inc. from AXA Financial Inc., the company's former parent.
The 17-year-old company, which is a leading middle market investment bank that specializes in merger and acquisition advisory services for privately held companies, including in the petroleum industry, was acquired by the MONY Group Inc. in 2001, which was subsequently purchased by AXA Financial last year.
"By taking [image-nocss] the company private, we are embracing the entrepreneurial spirit that has contributed to Matrix's success," said Jeffrey G. Moore, president of Richmond, Va.-based Matrix. "We will continue to follow our passion for representing those shareholders who manage their businesses on a day-to-day basis. Although we have always specialized in serving privately held companies, we are returning to our roots, proving that we truly understand the needs of private business as we are a private business."
In addition to Moore, the three other primary shareholders are William H. Weirich, Michael C. Morrison and Thomas E. Kelso, with equity participation from the senior professionals at the firm.
Matrix Capital Markets Group is a leading middle market investment bank headquartered in Richmond, Virginia. It specializes in merger and acquisition and financial advisory services including exclusive sales and divestitures, management buyouts and debt and equity placements.
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