Miller Buckfire & Co. is an
investment banking
Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by und ...
firm that provides various advisory services, focused on
corporate restructuring
Restructuring or Reframing is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. ...
s. In addition to its core restructuring business, the firm provides
merger and acquisition
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...
advisory and valuation services as well as capital raising, and private placements of debt and equity. The firm specializes in the transportation, retail, media and communication, entertainment, power, food and consumer and financial services sectors. The firm is based in
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
.
The various investment bankers of Miller Buckfire collectively have represented more than 100 companies, restructured approximately $350 billion of debt, advised on over $19 billion of mergers and acquisitions and raised more than $60 billion in financing.
Since its founding in 2002, Miller Buckfire has served as restructuring advisers on several major bankruptcies including
Caesars Entertainment Corporation
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven g ...
, The City of
Detroit
Detroit ( , ) is the List of municipalities in Michigan, most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from Windsor, Ontario. It had a population of 639,111 at the 2020 United State ...
,
COFINA
Medialivre S.A. (formerly Cofina Media) is a Portuguese media conglomerate. The company was established in 1995. It has its headquarters in Porto.
Group brands
Medialivre publishes four newspapers: '' Correio da Manhã'', '' Record'', ''Jor ...
(in connection with the Puerto Rico bankruptcy), Seadrill, Rand Logistics,
Calpine,
Dura Automotive Systems,
Dana Holding Corporation
Dana Incorporated is an American supplier of axles, driveshafts, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light v ...
,
General Growth Properties
GGP Inc. (an initialism of General Growth Properties) was an American Commercial property, commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin Bucksbaum, Martin, Ma ...
,
Kmart
Kmart ( ), formerly legally registered as Kmart Corporation, now operated by Transformco, is a department-store chain and online retailer in the United States and Territories of the United States, its territories. It operates four remaining Kma ...
,
Mirant
GenOn Energy Holdings, formerly Mirant Corporation, was a subsidiary of GenOn Energy, and is now a part of NRG Energy.
The company was spun off from its former parent, Southern Company, on April 2, 2001. The company was merged into GenOn Energy ...
,
Polaroid,
Reader's Digest
''Reader's Digest'' is an American general-interest family magazine, published ten times a year. Formerly based in Chappaqua, New York, it is now headquartered in midtown Manhattan. The magazine was founded in 1922 by DeWitt Wallace and his wi ...
,
Aeropostale, and
The Weinstein Company
The Weinstein Company, LLC (usually credited or abbreviated as TWC) was an American independent film production and distribution company, which was founded in New York City by Bob and Harvey Weinstein on March 10, 2005. TWC was one of the larg ...
.
History
Miller Buckfire was founded in July 2002 as Miller Buckfire Lewis & Co. by Henry Miller, Kenneth Buckfire and Martin Lewis, who previously led the
restructuring
Restructuring or Reframing is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. ...
groups at
Dresdner Kleinwort Wasserstein
SG Kleinwort Hambros is a private bank owned by Société Générale that offers financial services from offices throughout the United Kingdom, Channel Islands and Gibraltar.
History
In June 2016, Société Générale acquired Kleinwort Benson ...
and
Wasserstein Perella & Co. Following the acquisition of Wasserstein Perella by
Dresdner Kleinwort Benson in 2001, Miller, Buckfire and Lewis found they were being precluded from many restructuring assignments due to conflicts with Dresdner's loan portfolio. As a result, the trio acquired their business through a spinout from Dresdner and launched Miller Buckfire as an independent firm.
In 2003, the firm added a fourth partner David Ying to form Miller Buckfire Lewis Ying & Co. but following the 2004 departure of Martin Lewis and the 2005 departure of David Ying, the name of the firm was shortened to its current Miller Buckfire & Co.
In 2007,
Sal. Oppenheim
Sal. Oppenheim was a German private banking, private bank founded in 1789 and headquartered in Cologne, Germany. It provided asset management solutions for wealthy individual clients and institutional investors. In 2009, the bank became a subsidia ...
acquired 10% of Miller Buckfire as part of a strategic partnership between the two firms.
Miller Buckfire & Co., LLC of the U.S. and Sal. Oppenheim jr. & Cie. of Germany Announce Strategic Alliance
.
Former American Express
American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment card industry, payment cards. It is headquartered at 200 Vesey Street, also known as American Expr ...
Chairman and CEO Harvey Golub was appointed Chairman of Miller Buckfire in October 2011.
In 2012, the company was acquired by Stifel Financial
Stifel Financial Corp. is an American multinational independent investment bank and financial services company created under the Stifel name in July 1983 and listed on the New York Stock Exchange on November 24, 1986. Its predecessor company was ...
.
References
External links
Miller Buckfire
(company website)
{{DEFAULTSORT:Miller Buckfire and Co.
Financial services companies based in New York City
Investment banks in the United States
Financial services companies established in 2002
Banks established in 2002
2012 mergers and acquisitions