Miller Buckfire & Co. is an
investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
firm that provides various advisory services, focused on
corporate restructuring
Restructuring 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. Other reasons ...
s. In addition to its core restructuring business, the firm provides
merger and acquisition 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.
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 go ...
, The City of
Detroit,
COFINA (in connection with the Puerto Rico bankruptcy), Seadrill, Rand Logistics,
Calpine,
Dura Automotive Systems Dura Automotive Systems (or Dura) is an independent designer and manufacturer of automotive components, including control systems, exterior systems and lightweight structural systems. Dura markets its automotive products to every North American, As ...
,
Dana Holding Corporation,
General Growth Properties,
Kmart,
Mirant,
Polaroid,
Reader's Digest,
Aeropostale, and
The Weinstein Company.
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 groups at
Dresdner Kleinwort Wasserstein
Kleinwort Hambros is a private bank owned by Société Générale that offers financial services from offices throughout the United Kingdom and Channel Islands. Kleinwort Hambros focuses on private banking, providing a range of services for h ...
and
Wasserstein Perella & Co. Following the acquisition of Wasserstein Perella by
Dresdner Kleinwort Benson
Kleinwort Hambros is a private bank owned by Société Générale that offers financial services from offices throughout the United Kingdom and Channel Islands. Kleinwort Hambros focuses on private banking, providing a range of services for high ...
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 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 subsidiary of Deutsche Ba ...
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 (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. The company was found ...
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 its present name in July 1983 and listed on the New York Stock Exchange on November 24, 1986. Its predecessor company wa ...
.
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