Industry Veterans Launch Investment Banking Firm, Navidar Group

Navidar | October 23, 2009

INDIANAPOLIS, IN — We are pleased to announce the formation of the investment banking firm, Navidar Group LLC (“Navidar”), to provide advisory services to technology, business services, healthcare IT and specialty manufacturing companies. Navidar will focus on mergers and acquisitions, debt and equity capital raises and structuring, leveraged buyouts and other corporate finance assignments. Initially, Navidar will open offices in New York City and Indianapolis, and over time has plans to open additional offices throughout the middle-corridor of the United States.

Navidar was founded by experienced professionals who have executed over 165 transactions representing nearly $50 billion of transaction volume throughout their careers. Navidar’s leadership team has built their experience base as industry group leaders at Wall Street’s leading firms such as Goldman Sachs, Morgan Stanley, and UBS, serving a global client base.

In a joint statement, the founders of Navidar said, “We are excited to build on our historic track record of success by continuing to provide exceptional service with direct and honest advice in an environment free of institutional conflicts. We look forward to delivering best-of-class investment banking services to companies that are well positioned to unlock meaningful value for their respective owners.”

About Navidar Group LLC
Navidar Group, with offices in Indianapolis and New York, is an investment banking firm that provides businesses and investors in dynamic industries with strategic merger and acquisition advice, capital raising solutions and corporate advisory services. The firm focuses on technology, business services and health care information technology companies. Navidar principals have completed more than 165 transactions representing transaction volume of $26 billion in M&A and $22 billion in capital raising, for both private and public companies, over the past 20 years. Navidar Group LLC is a registered broker-dealer and member of FINRA and SIPC. To learn more about Navidar Group, please visit navidartest.wpengine.com.