Harney Capital, a newly formed national boutique investment banking firm, is launching to provide comprehensive capital and M&A solutions designed for private and closely held middle market companies.
Harney Capital is a collaboration inspired by the leaders at Harney Partners, a corporate advisory firm with a 30-year track record, along with 20-year investment banking veteran Eric Welchko, who will lead the new firm. While Harney Capital and Harney Partners will operate independently, they will maintain a strategic affiliation to enable shared advisory services and expertise.
“We are thrilled to fill a critical need for middle market companies that are navigating the complex capital market landscape and provide them access to services typically reserved for much larger companies,” Eric Welchko, president of Harney Capital, said. “Our strategic affiliation with Harney Partners enables us to provide our clients with seasoned veterans who have spent their careers solving complex corporate finance problems with world-class solutions.”
“Harney Capital is a natural progression to further extend Harney Partners’ existing transaction advisory services,” Jim Harney, president of Harney Partners, said. “Eric and his team have access to a vast network of buyers, investors and capital providers to support exit and succession plans, fund growth or simply buy more runway time, which will be a huge benefit to many of our clients.”
“I’ve worked closely with the team at Harney Partners for 10 years and have witnessed their acumen in dealing with privately held companies and securing confidence from sophisticated institutional capital providers, including banks, commercial finance and private equity firms,” Welchko said.