Daily News: July 17, 2012

Macquarie Appoints Frawley to Senior Managing Director, Head, M&A

Macquarie Group announced that James F. Frawley will be joining the firm as a senior managing director and U.S. head of Mergers & Acquisitions. Frawley will join Macquarie from FBR & Co., where he served as head of Mergers & Acquisitions and head of FBR’s New York investment banking office.

“I am delighted to welcome Jim to Macquarie,” said Rob Redmond, U.S. head of Macquarie Capital, the firm’s corporate finance group. “Jim’s deep M&A expertise complement our already strong product offerings and will further help us to deliver holistic and customized solutions to our clients.”

Frawley will bring significant M&A expertise to Macquarie. Prior to joining FBR, he was the co-founder of Legacy Partners Group Inc., an independent investment banking firm that was acquired by FBR in 2007. Prior to Legacy, Frawley headed the mergers and acquisitions effort in the global chemicals sector at Credit Suisse First Boston (CSFB). He joined CSFB in November 2000 when CSFB acquired Donaldson, Lufkin & Jenrette. At DLJ, Frawley had served in the firm’s Exclusive Sales Group and was a senior vice president in the M&A Group.

At Macquarie, Frawley will report to Michael Silverton, head of U.S. Product Banking for Macquarie Capital. “We have a significant amount of transaction momentum with clients across the entirety of our advisory, capital markets and principal investing activities. Jim’s addition to our team further builds on our franchise momentum.”

Frawley started his investment banking career at The Bridgeford Group, a cross-border M&A boutique. He then joined The Beacon Group, a merchant banking firm that provided M&A advice and managed several private equity funds. Over the course of his career, Frawley has covered many industries, including chemicals, packaging, business services, healthcare, manufacturing and financial services. He earned an M.B.A. from Columbia Business School and a B.A. in Economics and English from the University of Pennsylvania.

Some of the transactions in which Frawley has been involved include Pilgrims Pride’s acquisition of GoldKist; the sale of Patriot Capital to Prospect Capital; the sale of Datapath to Rockwell Collins; TMM’s acquisition of Taylor Morrison; the merger of Eggland’s Best with Land o’ Lakes; the sale of Surgery Partners to HIG Capital; and the sale of American Community Properties Trust to Federal Capital Partners. Frawley will join Macquarie in September.

Macquarie Group is a provider of banking, financial, advisory, investment and funds management services.