Matrix Capital Markets Group announced the following promotions for members of its energy and multi-site retail group:

M. Vance Saunders, CPA has been promoted to the position of vice president. He has been a member of the Matrix energy & multi-site retail team for six years. Saunders will assume responsibility for managing transactions and continue to support work on others. He previously worked in the business assurance and advisory services group for the public accounting firm of Keiter, Stephens, Hurst, Gary & Shreaves, as well as the treasury group of Capital One Financial.

Sean P. Dooley has been promoted to associate. Dooley will be an integral member of various transaction teams and will assume responsibility for training new analysts. Prior to joining the Matrix in 2010, Dooley was an associate in the forensic and valuation services group for the public accounting firm of Ellin & Tucker.

Matrix’s energy and multi-site retail group provides transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience store chains, petroleum marketers, fuels distributors, retail propane distributors, heating oil distributors, lubes retailers and distributors, terminal operators, fuels transportation companies, hospitality companies, and other specialty retail chains.

Richmond, VA-based Matrix Capital Markets Group is a middle-market investment bank focused on providing merger & acquisition and financial advisory services for corporate and privately-held companies, including sales and divestitures, staged liquidity transactions, management buyouts, and debt & equity placements.