FON Advisors formed FON Corporate Finance, a new entity with an initial focus on the aerospace, defense and government industry which will provide professional, strategic, and financial advisory services associated with sell side M&A advisory, buy side M&A support, corporate divestitures, management, ESOP and leveraged buyouts, and debt and equity recapitalizations. The new entity also will provide guidance for companies new to the capital markets, assist in finding additional capital sources and facilitate capital structure improvement.
“This is an important strategic decision for FON Advisors and a natural expansion of our existing advisory platform,” David Walsh, managing partner of FON Advisors, said.
Jason R. Frank will manage FON Corporate Finance as CEO of the company while also serving as president of FON Advisors. Frank joined FON Advisors in March and is a specialist in investment banking, strategy and corporate finance with corporate M&A experience. Frank has expertise in assessing going concern enterprise values and has assisted companies in finding equity and debt financing for growth, leveraged buyouts and various other refinance purposes.
In addition, Cameron Hamilton will be a managing director of FON Corporate Finance. In this role, Hamilton will be responsible for aerospace, defense and government transactional advisory services and business and strategic development as FON continues to expand its advisory services to investment banking clients seeking strategic solutions such as merger and acquisitions, recapitalization, debt restructuring, management and ESOP buyouts, capital for business expansion, ownership succession, and management transition.
Hamilton was previously a senior managing director and partner at The McLean Group where he began working in 2001. He has been involved in more than 75 sell- and buy-side M&A and capital formation engagements.
“We’re thrilled to have Jason and Cameron join our team and continue to fuel our growth,” Walsh said. “Since launching our advisory business a few years ago, we have had tremendous success attracting clients that are looking for our unique combination of practical experience, strategic experience and day-to-day agility. We continue to look to add high-quality, proven and responsible professionals to the FON platform, and welcome Jason and Cameron to the FON family.”
FON Corporate Finance will focus on small and middle-market companies headquartered in the U.S., as well as larger companies wishing to acquire, merge or divest divisions. The company will prefer transactions ranging from $20 million to $250 million but will consider transactions outside of this range. The company will draw upon the platform of advisory services currently being provided by the broader FON Advisors organization to the aerospace, defense and government market including management consulting, investment banking, valuation advisory and investing.
The company plans to be industry-agnostic in the long term, leveraging team experience in retail, consumer products, manufacturing, healthcare, business and professional services, financial services, automotive, energy and technology.
“I have been in the investment banking world for many years. I can say with certainty that FON Corporate Finance brings an entirely new dimension to corporate advisory services in the ADG industry, creating additional value for clients through specific expertise provided by the FON Advisors platform,” Frank said.
