NEW YORK, NY, Nov. 30, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – D. Boral Capital, an investment bank headquartered in New York, today announced the closing of the acquisition of its broker-dealer, Benchmark Investments, LLC, a provider of a range of financial services to institutional and retail clients.
The transaction closed on November 9, 2023, significantly expanding D. Boral Capital’s capabilities and leadership across public and private markets for its growing roster of clients, with all broker-dealer resources and operations to be held under the D. Boral Capital brand. Benchmark Investments, LLC name has been changed to “D. Boral Capital LLC.” Additional details of the transaction were not disclosed.
David W. Boral, President of D. Boral Capital, added, “Incorporating broker-dealer functions and services into the firm will bring a higher degree of streamlined operations and efficiency for our clients. This acquisition also provides us with additional independence that gives more control and transparency to the deal process from start to finish. Our improved end-to-end solutions will position clients for long-term success across IPOs, SPAC IPOs, follow-on offerings, secondary offerings, shelf takedowns, M&A, advisory, acquisition financings, pre-IPO financings, and more. We look forward to introducing middle market and emerging growth companies around the world to an expanded D. Boral Capital.”
About D. Boral Capital
D. Boral Capital is an investment bank headquartered in New York, NY that provides strategic advice and financing solutions to middle market and emerging growth companies. D. Boral Capital has a proven track record of providing superior strategic advice to clients across the globe in any sector, with unique access to capital from the USA, Asia, Europe, UAE, and Latin America.
D. Boral Capital continues to be a leader on Wall Street, having raised over $15.8 billion in capital across more than 265 transactions through a variety of product types. Since 2022, by deal count, D. Boral Capital has been #1 in SPAC issuance and #1 in US IPO issuance, per SPAC Insider and Bloomberg. Taken together, D. Boral Capital is one of the most active investment banks in the middle market space. For more information visit dboralcapital.com .
Contact
David W. Boral
Chief Executive Officer
590 Madison Avenue, 39th Floor
New York, NY 10022
info@dboralcapital.com