2019 Archives
Skyway Capital Markets, LLC is pleased to announce Mr. Henry Schmitt has joined the firm as Managing Director. Mr. Schmitt focuses on the commercial tire market, light manufacturing, and other middle market industrial businesses, assisting companies with M&A activities, financing growth, and market consolidation on the buy or the sell side. Prior to joining Skyway […]
Russ Hunt, CEO of Skyway Capital Markets along with Alan Randolph, Bank OZK regional director, both Tampa-based, have been selected to a national list of notable financial executives. The Business Journals’ Influencers: Finance program spotlights 100 executives who are having an impact on business being done in communities across the nation. These 100 executives represent […]
Skyway Capital Markets served as Managing Dealer for the Atlanta, GA-based Mill Green Opportunity Fund V, raising $40.6 million. The primary objective of the Fund is value creation through the development and stabilization of Class A multifamily real estate development properties. The Fund is investing in the new construction of 1400 apartment units across five projects […]
Interview with Chairman Marty Traber: Excerpt: How would you describe what your company does to a friend or family member who may not know? We assist middle market and lower middle market business owners in raising both debt and equity capital and ultimately in selling their business.
American Banker Excerpt: Bank consolidation in Miami is picking up, with more deals expected in the coming months. More banks will likely want to bulk up around Miami, said Dennis Holthaus, a managing director for Skyway Capital Markets in Tampa, Fla. The only issue is the limited number of community banks available, which is likely […]
American Banker Excerpt: The $655 million-asset Power Financial Credit Union in Pembroke Pines, FL announced that it had agreed to buy the $204 million-asset TransCapital Bank in Sunrise, FL. The deal is expected to close in the third quarter. This marks the fourth deal announced this year where a credit union is acquiring a bank. […]
American Banker Excerpt: Florida remains a popular market for credit unions keen on buying community banks. The $2.2. billion-asset Fairwinds Credit Union in Orlando has agreed to buy the $95 million-asset Friends Bank in New Smyrna Beach. The deal is expected to close in the third quarter. Fairwinds was advised by Shutts & Bowen and […]
Excerpt: What does it take to lure investors? Mike Faraone, an owner and senior managing director at Skyway Capital Markets, a Tampa-based investment firm, offers some insider tips. First of all, Faraone says, transparency is everything. “You want to make sure you’re not keeping any secrets, because eventually they get found out. If they get found out […]
Credit Union Journal Excerpt: The number of deals involving credit unions buying whole banks has been on the rise, and 2019 could see double last year’s total. Nine whole-bank acquisitions were disclosed in 2018, and another two deals have already been announced this year, with another one potentially on the horizon in Arkansas. … “My […]
We welcome Jake Zwiebel as an Investment Banking Analyst. Zwiebel comes to Skyway Capital Markets from Bloomberg in New York City where he was a Portfolio Analyst and Account Manager tasked with consulting New York hedge fund clients to help them achieve investment, risk and research objectives. As an Investment Banking Analyst for Skyway, Jake […]
Excerpt: When Vystar CU agreed to acquire the assets of Perry, Fla.-based Citizens State Bank, it marked the first deal of the New Year involving a credit union buying a bank. At closing the deal would be the largest U.S. credit union ever to buy a community bank, according to S & P Global Market […]