Skyway announces strategic changes to facilitate growth objectives for the firm.
Rob Woomer who joined Skyway in August 2022, recently assumed the role of Chief Executive Officer of the firm and joined the Skyway Capital Markets Executive Committee alongside Roger Overby, Marty Traber and Mike Freeman. In addition, Rob will continue his role as Head of the Private Capital Advisory practice. Rob has played a key role in Skyway’s expansion in the retail fund advisory business.
“Since we opened the Buckhead office, our Private Capital Advisory team has doubled in size and expanded our scope and added coverage in the RIA space. We have re-aligned the internal wholesale team to be even more responsive and effective to our product sponsors’ needs and we are building the technological tools to support every aspect of the product sponsor process,” remarked Woomer.
Woomer cites the changing dynamics in alternative investments as a reason for the firm’s realignment. “As more financial advisors elect to become fiduciaries for their clients, the RIA channels will keep growing. That requires us to look at a different coverage model so that we can accommodate these shifts, and fortunately, we have hired some of the best in the business to prepare ourselves for this growth,” said Woomer about Skyway’s most recent hires.
Within the last quarter, the firm’s Private Capital Advisory practice named Ran Fuchs, Senior Vice President, Northeast Region, Krista Hughes, Vice President, Strategic Accounts and Theo Frelinghuysen, Senior Associate, Business Development.
“Our entire team has grown tremendously, not just in size but in depth of expertise. I am incredibly proud of the exceptional talent and dedication that each member brings to our firm,” Skyway Chairman Marty Traber remarked.
Additionally, Skyway’s Mergers & Acquisitions Advisory practice is keeping pace and anticipates an active third and fourth quarter. Jim DiCesaro recently rejoined the firm as Senior Managing Director, bringing back his extensive experience in healthcare/biotechnology, services, restaurants and consumer products. And so far in June, the team has announced two significant transactions including the recapitalization of Crowther Roofing & Cooling in partnership with Roofing Corp of America, a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to commercial and residential clients – Skyway served as the exclusive investment banker to Crowther for this transaction. In addition, Skyway announced that it advised Aqua ChemPacs, LLC (“Aqua ChemPacs”) on its sale to Solenis, a leading global producer of specialty chemicals.
Skyway is a multidisciplinary firm operating in investment banking which is focused on sell-side M&A representation for family- and founder-owned businesses and the managing broker/dealer business where the focus is on the wholesale distribution, origination, and evaluation of high-quality alternative investment vehicles to the Independent Broker-Dealer and Registered Investment Advisor channels.
About Skyway Capital Markets:
Founded in 2002, Skyway Capital Markets is a nationwide, award-winning investment banking firm that works with lower middle market companies, public and private, to deliver customized financial advisory services. The investment banking team has closed over $15 billion in public and private investment banking transactions. The managing broker-deal group facilitates the entire broker dealer process from initial due-diligence to distribution, utilizing a robust platform. Skyway ranked 77th on Inc. Magazine’s Southeast Regional list of fastest growing private companies for 2022. Skyway Capital Markets is headquartered in Tampa, Florida with an office in Atlanta, Georgia and is a member of FINRA and SIPC. For additional information, please visit www.skywaycapitalmarkets.com.
