July 28, 2014
London, July 28, 2014
Moelis & Company (NYSE: MC), a leading global independent investment bank, today announced the appointment of Philip Smith as a Managing Director providing financial and strategic advice to industrial clients, with a specific focus on capital goods and automotives, in the Europe, Middle East, Africa (EMEA) region.
Mr. Smith was previously with Citigroup in both London and New York and has spent more than 17 years in the industry. At Citi, he was a Managing Director covering the bank’s large global diversified industrial clients with a focus on electrical equipment, automotive, flow control and machinery. Prior to Citi, Mr. Smith qualified as an accountant with Deloitte.
Matt Prest, Co-Head of Europe at Moelis & Company, said, “Historically, the industrials sector has been very active in M&A and we are seeing strong signs of increased activity from both corporates and financial sponsors. Strong balance sheets and broader economic stability are two of the key factors giving CEOs increased confidence to implement strategically important deals that have been on their radar for some time. We are delighted that Philip is joining us to provide our clients with the benefit of his experience and industry knowledge.”
About Moelis & Company
Moelis & Company is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters. The Firm serves its clients with nearly 500 employees based in 15 offices in North and South America, Europe, the Middle East, Asia and Australia. For further information, please visit: www.moelis.com.
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