Retail M&A Veteran Returns From Industry to Join Investment Bank
DENVER, February 3, 2009 (PR NEWSWIRE) –
Sue Field, the former Head of Merrill Lynch & Co.’s Retail Mergers and Acquisition Practice, has joined Reynolds Advisory Partners LLC, an investment bank specializing in mergers and acquisitions, capital raising and financial advisory services focused on middle market clients nationwide. As a Managing Director, Sue leverages her extensive career as both an investment banker and a senior executive in the retailing industry to help companies navigate in these challenging times. During her 13 year tenure with Merrill Lynch in New York, Sue became the third female Managing Director out of 125 worldwide and completed over 85 M&A transactions and financings worth over $40 billion during her career. Sue was hired away from Merrill to join Sears, Roebuck & Co. as SVP of Strategy, Planning & Business Development. Sue left retail to lead the initial public offering of a technology services firm that was subsequently sold to an international advertising company. She most recently served as the Chief Financial Officer of Natural Grocers by Vitamin Cottage in Denver. Ms. Field received an A.B. from Harvard with distinction and an MBA from the Darden School at the University of Virginia. She earned a CPA in Colorado in 2003 and has served as a senior consultant with two major management consulting firms since relocating to Colorado.
“We are excited to have Sue on board”, said Doug Reynolds, Founder and Managing Director of Reynolds Advisory Partners. “Our hallmark is to provide senior banker attention at each step of a transaction. Our clients benefit tremendously from Sue’s extensive experience and insights”. Adds Ms. Field, “we believe that consolidation will accelerate in retail and that retailers with a compelling platform will ultimately emerge even stronger. By combining the perspective of a CFO, banker and consultant, I believe we can uniquely guide market leaders and smaller retailers as they confront and adapt to these difficult economic conditions”.
Ms. Field has successfully completed transactions in the supermarket, drug store, department store, discount store, mass merchant, apparel, auto parts, furniture and other specialty retailing sectors. Among the deals she completed are the sale of then bankrupt Macy’s to Federated Department Stores, the sale of Stop & Shop to Ahold NV, the sale of Eckerd to JC Penney, the sale of Sears Western Auto to Advance Automotive, the sale of Sears Homelife Furniture to CVC, and the sale of Woolworth Canada to Wal-Mart. In addition to mergers and acquisitions, Ms. Field has also raised expansion capital for a variety of retailers.
Based in Denver, Reynolds Advisory Partners senior bankers have extensive experience in sell-side, buy-side, financing and IPO advisory assignments including Fairness Opinions and Special Committee representations and offers Operations Consulting and Wealth Management Introductory services.
About Reynolds Advisory Partners
Reynolds Advisory Partners LLC is an investment bank boutique specializing in mergers and acquisitions, capital raising, and financial advisory services focused on middle market clients nationwide. For more information, visit www.reynoldsap.com
SOURCE: Reynolds Advisory Partners (720) 542-7850