D.A. Davidson Hires Gary Morabito to Lead Technology Equity Capital Markets
May 06 2024 - 9:51AM
Business Wire
Gary Morabito joins D.A. Davidson as Managing Director to lead
Equity Capital Markets for emerging private and public technology
companies.
D.A. Davidson & Co. announced that Gary Morabito has joined
the Equity Capital Markets Group as Managing Director.
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Gary Morabito joins D.A. Davidson as
Managing Director to lead Equity Capital Markets for emerging
private and public technology companies. (Photo: Business Wire)
In this new role, Morabito will work across Capital Markets,
Investment Banking, Institutional Research, Sales and Trading,
Davidson Engage (DEN), and Sponsor Coverage to bring the firm’s
full-service platform to its technology clients.
“Technology is one of the most active sectors for overall
capital markets activity and one of our largest industry groups,”
said Rory McKinney, President of D.A. Davidson Equity Capital
Markets. “We are seeing continued dislocation in the market and an
opportunity to strengthen our platform with the right people. We
have unique distribution capabilities and relationships with
growth-oriented investors driven by unmatched industry expertise
across Technology Investment Banking, Equity Research, and our DEN
network. Gary will play a critical role in delivering our full
suite of equity capital markets services to the most attractive
public and privately held technology businesses in the market.”
With nearly 20 years of experience, Morabito joins us after 17
years at William Blair. Most recently, he was instrumental in
building out the firm’s highly successful ECM platform and has
advised both private and public companies on over 350 transactions
including initial public offerings, follow-on offerings,
convertible debt offerings, private placements, at-the-market
offerings, and registered directs. He received his bachelor’s
degree in economics from Denison University.
“Gary has demonstrated experience and leadership in equity
capital markets,” commented Tim Monfort, Managing Director at D.A.
Davidson Equity Capital Markets. “We have a tremendous amount of
momentum at D.A. Davidson. His deal execution expertise is an
immediate value-add to our team and the clients we serve, we are
excited to have him join the firm.”
D.A. Davidson’s Technology Equity Research team is highly
tenured, with an average industry experience of 20 years, and
covers over 100 public companies across financial technology,
internet services, security and infrastructure, semiconductor
capital equipment, and software. The team is deeply connected with
the private markets, highlighted by its proprietary report The
Herd, a highly sought after yearly review of the top 100 emerging
private financial technology and software companies based in the
U.S. and globally.
With a senior team of over 20 research analysts that cover over
500 public and private companies, D.A. Davidson & Co.’s Equity
Capital Markets group provides a full-service platform offering
expertise to middle-market companies across four industries of
focus: consumer, diversified industrials, financial institutions,
and technology. D.A. Davidson is widely recognized for providing
timely investment ideas supported by insightful analysis to
institutional clients.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services
firm offering a range of financial services and advice to
individuals, corporations, institutions, and municipalities
nationwide. Founded in 1935 with corporate headquarters in Great
Falls, Montana, and regional headquarters in Denver, Los Angeles,
New York, Omaha and Seattle, the company has approximately 1,600
employees and offices in 29 states.
Subsidiaries include D.A. Davidson & Co., a full-service
investment firm providing wealth management, investment banking,
equity and fixed income capital markets services, and advice;
Davidson Investment Advisors, a professional asset management firm;
and D.A. Davidson Trust Company, a trust and wealth management
company.
For more information, visit dadavidson.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240502701461/en/
Emily Roy Prosek for D.A. Davidson (646) 818-9232
eroy@prosek.com