Latest news with #D.A.Davidson
Business Wire
3 days ago
- Automotive
- Business Wire
D.A. Davidson Acts as Exclusive Financial Advisor to Hanmar on Its Sale to Alpha Metalcraft Group
WASHINGTON--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Hanmar, LLC on its sale to Alpha Metalcraft Group ('AMG'), a portfolio company of Industrial Growth Partners ('IGP'). Hanmar represents the first add-on acquisition for AMG following IGP's acquisition in July 2024. '[D.A. Davidson's] understanding of the business, industry knowledge, and relationships played a critical role in achieving a successful outcome,' said Hanmar Owner, John Schachtner. Share With a history dating back more than 55 years, Hanmar, headquartered in Pacoima, CA, manufactures complex, thin-walled parts and assemblies from specialty alloys that are built to tight tolerances for demanding applications in the commercial aerospace, defense, and space end markets. Hanmar is a technical leader in the metal forming industry, manufacturing fluid and gas conveyance systems and other components for blue-chip A&D customers via differentiated processes such as metal spinning and deep draw metal forming. 'The team at D.A. Davidson was instrumental to this process, and we are thankful for the guidance they provided throughout and helping us find in AMG and IGP the ideal partner to support Hanmar's next phase of growth. Their understanding of the business, industry knowledge, and relationships played a critical role in achieving a successful outcome,' said Hanmar Owner John Schachtner. 'Partnering with AMG marks an exciting new chapter for us,' said Hanmar President Peter Lee. 'AMG's deep industry expertise and strategic support makes it the perfect fit and allows us to enhance our capabilities, expand our reach, and better serve our customers.' 'We are thrilled to welcome Hanmar into the AMG family,' said AMG CEO Alec Searle. 'Hanmar's expertise in metal spinning and deep drawing and commitment to serving mission-critical A&D applications aligns perfectly with our strategic vision. Hanmar deepens our metal forming expertise while providing a highly strategic Southern California location, allowing us to better address our customers' most challenging and complex metal formed component requirements.' The transaction represents another successful closing by D.A. Davidson's Aerospace, Defense, and Government Services practice and highlights the continued momentum in D.A. Davidson's Diversified Industrials Investment Banking Group. D.A. Davidson's Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International. Deal Team Contacts George 'Toby' Albright III, Managing Director | Washington, D.C. | talbright@ Bobby Micsak, Director | Denver | bmicsak@ Dan Prendergast, Associate | Denver | dprendergast@ 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, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 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; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services. For more information, visit
CNBC
24-07-2025
- Business
- CNBC
D.A. Davidson's Luria: Alphabet's other properties are being held back by uncertainty about search
Gil Luria, D.A. Davidson analyst, joins CNBC's 'Squawk on the Street' to discuss why he's maintaining his neutral rating on Alphabet despite the company's strong quarter, why he's in favor of a company break up, and much more.
Business Insider
19-07-2025
- Business
- Business Insider
Washington Federal (WAFD) Gets a Hold from D.A. Davidson
In a report released yesterday, Jeff Rulis from D.A. Davidson maintained a Hold rating on Washington Federal, with a price target of $33.00. The company's shares closed yesterday at $29.73. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Rulis is a 5-star analyst with an average return of 15.2% and a 71.20% success rate. Rulis covers the Financial sector, focusing on stocks such as Columbia Banking System, Enterprise Financial Services, and First Interstate Bancsystem. In addition to D.A. Davidson, Washington Federal also received a Hold from Piper Sandler's Matthew Clark in a report issued yesterday. However, on July 16, TR | OpenAI – 4o reiterated a Buy rating on Washington Federal (NASDAQ: WAFD). WAFD market cap is currently $2.38B and has a P/E ratio of 11.35.
CNBC
17-07-2025
- Business
- CNBC
U.S.-UAE Nvidia deal hold-up is to prevent China from gaining the lead in AI: Analyst
Gil Luria from D.A. Davidson discusses the national security concerns around the report that U.S. officials are delaying a deal for the UAE's purchase of Nvidia AI chips.
Yahoo
08-07-2025
- Business
- Yahoo
Prime Day fuels consumer demand for Amazon & other retailers
Amazon's (AMZN) Prime Day multi-day sale is underway, from Tuesday, July 8 until Friday, July 11. D.A. Davidson's head of technology research, Gil Luria, joins Market Catalysts host Julie Hyman and Siebert Financial chief investment officer Mark Malek to discuss the event and what it means for the retail space and investors. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
