Former Morgan Stanley senior investment bankers Gordon Dean, Mark Bradley, Nicholas Osborne, Bryan Andrzejewski and Robert Berner today announced the launch of Dean Bradley Osborne, a new investment banking firm with presence in San Francisco and New York City.
With more than 100 years of collective experience advising global leaders on their most important strategic and financial transactions, the boutique firm, to be known as DBO Partners, offers bulge bracket expertise across a range of investment banking advisory services, including: mergers and acquisitions, leveraged buyouts, restructuring, debt and equity capital raising, shareholder relations and financing and general partner advisory services.
In a joint statement, the partners said: "By bringing together a banking team with an exceptional track record across a range of products and industries in an environment free of institutional conflicts, Dean Bradley Osborne provides superior focus on and results for our clients."
As part of its launch, Dean Bradley Osborne also announced that it has served as a financial advisor to URS Corporation in its $1.26 billion acquisition of Flint Energy Services Ltd.
At Morgan Stanley, Dean previously served as a Managing Director and as a Vice Chairman of Investment Banking; Bradley served as a Managing Director and Chairman of the Financial Sponsors Coverage Group; Osborne served as Managing Director and Head of Global Technology M&A; Andrzejewski served as Head of West Coast Corporate Finance Execution; and Berner served as Head of the Food, Beverage and Consumer Group and was subsequently a partner at CVC Capital.
"We are all grateful for our many years at Morgan Stanley, the relationships we built with our clients and our former colleagues there, and we look forward to continuing to build on those important relationships," they added.
A spokesman at Morgan Stanley declined to comment on the move.
The new boutique plans to hire aggressively from Morgan Stanley and other Wall Street banks, according to a variety of reports.