Chicago, IL (PRWEB) April 24, 2012
Verit Advisors announced the opening of a second office in Minneapolis and the addition of Brooks D. Myhran. Mary Josephs, Founder and CEO, of Verit Advisors formally made the announcement today at the National Employee Ownership Conference (NCEO). Myhran is named Managing Director bringing additional expertise in specialized valuation services and mergers and acquisitions to Verit Advisors.
Myhran has more than 25 years of investment banking and valuation experience executing ESOP transactions, mergers and acquisitions, recapitalizations and providing sophisticated financial advisory services including all manner of valuations, fairness and solvency opinions. Previously Myhran founded Orsus Advisory Services, LLC. Prior to that Myhran was a managing director of Lazard Middle Market (formerly Goldsmith Agio Helms where he had been a shareholder prior to the sale of the firm) for 17 years. In addition, he was an officer and shareholder at Duff & Phelps. Myhran holds a Master of Business Administration degree in Finance from the University of Chicago and a Bachelor of Arts degree in Economics from Stanford University. Myhran is also a chartered financial analyst (CFA).
Josephs said, “Myhran’s background is an excellent fit for Verit Advisors and we are excited to expand our services to include special opinion and valuation services for our middle market clients while also bolstering our M&A expertise.” Josephs added that Minneapolis is a strategic location for Verit’s first expansion as it is a primary business center in the upper Midwest with an economy heavily based in commerce and finance.
“I am pleased to be joining the Verit organization,” Myhran stated, “as it represents a synergistic fit for me. Mary has built an impressive investment banking firm in a short amount of time and I’m excited to have the opportunity to join her team and help Verit Advisors round out its service offerings.”
About Verit Advisors
Verit Advisors unites sophisticated middle market investment banking capabilities with a client centric boutique, fluent in ESOPs, debt and equity capital markets, and mergers and acquisitions. Integrity, teamwork, service and innovation are at the heart of the organization, as the Verit Team strives to provide unparalleled advice and custom solutions to its clients. Mary Josephs founded Verit Advisors in 2009 and has nearly three decades of experience in the world of corporate finance. Josephs and her team are considered to be the foremost experts in ESOP transactions and middle market strategic alternatives.