SOLIC Capital, together with each of its affiliates, “SOLIC,” an integrated principal investing, distressed asset management, and financial advisory firm, today announced the completion of its platform with the transition of Navigant Capital Advisors’ Investment Banking and Restructuring Group into an affiliate of SOLIC, forming SOLIC Capital Advisors, LLC (“SCA”).
SOLIC was formed in 2012 by Edward R. Casas, and his team of professionals who have worked together for over 15 years on hundreds of mandates across multiple disciplines and industry sectors. Dr. Casas previously served as Head of Navigant Capital Advisors for nearly a decade, and is an investment banking and restructuring industry veteran.
The purpose of SOLIC’s formation was driven by client demand since Navigant typically provides consulting-related solutions, not capital deployment in distressed situations. The SOLIC team has now completed an integrated platform that provides principal investing capital solutions, distressed asset management, investment banking, and restructuring advisory services in an efficient, cost-effective, industry-leading solution for middle-market special situations and consolidation activities.
“The addition of SCA brings to market a business model and operating philosophy we believe to be an industry first,” said Dr. Casas. “Our principal investing and distressed asset management teams have now been joined by a sophisticated, seasoned financial advisory arm that has worked on hundreds of restructurings and M&A transactions for both troubled and growth-oriented companies in a wide variety of industries. SOLIC can now leverage its deep experience to provide efficient and cost-effective solutions to any middle-market capital or operating special situation.”
Under the leadership of Dr. Casas, SOLIC’s team has successfully consummated over 475 mandates involving principal investments, fiduciary operating roles, financial advisory, capital placements, mergers, acquisitions, divestitures, and restructurings involving over $90 billion in capitalization.
SOLIC comprises three distinct yet interrelated components: Principal Investing, Distressed Asset Management, and Financial Advisory, with deep experience across a wide array of industry sectors including: business / professional services; consumer / retail; energy; financial services; healthcare; industrial / manufacturing; infrastructure; and real estate / construction operating companies.
Financial Advisory: SOLIC Capital Advisors (SCA) is a boutique investment bank that provides merger, acquisition, divestiture, and restructuring advisory; capital placement; and valuation services to corporations, institutional investors and other constituents. Together, SCA professionals have worked on capital restructuring, sell-side / buy-side advisory and capital placement transactions involving over $90 billion in capitalization. SOLIC Capital, LLC is the registered FINRA licensed broker-dealer.
Principal Investing: SOLIC Capital Management (SCM) is the principal investing arm of SOLIC. It focuses on control or influence positions in middle market companies requiring operational rehabilitation and/or capital restructuring. SCM has been active in the market. Most recently, in August 2013, SCM closed on the acquisition of Eagle Hospital Physicians, a Dallas, TX and Atlanta, GA-based hospitalist staffing company.
Distressed Asset Management: SOLIC Capital provides a solutions set to investors, lenders and creditors in the management of distressed assets resulting from failed financial institutions, poorly-performing hedge funds, and troubled private equity portfolios. The firm provides turn-key portfolio services to single companies, as well as to portfolios of unrelated, distressed assets including oversight, fiduciary decision-making and back-office administrative services and litigation management. SOLIC currently manages in excess of $300 million of diverse asset portfolios.
SOLIC maximizes stakeholder value by providing a one-source solution set that addresses the financial advisory, principal investing and distressed asset management requirements of middle-market situations.