Bailey & Company Grows Healthcare Banking Team With Four New Managing Director Hires; Expands Presence Into NYC and LA Markets
2024年7月10日 - 12:30AM
ビジネスワイヤ(英語)
Total of 14 new team members to join
organization
Bailey & Company, a Nashville-based merchant banking
platform focused on lower and middle market healthcare, technology
and insurance companies, announced today that it has expanded its
investment banking team with the addition of four new managing
directors: James Castro, James Metcalf, Ben Matz and Andrew
Hewlett. All four join Bailey & Company from B. Riley Financial
Services. As part of the expansion, James Castro and James Metcalf
have been named co-heads of the firm’s healthcare services
practice.
This strategic expansion underscores the firm’s commitment to
delivering expert advisory services in the rapidly evolving
healthcare sector. The new appointments will also enhance the
company’s coverage area and reinforce Bailey & Company’s
presence in New York and Los Angeles, two pivotal markets for the
firm's growth strategy.
“With the addition of these talented professionals, our firm is
poised to offer even greater depth and breadth of advisory
capabilities to clients,” said Bailey & Company Co-founder and
Managing Director Jeff Bailey. “Their extensive experience in the
healthcare sector will be invaluable as we continue to grow,
particularly as we continue to experience significant
transformation in how healthcare is delivered, consumed, and paid
for.”
The four new managing directors will broaden Bailey’s healthcare
coverage into new sectors including outsourced provider &
pharmaceutical services, pharma tech, post-acute care, and
value-based provider networks, while deepening the firm’s coverage
of behavioral health, payor services, and providers.
“We pride ourselves on our ability to adapt and grow in response
to market demands,” said Bailey & Company CEO Tim Scallen. “Our
firm has a 20-year track record of success serving lower and middle
market companies. By expanding our footprint, we are better
positioned to serve clients coast to coast, particularly as many of
our competitors have moved up market. Additionally, our expanded
team will enhance our ability to provide tailored solutions and
drive significant value for our clients.”
James Castro has more than 20 years of experience in his
diversified professional background. Most recently, he was senior
managing director at B. Riley. Castro has led mergers and
acquisitions transactions within multiple healthcare service
categories including behavioral health, dental, physician practice
management, outsourced pharma and airway health. He received a
bachelor's degree in economics from the University of California,
Los Angeles, a master's degree in healthcare leadership from Brown
University, and is completing a master's degree in global
healthcare from Oxford University.
James Metcalf brings 20 years of experience executing strategic
and financial transactions to his new role. Previously, he was
Senior Managing Director of healthcare and life sciences at B.
Riley Financial. Metcalf earned his bachelor’s degree in accounting
at Franklin and Marshall College and a master of business
administration degree in finance from New York University.
Ben Matz is an investment banker with more than 15 years of
experience in M&A advisory, healthcare and healthcare services,
restructuring and recapitalization, credit, and asset and portfolio
management in both advisory and lender/invested capital roles. His
most recent position was managing director of healthcare and life
sciences investment banking with B. Riley. Matz received a
bachelor’s degree in political science from Dalhousie University
and a master of science degree in finance from New York
University.
Andrew Hewlett also brings more than two decades of experience
to the position. He joins from his prior position as Managing
Director of healthcare and life sciences investment banking with B.
Riley. Hewlett earned a bachelor’s degree in commerce from the
University of Virginia and a master of business administration
degree in finance from The University of Chicago Booth School of
Business.
The new hires continue a significant year for the company. In
May, Scallen was named Bailey & Company’s CEO. As part of the
leadership team for Nashville’s largest healthcare investment bank,
Scallen continues to work alongside Co-Founders Jeff Bailey and
Jack Bailey to oversee both the firm’s investment banking and
principal investing businesses.
Bailey & Company drives growth for partners in middle-market
healthcare by harnessing capital and bringing partners together on
the buyside and sellside of the transaction. In addition, the
firm’s principal investing arm leverages a broad network of capital
providers, healthcare strategics, and industry executive
relationships to accelerate growth and drive excellence across
portfolio companies.
About Bailey & Company Bailey is a Nashville-based
merchant banking platform focused on growth and late-stage
healthcare and technology companies. Through the firm’s M&A
advisory and principal investing businesses, Bailey supports strong
management teams that have built scalable platforms by providing
strategic insights, world class advice, and access to one of the
most diverse networks of industry experts. For more information
see: www.bnco.com.
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