Western Reserve Expands Team

Western Reserve Partners has expanded its investment banking team with the addition of three new professionals.

Western Reserve is a Cleveland-based investment bank that predominantly serves middle market companies with M&A advising, capital raising and other financial services. The firm’s sectors of focus include industrial, business services, consumer, health care, technology and real estate (www.wesrespartners.com).

The three new hires are Brennan Igoe, Vice President; John Paul Siemborski, Vice President; and Robert Exler, Analyst.

Mr. Igoe previously worked at Harris Williams & Co. in the technology, media, and telecom group, with a focus on software M&A transactions. He also has prior experience as a consultant at Harbor Research and as a Product Manager for TigerLogic Corporation.  Mr. Igoe holds a Master of Business Administration from Dartmouth College and received his Bachelor in Economics from Yale University.

Mr. Siemborski has 11 years of financial advisory experience, most recently serving in the transaction advisory services practice of Ernst & Young. He earned a Bachelor of Business Administration and a Master of Science in Accountancy from Loyola University Chicago.

Mr. Exler joins Western Reserve after serving as an Analyst Intern for the firm last summer. He earned a Bachelor of Science in Finance and Chemistry from John Carroll University.

Western Reserve was acquired by Citizens Bank (NYSE: CFG) in May 2017. The bank has been actively expanding its capital markets activities since it went public in September 2014. Between 1988 and 2014, Citizens was a wholly owned subsidiary of The Royal Bank of Scotland which sold its remaining 21% stake in the company in October 2015. Today, Citizens (www.citizensbank.com) is ranked as the 20th largest bank in the United States.

© 2017 Private Equity Professional | August 10, 2017

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