Covington Associates is a specialty investment banking firm founded in 1991 by Chris
Covington. Having prior experience running investment banking groups for Shearson American Express, Robertson Stephens,
and Volpe & Covington, Chris decided to pursue an alternative to the large investment banking model. Since its
founding over twenty years ago, the vision for Covington Associates has been to remain a smaller and more focused
advice driven organization in order to offer clients the highest caliber of senior-level attention.
Our firm offers advisory services in the areas of mergers and acquisitions ("M & A"), capital raising, strategic advisory services, fairness opinions and valuations, and capital restructuring.
Covington Associates was founded on the belief that middle market clients deserve the same level of professional attention and experience traditionally given only to much larger companies. Our mission is to help our clients realize the best possible outcome for their company by providing honest, objective, and straightforward advice. We will not sacrifice our integrity for the sake of completing a transaction.
Since its inception, Covington Associates has completed over 150 transactions ranging in value from $10 million to almost $2 billion; our "sweet spot" is transactions in the $20-$250 million range. We have experience working for both private and publicly traded clients at all stages of development, from start-ups to mature companies with hundreds of millions of dollars in revenues.
With an average of over 20 years experience each, our senior team has been involved with hundreds of mergers and acquisitions, capital raises, debt offerings, valuations, fairness opinions, private placements, and general financial advisory assignments. Covington Associates' Managing Directors have the skills and successful track records that can maximize transaction values and ensure a higher probability of closure for our clients.
Our broad exposure allows us to better source potential buyers and to more effectively market companies for sale. Our industry knowledge allows us to pinpoint interconnections, understand the value drivers, and secure the best possible outcome for all of the parties involved.
Our depth of experience in each of our sectors of specialty means that we know who the major players are and can tailor the process for your business based on this domain expertise.
Team Approach and Commitment
Each engagement is staffed with a Managing Director, who is the day to day contact with our client. Covington works together as a team, providing clients with access and input from our entire group of professionals. We work to build relationships, not only with our clients, but also with attorneys, accountants, board members, lenders, and management on both sides of a transaction to ensure success. Covington Associates prides itself on combining objective and unbiased advice with a superior level of service to its clients.
Our ultimate success is derived from the satisfaction of our clients. By delivering the highest level of commitment, expertise, and execution capabilities, Covington Associates seeks to establish long-term relationships with each and every client. Many of our clients not only have completed multiple transactions with us, but they also recommend us to their colleagues.