Evercore Partners Inc: A Comprehensive Overview Of The Leading Independent Investment Banking Advisory Firm

Evercore Partners Inc. has established itself as a premier independent investment banking advisory firm that specializes in providing financial advisory services to corporations, institutions, and governments. Founded in 1995, Evercore has grown rapidly, distinguishing itself from traditional investment banks through its commitment to delivering unbiased advice and its focus on client interests. This article will delve into the history, services, and achievements of Evercore Partners Inc., providing readers with a thorough understanding of its role in the financial industry.

The firm operates globally, with offices across North America, Europe, Asia, and Latin America, catering to a diverse clientele. As we explore the various aspects of Evercore, we will examine its business model, notable transactions, and the factors contributing to its reputation as a trusted advisor in the investment banking sector. By the end of this article, readers will have a comprehensive understanding of Evercore Partners Inc. and its significance in today's financial landscape.

With a strong emphasis on expertise, authoritativeness, and trustworthiness (E-E-A-T), this article aims to provide valuable insights into Evercore Partners Inc. for both professionals in the finance industry and those interested in understanding the dynamics of investment banking. Let's embark on this exploration of Evercore Partners Inc., a company that has made significant strides in shaping the future of financial advisory services.

Table of Contents

• 1. History of Evercore Partners Inc.
• 2. Services Offered by Evercore
• 3. Evercore's Business Model
• 4. Notable Transactions and Achievements
• 5. Evercore's Global Presence
• 6. Leadership and Key Personnel
• 7. Financial Performance and Growth
• 8. Conclusion

1. History of Evercore Partners Inc.

Evercore Partners Inc. was founded in 1995 by Roger Altman, a former Deputy Secretary of the U.S. Treasury. The firm was established with a vision to create an independent advisory firm that could deliver objective, expert advice to its clients. This vision became the foundation of Evercore's business strategy, differentiating it from traditional investment banks that often face conflicts of interest.

In its early years, Evercore focused on building a robust advisory practice, primarily serving large corporations and institutions. The firm quickly gained recognition for its expertise in mergers and acquisitions (M&A) advisory, capital markets, and restructuring. Over the years, Evercore has expanded its services and geographic reach, becoming a leader in the investment banking space.

Key Milestones in Evercore's History

• 1995: Founded by Roger Altman.
• 2001: Launched Evercore Partners LLC, focusing on investment banking advisory.
• 2003: Expanded services to include private equity and capital markets.
• 2010: Became a publicly traded company on the New York Stock Exchange (NYSE: EVR).
• 2020: Continued growth in global markets, establishing a strong presence in Europe and Asia.

2. Services Offered by Evercore

Evercore Partners Inc. offers a comprehensive range of services designed to meet the diverse needs of its clients. These services include:

Mergers and Acquisitions Advisory

Evercore is renowned for its M&A advisory services, providing clients with expert guidance throughout the entire transaction process. This includes:

• Identifying potential acquisition targets or buyers.
• Valuation analysis and financial modeling.
• Negotiation support and deal structuring.
• Post-merger integration assistance.

Capital Markets Advisory

Evercore's capital markets advisory services encompass:

• Initial public offerings (IPOs) and follow-on offerings.
• Debt financing and restructuring.
• Private placements and equity raises.

Restructuring Advisory

In times of financial distress, Evercore provides restructuring advisory services to assist clients in navigating complex financial challenges. This includes:

• Financial analysis and strategic planning.
• Negotiations with creditors and stakeholders.
• Development of restructuring plans.

Private Equity Advisory

Evercore also offers advisory services to private equity firms, including:

• Fundraising and capital raising.
• Investment analysis and due diligence.
• Exit strategy development.

3. Evercore's Business Model

Evercore's business model is centered around providing independent and objective financial advisory services. The firm operates on a fee-for-service basis, which aligns its interests with those of its clients. This model allows Evercore to avoid potential conflicts of interest that may arise in traditional investment banking practices.

The firm's focus on independence and client-centricity has contributed to its reputation as a trusted advisor in the industry. By prioritizing the needs of its clients and delivering tailored solutions, Evercore has built long-lasting relationships and a loyal client base.

4. Notable Transactions and Achievements

Evercore Partners Inc. has been involved in numerous high-profile transactions throughout its history. Some of the notable transactions include:

• Advising on the merger between AT&T and Time Warner: Evercore played a crucial role in advising AT&T on its $85 billion acquisition of Time Warner in 2016.
• Advising on the sale of Allergan's generics business: In 2018, Evercore advised Allergan on the sale of its generics business to Teva Pharmaceuticals for $40.5 billion.
• Advising on the merger of United Technologies and Raytheon: Evercore acted as an advisor in the $86 billion merger of United Technologies and Raytheon in 2020.

5. Evercore's Global Presence

Evercore Partners Inc. operates across multiple continents, providing services to clients around the world. The firm's global presence is supported by offices in key financial markets, including:

• New York City, USA
• London, UK
• Tokyo, Japan
• Frankfurt, Germany
• Hong Kong, China

This global reach enables Evercore to serve a diverse clientele and provide insights into various markets and industries.

6. Leadership and Key Personnel

Evercore's leadership team comprises experienced professionals with deep expertise in investment banking and financial advisory services. Key personnel include:

7. Financial Performance and Growth

Evercore Partners Inc. has demonstrated consistent financial performance, with steady revenue growth over the years. The firm's focus on high-margin advisory services has contributed to its profitability. In recent years, Evercore has reported impressive financial results, highlighting its resilience and adaptability in changing market conditions.

According to Evercore's annual reports, the firm's revenue reached $1.5 billion in 2022, with a significant portion coming from its advisory services. The firm's strong financial performance has enabled it to invest in talent acquisition and expand its global presence.

8. Conclusion

Evercore Partners Inc. has positioned itself as a leading independent investment banking advisory firm, known for its expertise, client-centric approach, and commitment to delivering objective advice. With a rich history, a comprehensive suite of services, and a global footprint, Evercore continues to