A new investment banking firm has opened its doors in Charleston.
Charles Towne Holdings, based in the Cigar Factory on East Bay Street, specializes in debt capital markets, investment banking and strategic advisory services for a range of industries. Andy Brusman, executive chairman for the company, said it will help guide middle market companies through private placements, merger and acquisition activities, and financial advising.
“The capital that’s here right now is pretty much … more venture, earlier stage focused and a lot of the folks that are leading that effort are doing a really good job,” Brusman said. “But my whole point was … that covers 20% of the opportunity. There’s 80% of the opportunity that we can kind of capture, and Charleston can be viewed as a deal hub, partially because we have the people here that can work on deals anywhere in the world.”
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