Press Releases
ThinkEquity continues build-out of consumer stock coverage
SAN FRANCISCO, June 3, 2010 — ThinkEquity LLC — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, has initiated on several new consumer stocks, bringing the total number of stocks under coverage in the sector to almost 40.
Executive Vice President of ThinkEquity, Deepak Raj, said: "The consumer/retail sector is fast-paced and highly dynamic and ThinkEquity is building a strong presence in it. We have initiated coverage on five new companies this week, with more to come in the coming months.
The new stocks under coverage, under the leadership of Mark Mandel, who has more than 25 years experience in the sector, are:
- Advance Auto Parts, Inc. (AAP)
- AutoZone, Inc. (AZO)
- Big Lots, Inc. (BIG)
- Coach, Inc. (COH)
- O'Reilly Automotive, Inc. (ORLY)
"The virtualization of commerce has changed the way that vast numbers of consumers select and purchase goods and services," Mr. Raj continued.
"From the companies that invent new technology to aid e-commerce to the companies that sell goods and services in the on-line world, ThinkEquity is helping the investment community understand the relevance of the sector and to identify buying and selling opportunities. We look for strong, well-established retailers with high profitability and growing market share, as well as growth companies who understand the changing dynamics of e-commerce."
Media enquiries:
Nathaniel Webb
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
US media seeking further comment from Mr. Raj or any of the consumer team may contact:
Janet Faleski
T: +1 212-468-7083
E: jfaleski@thinkequity.com
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com