Evercore (NYSE: EVR) announced today that Benjamin Eldredge has joined the Firm’s Investment Banking business as a Senior Managing Director in its Industrials Advisory practice based in New York. He will lead Evercore’s efforts across Building Products, Distribution and Basic Materials.
Mr. Eldredge joins from Credit Suisse, where he was a Managing Director and Global Head of Basic Materials & Distribution within the Investment Banking Division. Prior to that, he was Global Head of Building Products & Distribution. Over his more than twenty-year career, he has advised corporations, private equity groups and family-owned businesses on M&A and capital markets transactions across the Industrials sector. His transactions within the last year include advising Spectrum Brands on the sale of its HHI business to ASSA ABLOY, BAF on its sale to Madison Industries, IPS Corporation on its sale to Centerbridge Partners, American Securities on the combination of FBM and Beacon Roofing’s Interior Products business and Core & Main on its IPO.
Ralph Schlosstein, Evercore’s Co-Chairman and Co-Chief Executive Officer, said, “We are extremely pleased that Ben has chosen to join our firm. Ben’s deep industry knowledge, extensive advisory and underwriting experience and well-established client relationships will enable us to provide best-in-class service to our clients in the Building Products, Distribution and Basic Materials industries.”
John S. Weinberg, Evercore’s Co-Chairman and Co-Chief Executive Officer, added, “We see substantial growth opportunities in the Industrials sector as powerful secular and cyclical changes create opportunities and challenges for our clients. Ben is well known for the objectivity, creativity and deep thought that he brings to his clients’ most complex strategic and financial demands. We are thrilled he has agreed to join Evercore and to help us grow and strengthen our leading Industrials Advisory practice.”
Mr. Eldredge added, “Evercore has advised on some of the most high-profile situations in recent years. Their brand, organizational talent, commitment to excellence, distinguished advisory and underwriting capabilities and focus on providing high quality, differentiated and independent advice is greatly valued by clients. I am excited about the opportunity to join the Evercore team and to help the Firm enhance its already well-established Industrials franchise."
Mr. Eldredge holds an MBA from Columbia Business School and a BA in Economics and International Studies from Northwestern University.
Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.
Business: Tim LaLonde
COO, Investment Banking
Investor: Investor Relations
Media: Dana Gorman
Abernathy MacGregor, for Evercore