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Wedbush Securities Expands Investment Banking Division with Patrick Furlong Hire

Author

Slice of Finance Team
03 Oct

Key Highlights:

  • Patrick Furlong joins Wedbush as Managing Director, bringing nearly 20 years of investment banking expertise.

  • Focus on branded consumer, retail, distribution, and consumer services sectors.

  • Furlong's experience spans M&A, capital raising, and restructuring in consumer-focused industries.

  • Expansion strengthens Wedbush's middle-market M&A practice and service quality.

Notable Quotes:

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"With its strong reputation in research and broad coverage of publicly traded consumer companies, we will deliver enhanced service quality and expanded product access."

Patrick Furlong, Managing Director at Wedbush Securities
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"Patrick’s expertise will be instrumental as we prepare for a resurgence in deal activity and continue to expand our reach and global impact."

Burke Dempsey, Executive Vice President, Head of Investment Banking & Capital Markets at Wedbush Securities

Our Take:

The addition of Patrick Furlong to Wedbush Securities signals a strategic expansion aimed at bolstering its M&A capabilities in the branded consumer and retail sectors. His significant experience with industry giants and mid-market companies will allow Wedbush to differentiate itself from competitors by offering a more tailored approach to privately-held businesses. This hire reflects the firm's proactive positioning ahead of a potential resurgence in deal activity, particularly within the consumer goods and services space.