Contact:
Jim Simpson or Jim Archibald
Broadgate Capital Advisors
212-232-2327
Broadgate Capital Advisors to Focus
on Capital Requirements of Mid-Sized Companies
NEW YORK, May 12, 2003 – Mid-sized companies are facing more capital
access challenges due to a convergence of issues such as the collapse of the
IPO markets, the growth of non-traditional financing sources, the contraction
of the bank lending market and the aftermath of the Wall Street Settlement and
other recent regulatory reforms.
Broadgate Capital Advisors (BCA), an independent and unbiased strategic and
tactical corporate finance advisory firm, has been formed to address the special
capital requirements of companies with revenues between $100 million and $500
million. BCA is a unit of Broadgate Consultants, Inc., a corporate and capital
markets communications firm.
James R. Simpson and James S. Archibald, both of whom have more than 20 years
of corporate finance and banking experience, will lead BCA.
Mr. Simpson has served as Chief Financial Officer of C.S. Brooks, Inc. and
of Moore Medical Corp., Treasurer of Sandoz Corp., Assistant Treasurer of Combustion
Engineering, Partner of Greenwich Treasury Advisors, and Consulting Manager
at KPMG. He also gained international finance experience while at PepsiCo, Inc.
Mr. Archibald has held several senior domestic and international line management
positions, including Chief Operating Officer, Chief Executive Officer, Managing
Director and Board Member of several captive companies while at Citigroup. He
was also a Senior Credit Officer with authority of $2 billion and is an expert
in asset based lending, real estate and equipment finance leasing.
"Broadgate Consultants’ unparalleled access to the private equity
community, coupled with BCA’s deep bench of experienced corporate finance
professionals, will provide independent and unbiased corporate finance advice
and execution capabilities to our clients with a full range of solutions tailored
to meet our clients’ specific needs," said Mr. Simpson. "Broadgate
Consultants is also an internationally recognized capital markets positioning
firm that will make available its significant capabilities to help our clients
communicate effectively with their capital providers."
Mr. Archibald added, "BCA service offerings will include the analysis
and development of capital structure strategies, assistance in negotiating and
implementing a specific capital structure including debt, private equity, and
public offerings. BCA will also provide clients with advice on the proactive
management of corporate finance issues, including capital markets communications."
About Broadgate Capital Advisors A unit of Broadgate Consultants Inc., Broadgate Capital Advisors (BCA) was
formed in 2003 to address the financing needs of mid-sized companies with compelling
business plans but which face capital access and structure issues with time-
and resource-constrained management. BCA provides capital structure strategy
and analysis, debt and equity financing assistance, proactive management of
corporate finance issues and effective communication with capital providers.
About Broadgate Consultants, Inc. Established in 1987, Broadgate Consultants, Inc. provides strategic corporate
and capital markets communications advisory and implementation services to public
companies and private equity firms and their portfolio companies. Its clients
include global public companies as well as private equity firms with assets
under management ranging from $100 million to more than $5 billion. The firm
is also recognized for its crisis management services and is a partner firm
of Public Relations Organisation International, a global network of independent
public relations firms. More information about Broadgate can be found at www.broadgate.com.
