14:59:40 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 112,776,918
Close 2017-01-06 C$ 4.48
Market Cap C$ 505,240,593
Recent Sedar Documents

Canaccord appoints Ley, Young as managing directors

2017-01-09 11:29 ET - News Release

Mr. Dan Coyne reports

CANACCORD GENUITY EXPANDS CONSUMER & RETAIL AND TECHNOLOGY INVESTMENT BANKING CAPABILITIES

Canaccord Genuity Group Inc. has expanded its U.S. investment banking group with the addition of two senior investment banking professionals to its consumer and retail and technology practices. Both professionals bring deep industry relationships and transaction experience, and will leverage Canaccord Genuity's global capabilities to deliver a broad range of investment banking services, including public offerings, private placements and financial advisory services, for growing companies in their respective coverage areas.

Morgan Ley joins Canaccord Genuity as managing director, and head of consumer and retail investment banking (U.S.), and, in addition to leading the sector coverage team, he will be tasked with reinvigorating the firm's distinctive healthy living practice. Mark Young joins as managing director of technology investment banking (U.S.), and will focus on expanding the firm's technology coverage to encompass information services and technology-enabled marketing solutions. Both will be based in Boston, Mass.

"I am pleased to welcome Morgan Ley and Mark Young, who bring a strong complement to our existing consumer and retail, and technology, capabilities," said Dan Coyne, senior managing director and head of U.S. investment banking for Canaccord Genuity. "Having previously worked with our investment banking team, we expect they will have a seamless transition, allowing us to continue to deliver on our commitment to advancing coverage in our core focus sectors, and providing best-in-class investment banking and advisory expertise across our global platform."

Mr. Ley brings over 20 years of experience to his role, with significant experience advising mid-market consumer product companies in the health and wellness, food and beverage, and direct-to-consumer sectors, in addition to specialty retailers and multiunit service providers. Prior to joining Canaccord Genuity, Mr. Ley was a managing director in the consumer investment banking group at Raymond James Financial, and has also worked at Adams Harkness (acquired by Canaccord Genuity in 2006), SunTrust Robinson Humphrey, Tucker Anthony and CS First Boston. He is a graduate of Harvard College.

Mr. Young has more than 25 years of investment banking advisory experience focused on mid-market growth companies in the technology, business services and consumer products sectors. Prior to joining Canaccord Genuity, Mr. Young co-led the business and information services investment banking practice at MHT Partners, and has also served as a managing director at Boston-based Capstone Partners and Adams Harkness (acquired by Canaccord Genuity in 2006). Mr. Young is a graduate of the University of Virginia and is a qualified general securities principal.

About Canaccord Genuity

Canaccord Genuity is the global capital markets division of Canaccord Genuity Group Inc., offering institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales, and trading services from offices in 10 countries worldwide.

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