TobinLeff is pleased to announce that it brought the parties together and served as the M&A advisor to Casteel Schoenborn Investor Relations on its recent sale to Lambert & Co.
Casteel Schoenborn, a Williamsville, NY Investor Relations firm has over two decades experience providing strategic guidance to publicly traded regional and community banks and other U.S. financial services firms.
Lambert, with offices in NYC, Phoenix, Detroit, Grand Rapids and Lansing is a top-10 investor relations firm and a top-5 private equity communications agency nationally. Their expertise in various industries includes manufacturing, technology, automotive, consumer, business services and healthcare.
As part of the sale, Principals Lynn Casteel and Jeffrey Schoenborn have been named managing directors.
“We could not be more pleased to now be part of Lambert & Co., which is providing us with the additional scale and resources we sought to continue the growth of our national IR and corporate communications practice, with particular emphasis on the financial services industry,” said Casteel Schoenborn Principal Lynn Casteel. “TobinLeff not only introduced us to Jeff Lambert and his talented team, but its highly responsive consultants, David Tobin and Holt Vaughn, provided valuable advice to support our efforts to successfully complete a transaction that met or exceeded every one of our goals and objectives as founders.”
Jeff Lambert, CEO of Lambert & Co. commented, “Our acquisition strategy relies both on proprietary deal sourcing and smart, connected sell-side advisors, and the team at TobinLeff was integral in understanding our needs and deal profile as a Buyer and customizing a structure that met the expectations of my now new partners at Casteel Schoenborn.” The acquisition of Casteel Schoenborn marked Lambert’s seventh acquisition and second over the last six months.
TobinLeff partner, Holt Vaughn, offered these thoughts, “Lynn Casteel and Jeff Schoenborn built a solid business. Because of their skills, reputation, and consistent margins, they made our job easy to find multiple potential buyers. We are thrilled Lambert & Co. emerged as the perfect fit to reward Lynn and Jeff for what they have accomplished and to provide resources and a great platform to serve clients.”
