Solomon Partners

Solomon Partners, previously known as PJ Solomon and/or Peter J. Solomon Company, is an independently operated American investment bank and financial services company headquartered in New York City. Solomon Partners advises on mergers, acquisitions, divestitures, restructurings, recapitalizations, SPACs and capital markets.

Solomon Partners
TypePrivate Company
IndustryInvestment Banking
Founded1989 (1989)
Headquarters
1345 Avenue of the Americas
New York City
,
U.S.
Number of employees
150 - 200
Websitesolomonpartners.com

History

Solomon Partners was founded in 1989 by Peter J. Solomon and was one of the first private independent investment banking firms on Wall Street. It was created to mirror the ethos and culture of the original privately held investment banks at a time when many of the large investment banks had gone public.[1]

Solomon Partners is headquartered in New York City and has additional offices in Chicago and Miami.

In June 2016, Solomon Partners (at the time known as PJ SOLOMON) entered into an alliance with Natixis, a French financial services firm owned by Groupe BPCE, to expand its global M&A advisory and financing platform.[2]

In September 2021, the company changed its name to Solomon Partners.[3]

Transactions

Solomon Partners' practices cover multiple industry verticals. Including business services, consumer retail, financial sponsors, financial services and fintech, grocery, pharmacy, restaurants, healthcare, infrastructure, power, renewables, media, technology, and telecommunications. Select transactions include advising on the following areas.

Consumer retail
  • Nutraceutical International Corporation on its $446 million sale to private equity firm HGGC LLC[4]

Grocery, pharmacy and restaurants
  • Save-A-Lot on its $1 billion recapitalization and conversion sales[5]

Technology, media and telecommunications

References
  1. "Wall Street: Back to the old school". Financial Times. 14 July 2009. Retrieved July 14, 2009.
  2. SOLOMON, PJ (2019-01-22). "PJ SOLOMON Celebrates 30th Anniversary with Corporate Rebrand and New Website". GlobeNewswire News Room (in French). Retrieved 2021-10-03.
  3. Partners, Solomon (2021-09-27). "PJ SOLOMON Renames as Solomon Partners". GlobeNewswire News Room. Retrieved 2021-10-03.
  4. Nutra ingredients-usa.com. "Nutraceutical International sold for $446 million". Retrieved May 22, 2017.
  5. "Save A Lot Announces Successful Completion of Business Recapitalization". Business Wire. 3 April 2020. Retrieved April 3, 2020.
  6. "Banijay Group completes acquisition of Endemol Shine". S&P Global Market Intelligence. Retrieved July 3, 2020.
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