CLA has announced the appointment of Ian Sylvan as managing director in the firm’s investment banking division.
In his new role, he will provide additional senior-level resources to the firm’s investment banking and M&A advisory practice – helping business owners and management teams looking to “transition ownership of their business”.
Sylvan has “in-depth experience” working with privately held and financial sponsor-owned companies to assist them in determining and executing the appropriate transaction strategy to meet their objectives, including outright sales, recapitalizations, acquisitions, and capital raising.
Sylvan has more than 30 years of M&A advisory, investment banking, financing, and related transaction experience.
Prior to joining CLA, he was a managing director with Fifth Third Securities in the investment banking group and was a managing director and head of the M&A advisory group at MB Financial Bank prior to its acquisition by Fifth Third.
Ben Axelrod, managing principal of CLA’s investment banking practice, said: “We are excited about the addition of Ian to CLA’s investment banking practice.”
“His skillsets in M&A advisory, investment banking, and financing will be great complements to CLA’s current capabilities.”