NEW YORK CITY, January 28, 2015 – Richard L. Quad, Senior Managing Director and Co-Head of Griffin’s Financial Institutions Group, presented at Bank Director’s Acquire or Be Acquired Conference held January 25-27, 2015, in Scottsdale, AZ.
In the workshop “Understanding M&A’s Vocabulary,” Mr. Quad provided a primer on what merger and acquisition terms mean and why they matter in terms of the evaluation of strategic options as a buyer or seller and the ultimate goal of creating shareholder value. In another session, “How Does a Buyer Begin the M&A Process,” Mr. Quad led a discussion about the steps taken – operationally and strategically, internally and externally – to either consider buying another institution on a discrete basis, or to make M&A a line of business and consider growth by acquisition as a core competency. The bank directors in attendance also were invited to discuss the critical roles played by the management team, board of directors, regulators and external advisors in order to make the M&A process successful.
Mr. Quad is a trusted advisor to banking executives and Boards of Directors of community banks throughout the Eastern United States. He provides investment banking services to financial institution clients, including sell-side, buy-side, capital markets and related strategic and valuation services.
Mr. Quad has more than 20 years of experience in both investment banking and commercial banking in the Northeast. As a senior investment banker, he has successfully completed over 50 assignments for more than 25 community bank clients including common, convertible, preferred stock and subordinated debt offerings, buy-side, sell-side and FDIC receivership transactions, as well as strategic and general advisory assignments.
Mr. Quad received a B.S., magna cum laude, in Business Administration with a concentration in finance from the University of Vermont and an MBA with distinction from Cornell University. He holds Series 7 and 63 licenses from FINRA.
