This document corrects and replaces a press release issued by ArcStone Securities and Investments Corp. earlier today.
Toronto, Ontario–(Newsfile Corp. – May 23, 2024) – ArcStone Securities and Investments Corp. (“ArcStone”), a leading independent capital advisory services firm operating in the United States and Canada, is pleased to announce the expansion of its investment banking team with the addition of three distinguished professionals. This strategic move strengthens ArcStone’s ability to better serve its clients and underscores its commitment to excellence in investment banking.
Joining the team is Boris Novanski, Vice Chairman, Investment Banking. Novanski brings a wealth of strategic guidance and capital markets advisory rigor to ArcStone. Having held key roles at top investment banks including CIBC and TD, Novanski brings deep expertise and leadership that will help drive ArcStone’s strategic initiatives and growth plans.
Additionally, Jeremy Kamencic will join Arcstone as Director of Mergers & Acquisitions. Jeremy’s extensive experience includes his tenure as an investment banking associate at BMO and his role as Director of Corporate Development at Aurora Cannabis, the second largest cannabis company in North America by market capitalization. Jeremy covers multiple industries and will lead the cannabis investment banking division while focusing on U.S. mergers and acquisitions. His industry knowledge and deal-closing acumen will be pivotal as Arcstone expands its footprint in this dynamic space.
ArcStone is also pleased to welcome Vishal Gupta as an advisor focused on metals and mining. Vishal is a seasoned mining executive, professional geologist and investment banker. He has previously held senior executive positions at several mining companies and served as a mining analyst at several investment banks including Dundee Capital Markets, Cormark Securities, Fraser Mackenzie, Desjardins Securities and Global Financial. His expertise will support the growth of ArcStone’s franchise in metals and mining and strengthen the company’s commitment to providing specialized advisory services and solid industry insights in this space.
The addition of these skilled professionals further strengthens ArcStone’s capabilities in providing comprehensive financial services, strategic advice and execution excellence in mergers and acquisitions, and driving the sustainable growth of ArcStone’s operating base in Canada and the United States.
Michael Astone, CEO and Chairman of ArcStone Securities and Investments Corp., expressed the management team’s vision: “We are pleased to advance our strategy with these strategic hires. Our goal is to build a client-centric firm, and foundational to that strategy is having a partnership-oriented, entrepreneurial team of bankers dedicated to closing deals and delivering enviable outcomes for our clients. Boris, Jeremy and Vishal bring a wealth of experience and a proven track record of deal execution that will undoubtedly enhance our client relationships and service offerings.”
Derek Hall, Managing Director and Head of M&A, added: “The backgrounds and expertise of our new team members significantly strengthen our capabilities in M&A execution. Having recently announced cross-border M&A transactions involving clients in Canada, the US and Israel, these additions to the team underscore ArcStone’s commitment to providing top-class advisory services and delivering excellent outcomes for our clients.”
For further information, please contact:
Jack Bensimon
Managing Partner
Arcstone Securities Investment Co., Ltd.
jack@arcstoneglobalsecurities.com
About ArcStone
ArcStone Securities and Investments Corp. is a leading financial services firm providing a wide range of financial advisory and capital markets services to corporate clients across a variety of industries. With a focus on innovation and customer service, ArcStone is dedicated to helping clients navigate the complexities of the financial markets and achieve their strategic objectives. ArcStone has carved out a unique market by seeking sophisticated bankers with proven track records in finance from Tier 1 companies with agile leadership committees and focusing on clients underserved by large Tier 1 banks with market capitalizations between $20M and $1B. The company is not participating in any registrable activities and is in the process of obtaining registration in both the United States and Canada.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210323
