D.A. Davidson Equity Capital Markets

We are always impressed when firms find innovative ways to apply technology to solve real problems for clients in Bank Tech, Mortgage Tech, Energy Tech, AgTech, Capital Markets Tech, Wealth Tech, Business Intelligence, and other relevant segments. We see a growing number of firms applying big data analytics, machine learning, and artificial intelligence to these challenges. Our challenge comes when firms with “AI” in their strategy expect “AI valuations”, when they have not yet demonstrated high gross margins, strong top-line growth or that a critical mass of customers see their approach as better, faster, or more efficient than other ways to solve similar challenges. 👇 Click below to access our full July FinTech Report 👇 from Ken Marlin, Aalap Merchant, Michael Maxworthy, Tom Selby, Alphonse Sisca, and Jordan Wittbrot. #FinTech #MarketUpdate

D.A. Davidson's Technology Investment Banking group announced today that it served as the exclusive strategic and financial advisor to ZEMA Global Data Corporation, formerly ZE PowerGroup, on its significant growth investment from FTV Capital, the sector-focused growth equity investment firm based out of San Francisco, New York, Connecticut and London. ZEMA Global Data is a Vancouver-based end-to-end enterprise data management and analytics provider catered to the energy, commodity and capital markets ecosystems. Congrats to the deal team: Tom Selby, Alphonse Sisca, Oliver Aguirre, and Alex Komarynskyj. #strengthofadvice

🎉 Join us in welcoming our new Summer Analyst Interns to the ECM team at D.A. Davidson! 🎉 We're so excited to have these talented students on board and can't wait to see the hard work they'll put in over the next few weeks. #InternshipLife #WelcomeToTheTeam #DADavidsonInterns #FutureLeaders #TheStrengthOfAdvice

Michael Baker joins CNBC 'Power Lunch’ to discuss The Home Depot upgrade.

We are pleased to announce our Consumer Group served as financial advisor to James Skinner Baking Company, in connection with its sale to Stellex Capital Management, a private equity firm with more than $2.6 billion in committed capital under management that invests in middle-market companies in North America and Europe J. Skinner has built a reputation for producing best-in-class, artisan baked sweet goods including danishes, muffins, cinnamon rolls, brownies and bars sold through the in-store bakery (ISB) channel. Congrats to the deal team: Dan Friedman, John Decker, Will Prioleau, and Andrew Wu!

D.A. Davidson and MCF Corporate Finance's Aerospace, Defense, and Government Services teams are headed to Farnborough International Airshow! ✈️ 🚀 Paul Weisbrich, George "Toby" Albright, III, Robert Micsak, Dr Christoph Stoecker, and Ish Alg will be attending Farnborough International Airshow this July 22-26, 2024! The Airshow is the premier global event in Aerospace & Defense industry. Our team renews its world-wide relationships and forges new connections. This year we are eager to experience the newer technologies and innovations like EVTOLs, autonomous flight and unmanned drones. As always, you can count on us staying in front of the ever evolving A&D industry. To meet with our any of our bankers above, please reach out directly.

D.A. Davidson's ECM leadership met in Chicago to discuss upcoming FY25! We had a great time discussing the initiatives of each business unit and industry group. More importantly, we practiced the firm's cultural imperatives together both in and out of the office. #strengthofadvice Rory McKinney, Larry Martinez, Aalap Merchant, Greg Thomas, Joe Schimmelpfennig, Thomas Hayes, Amy Seach Johnson, Yaron Redlich, Michael Baker, Gil Luria, Heidi McLemore, MBA, David Douglas

We are excited to highlight the deal activity we’re seeing with our Diversified Industrials Investment Banking group this year. To date, our team has advised on 7 transactions across a variety of subsectors — building products & construction materials, industrial automation, commercial & facility services, machinery & equipment, as well as aerospace, defense, & government services. Learn more about D.A. Davidson's Diversified Industrials Investment Banking: https://dadvdsn.co/3zclJiw #strengthofadvice Paul Weisbrich Sokol Cano David H. Morse George "Toby" Albright, III Paul Colone Robert Micsak Chris Donegan Amar Singh Amy Seach Johnson Yaron Redlich

Congratulations to Symphony President Ben Chrnelich on receiving the Champion Award at last week's StreetWise Partners Annual Breakfast. We are proud to support StreetWise Partners in their mission to advance economic equity by connecting underrepresented talent to mentorship and career opportunities within the New York and D.C. area. Kenneth Marlin Alphonse Sisca Sydney Khajehzadeh Chase Crean Oliver Aguirre Patrick Caulfield

D.A. Davidson's Technology Investment Banking group announced today that it served as exclusive financial advisor to Govenda, a board portal and corporate governance software platform known for artificial intelligence (AI) applications, in its sale to Passageways, parent company of OnBoard, a leading provider of digital board governance solutions and portfolio company of JMI Equity. Congrats to the deal team: Greg Thomas, Zach Rosen, David Douglas, Derek Heinonen, and Sydney Khajehzadeh! https://dadvdsn.co/4aS1mo5