Evercore Partners NYSE: EVR is a boutique investment bank and private equity investment firm located in New York. It was founded by Blackstone Group alumni Austin Beutner and Roger Altman in 1996.
Business Divisions
- Corporate Advisory: Advised SBC/AT&T, CBS/Viacom, Dow Jones, EDS, General Mills
- Restructuring Advisory: Aquila, General Motors
- Evercore Capital Partners: Private Equity
- Evercore Ventures
- Evercore Asset Management
Recent Activities
Evercore has recently been expanding its advisory business significantly. Now occupying the number 8 spot in US M&A transactions, above larger competitors as UBS AG and Bear Stearns. This past year they have advised AT&T in its acquisition of BellSouth (the largest M&A transaction to date at just under $90 billion); Cendant on their reorganization and sale of their Travelport business to the Blackstone Group. And the $41 billion split-up of Viacom and CBS Corp. The firm currently has 250 employees and offices in New York, London, San Francisco, Los Angeles, Mexico City, and Monterrey as well as a partnership with Mizuho in Tokyo.
