Corporate Finance Associates
Encyclopedia
Corporate Finance Associates (CFA) is an international independent investment banking
firm, headquartered in Los Angeles, with offices in the United States, Canada, India and affiliated offices throughout Europe. CFA was founded in 1956 to provide M&A services to mid-sized private and public firms often referred to as middle-market companies. The firm engages in mergers, acquisitions, business valuation
s and corporate finance
advisory services.
, Mr. Rothberg established a consulting firm
to serve the M & A needs of middle market business owners. In the late 1960s, looking for new ways to increase the number of "associates" in the firm, Mr. Rothberg articulated his philosophy of being in business for yourself rather than by yourself by adopting a networked business model
. The network of associates grew and in 1969 the first international office was added. In 1972 the firm moved to Atlanta. The model proved successful and in 1985 the firm continued its westward migration with a move to Denver, Colorado
.
Recognizing an opportunity for bringing principals into direct contact with clients worldwide, the former associates executed a management buyout
of the company in 1996, creating the organization that exists today. CFA is a privately held corporation based in Los Angeles, California with offices on three continents. In 1956 few could have predicted that a single individual, with an entrepreneurial vision, was launching a company with the "right stuff" to be celebrating its 50th anniversary in 2006.
United States
Canada
Asia
Europe
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
firm, headquartered in Los Angeles, with offices in the United States, Canada, India and affiliated offices throughout Europe. CFA was founded in 1956 to provide M&A services to mid-sized private and public firms often referred to as middle-market companies. The firm engages in mergers, acquisitions, business valuation
Business valuation
Business valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to consummate a sale of a business...
s and corporate finance
Corporate finance
Corporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...
advisory services.
History of CFA
In 1956 Michael M. Rothberg sold his interest in a furniture company and started Corporate Finance Associates (CFA). Based in Greenville, South CarolinaGreenville, South Carolina
-Law and government:The city of Greenville adopted the Council-Manager form of municipal government in 1976.-History:The area was part of the Cherokee Nation's protected grounds after the Treaty of 1763, which ended the French and Indian War. No White man was allowed to enter, though some families...
, Mr. Rothberg established a consulting firm
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....
to serve the M & A needs of middle market business owners. In the late 1960s, looking for new ways to increase the number of "associates" in the firm, Mr. Rothberg articulated his philosophy of being in business for yourself rather than by yourself by adopting a networked business model
Business model
A business model describes the rationale of how an organization creates, delivers, and captures value...
. The network of associates grew and in 1969 the first international office was added. In 1972 the firm moved to Atlanta. The model proved successful and in 1985 the firm continued its westward migration with a move to Denver, Colorado
Denver, Colorado
The City and County of Denver is the capital and the most populous city of the U.S. state of Colorado. Denver is a consolidated city-county, located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains...
.
Recognizing an opportunity for bringing principals into direct contact with clients worldwide, the former associates executed a management buyout
Management buyout
A management buyout is a form of acquisition where a company's existing managers acquire a large part or all of the company.- Overview :Management buyouts are similar in all major legal aspects to any other acquisition of a company...
of the company in 1996, creating the organization that exists today. CFA is a privately held corporation based in Los Angeles, California with offices on three continents. In 1956 few could have predicted that a single individual, with an entrepreneurial vision, was launching a company with the "right stuff" to be celebrating its 50th anniversary in 2006.
Locations
The company organizes its global business into the following regions.United States
- California - Los Angeles, San Diego, San Francisco
- Colorado - Denver
- District of Columbia - Washington
- Georgia - Atlanta
- Illinois - Chicago
- Kentucky - Lexington
- Louisiana - Lafayette
- Maine - Portland
- Minnesota - Minneapolis
- Nebraska - Omaha
- Ohio - Columbus
- Oklahoma - Tulsa
- Tennessee - Memphis, Nashville
- Texas - Austin/San Antonio, Dallas, Houston, Midland
- Wisconsin - Milwaukee
Canada
- Calgary Alberta
- Oakville Ontario
- Toronto Ontario
Asia
- India - Mumbai, Pune, Bangalore
Europe
- Austria - Vienna
- Belgium - Brussels
- Czech Republic - Prague
- England (UK) - London
- France - Paris
- Germany - Frankfurt
- Greece - Athens
- Norway - Oslo
- Poland - Warsaw
- Switzerland - Geneva
- Ukraine - Kiev