Centerview Partners

Centerview Partners is an American independent investment banking and private equity investment firm. Centerview operates primarily as an investment banking advisory firm. The firm offers mergers and acquisitions advisory, takeover defense, capital allocation, restructuring and divestitures services.[1] Centerview has 50 partners and 300 professionals with expertise across a wide range of industries, geographies, transaction structures and sizes.[2] Centerview is widely considered to be one of the most prestigious investment banking advisory firms.

Not to be confused with Centerbridge Partners.
Centerview Partners
Private Ownership
IndustryFinancial services
Founded2006 (2006)
Headquarters31 West 52nd Street
New York, New York, United States
ProductsInvestment banking, Mergers and acquisitions, Restructuring, Private Equity
Websitewww.centerviewpartners.com

Founded in 2006 by a group of senior investment bankers, the firm is headquartered in New York City with offices in London, Paris, Chicago, Los Angeles, Palo Alto and San Francisco.[3]

History

Centerview was founded in July 2006 and is currently led by, Blair Effron, former Vice Chair of UBS AG, and Robert Pruzan, former CEO of Dresdner Kleinwort Wasserstein North America and President of Wasserstein Perella.[4][5] Additional Centerview co-founders included Stephen Crawford, former co-president at Morgan Stanley, and Adam Chinn, former partner at Wachtell Lipton.[6] James M. Kilts former CEO of Gillette, heads the firm's private equity fund.[7] In 2010, Robert E. Rubin, former U.S. Secretary of the Treasury, joined the firm as Counselor.[8] In 2019, Rahm Emanuel joined the firm to launch the Chicago office.

Management

Prior to co-founding Centerview, Effron was Group Vice Chairman of UBS AG and a member of the Board of UBS Investment Bank, where he also sat on several management committees and advised Gillette on its $57 billion sale to Procter & Gamble, which was the largest M&A transaction of 2005.[9] In 2006, Effron announced he was leaving UBS to form a new boutique investment banking firm.[10]

Prior to co-founding Centerview, Pruzan was Head of Global Investment Banking and CEO of North America at Dresdner Kleinwort Wasserstein and President of Wasserstein Perella & Co.[5] He is a former member of McKinsey & Company where he specialized in strategic consulting for consumer products companies and financial institutions.[11]

Recent Activities

Centerview has advised on many of the largest and most complex corporate situations and transactions, including:[12]

  • General Electric's sale of $200 billion of financial assets
  • Sprint’s Independent Transaction Committee on proposed $146 billion merger of Sprint and T-Mobile
  • Qualcomm’s defense of Broadcom’s $130 billion hostile takeover
  • 21st Century Fox’s $71.3 billion transactions with The Walt Disney Company
  • Pfizer’s announced joint venture with GlaxoSmithKline , its $14 billion acquisition of Medivation and $5 billion acquisition of Anacor
  • In 2009 and 2010, the firm was rated "No. 1 Investment Bank to Work For" by Vault.
  • In 2016, the firm was rated "No. 3 Investment Bank to Work For" by Vault.[13]
  • In 2019, the firm was rated "No. 3 Investment Bank to Work For" by Vault.[14]
  • In 2020, the firm was rated "No. 1 Investment Bank to Work For" by Vault.[15]
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References
  1. "Centerview Partners". Crunchbase. Retrieved June 24, 2019.
  2. "Our Team". Centerview Partners. Retrieved June 24, 2019.
  3. "Centerview Partners". Centerview Partners. Retrieved 2020-05-12.
  4. "The little guys are winning on Wall Street". Business Insider. September 8, 2016.
  5. "Robert Alan Pruzan". Bloomberg. May 15, 2019.
  6. "Ex-Morgan Stanley Executive Named Capital One CFO". The Wall Street Journal. February 1, 2013.
  7. Three Senior Wall Street Professionals Announce Formation of Centerview Partners.
  8. DEALBOOK. "Rubin to Join Centerview, a Young Firm". The New York Times. Retrieved 26 February 2012.
  9. "'Bold' M&A Now Key Corporate Strategy: Advisor". CNBC. July 21, 2011.
  10. "Another UBS Banker Leaves in London". The Wall Street Journal. April 26, 2012.
  11. "Robert A. Pruzan". Mergr. May 25, 2019.
  12. "Centerview Partners hires two partners". PE Hub. September 3, 2014.
  13. "50 Best Investment Banks to Work For". Vault. September 6, 2016.
  14. "50 Best Investment Banks to Work For in 2019". Vault. August 8, 2018.
  15. "50 Best Investment Banks to Work For in 2020". Vault. January 28, 2020.
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