Wes Edens: A Successful Entrepreneur and Investor

Wes Edens co-founded the Fortress Investment Group. He has been with the company ever since it was established in 1998, and he developed a great working relationship with his co-founders, Rob Kauffman and Randal Nardone. Before the establishment of the company, he, along with his co-founders, was working for several financial institutions. They decided to start up a business that also offers the same services, and they were optimistic that their business would flourish because of the high demand for such services. Wes Edens has to resign from his job, and after he established the Fortress Investment Group in 1998, he started focusing on various strategies that would help them catapult to success.

One of the strategies that he developed would be persuading business owners to take advantage of their financial services. He also told his co-founders that they would have to focus on giving their clients a world-class service, while at the same time, doing everything that they can to increase their assets and provide them with greater profits. Because of their knowledge in the field of investing and trading, it was not difficult for the founders of the Fortress Investment Group to turn their clients’ assets into millions overnight. The news about their capabilities spread like wildfire, and the founders started to notice a tremendous increase in the number of people who wanted to avail of their services. The assets managed by the company expanded from millions to billions after a few years, and today, they are managing more than $65 billion worth of investments.

Wes Edens was a prominent figure in the transformation of the company, and because of his skills in managing finances, the company became recognized as one of the fastest growing private equity firms in the United States. He also pushed for the idea of introducing the Fortress Investment Group to the New York Stock Exchange. They introduced the company as an IPO and sold more than $600 million worth of shares to the public. It further cemented the company’s reputation as a leading private equity firm in the United States. Aside from managing the Fortress Investment Group, Wes Edens is also known for investing in sports teams. He purchased the franchise for the Milwaukee Bucks, who plays for the National Basketball Association. He is also the current manager for FlyQuest, which is a team dedicated to playing e-Sports. He also purchased the Aston Villa football team, and he also invested in transportation through his company called the Brightline Train.

Madison Street Capital

During the 16th annual M&A Awards on November 13th, Madison Street Capital received the Debt Financing Deal of the Year for 2017 for advising on the transaction for WLR Automotive. Madison Street Capital was chosen over 650 participating companies but stood out in a group of impressive competitors.

 

WLR Automotive Group is a leading car wash and detailing, lube, and automotive repair company in Maryland and Tri-state region serving over 300,000 customers per year. Under the Senior Managing Director, Barry Petersen, Madison Street Capital advised on the $13.2 million sale-leaseback of five WLM locations, and provided the opportunity for WLM to raise capital, reinvest, and expand the company at a quicker pace.

 

Founded in 2005, Madison Street Capital is an international investment banking firm in Chicago, IL providing a variety of financial services including corporate advisory, valuation services, and financial opinions for middle-market companies. The firm strives to provide its clients with the best mergers & acquisitions advisory services available. With offices on three continents, Madison Street Capital is a leading provider in investment firms.

 

“We are honored to be the recipients of an M&A Advisor Award this year in the debt financing category,” said Madison Street Capital’s CEO, Charles Botchway. Madison Street Capital was a finalist for Boutique Investment Banking Firm of the Year and Financials Deal of the Year (Under 250MM.) In 2017, Madison Street Capital was also awarded with the 9th Annual International M&A Advisor Awards M&A Deal of the Year as well as the 11th Annual Turnaround Awards for Restructuring Deal of the Year.

 

Having offices in the United States, India, and Ghana, Madison Street Capital has made an impressive name for themselves. The multiple award winning company has helped with quite a few companies and exciting deals. It really is no wonder Madison Street Capital won such a prestigious award at the M&A Awards.

 

 

CITATIONS-

 

Fitzpatrick, C. (2018). Madison Street Capital Announced as Winner of the 16th Annual M&A Advisor Awards. [online] PR.com. Available at: https://www.pr.com/press-release/736511 [Accessed 22 Feb. 2018].

 

Madisonstreetcapital.com. (2017). Madison Street Capital Advises WLR Automotive Group on $13.2 Million Sale/Leaseback Transaction. [online] Available at: http://madisonstreetcapital.com/press-room/id/83 [Accessed 22 Feb. 2018].