Primary Equity Capital Markets
Mischler’s Primary ECM Pedigree & Complementary Role. MFG’s Primary Equity Capital Markets (ECM) team has a long and well-documented history of working with a broad spectrum of equity Issuers, their respective Private Equity sponsors and their lead investment banks. We serve as a pure complement to the role played by lead underwriters while advancing initial public offerings and secondary market follow-on offerings.
Upwards of 200 IPO and ECM Transactions since 2014, during which time Mischler has been involved in 160+ successful IPO and follow-on equity offering transactions. We are enlisted to participate in underwritings advanced by the most recognized ‘Unicorns’ and dozens of formidable and fast-growing enterprises across every industry and sector, including, healthcare and biotech, energy, bank and finance, technology, REIT, consumer finance, industrial manufacturing, defense, retail, consumer products, hotel and lodging, and entertainment.
Underwriter, Manager & Equity Syndicate Group Capabilities. MFG is awarded mandates to serve as a co-underwriter, manager, co-manager and/or selling group roles much in part because of our fluency in the new issue marketplace, our time-tested capability to seamlessly administer new issue transactions, and for placing new share offerings with a highly coveted middle-markets distribution network.
850+ Public Pension Sponsors & “Under-covered” Investment Managers. Equity Issuers and their lead investment banks appreciate that Mischler’s investor base is comprised of sophisticated investment managers who buy and hold; many tend to increase holdings post IPO. Investment managers look to Mischler’s ECM team for access to new offerings from promising, newly-public companies whose management is dedicated to enhancing long-term shareholder value and whose ethos and culture includes advancing corporate diversity and inclusion initiatives.
Post IPO Transactions: Follow-On | Buybacks | Debt Offerings
Secondary & Follow-On Share Offerings. IPO issuers who return to the capital markets with new offerings in form of secondary. follow-on, sell-down or “ATM” transactions rely on Mischler’s ECM team for distribution capabilities and serving as a complement to the role played by Issuers’ lead investment bank(s).
Share Repurchase, 10b5-1, New Debt Issuance (IG/HY DCM). Long after an IPO event, corporate treasury teams that become focused on share repurchase programs and/or issuance of corporate debt look to Mischler’s capital markets team to add value. Fortune issuers buying back company shares embrace Mischler’s holistic approach to 10b-18 best execution, as evidenced by the multiple broker-rotation schedules we participate in.
125+ Fortune Co. Debt Issuers have selected Mischler Financial Group to serve as a complement to the role played by their lead investment banks. Since 2016, Mischler has served as manager, co-manager and/or selling group syndicate member for 600+ debt market offerings, representing nearly $700bil in notional value.
La Quinta Holdings