Thomas Weisel Partners

Infobox_Company | company_name = Thomas Weisel Partners Group, Inc.
company_
company_type = Public (nasdaq|TWPG tsx|TWP)
company_slogan = Experts in Growth
foundation = 1999
location = San Francisco, California
key_people = Tom Weisel, Chairman and CEO

num_employees =
revenue =
industry = Financial Services
products =
homepage = [http://www.tweisel.com www.tweisel.com]

Thomas Weisel Partners Group, Inc. (nasdaq|TWPG TSX|TWP), also known as TWP or Weisel, is a U.S. growth focused investment banking firm based in San Francisco, California.

The firm was launched in January 1999 by Thom Weisel and other personnel from the former Montgomery Securities. In 1997, Thom Weisel helped to orchestrate a $1.3 billion acquisition of Montgomery Securities by NationsBank. [http://media.wiley.com/product_data/excerpt/75/04712141/0471214175.pdf] . Brandt, Richard. Capital Instincts. ISBN 0-4712-1417-5] The following year, however, NationsBank acquired BankAmerica Corp, which itself had acquired Technology-based rival Robertson. A culture clash and fight for control ensued at the newly combined investment banking units of what is now known as Banc of America Securities. [http://media.wiley.com/product_data/excerfpt/75/04712141/0471214175.pdf] . Brandt, Richard. Capital Instincts. ISBN 0-4712-1417-5] In the process, senior bankers from Montgomery Securities secured backing from the Silicon Valley Venture Capital community and left to form their own venture: Thomas Weisel Partners. [http://media.wiley.com/product_data/excerpt/75/04712141/0471214175.pdf] . Brandt, Richard. Capital Instincts. ISBN 0-4712-1417-5]

Thomas Weisel Partners, heavily focused on technology, prospered during the dot-com rise that peaked in its early years. The firm, however, hit turbulent times as technology saw a tremendous downturn. Bolstered by diversification into areas such as healthcare and consumer products, however, the firm survived and continued to operated independently. In search of additional capital, the firm made its debut on the NASDAQ on February 2, 2006 under the symbol (nasdaq|TWPG). [http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B002C095A-6EC6-4EC7-985D-C9B72A90B73C%7D&siteid=mktw] . CBS Market Watch. Thomas Weisel IPO up 30% in debut. 02/02/2006]

Following its acquisition of Westwind Partners that closed on January 2, 2008 [http://money.cnn.com/news/newsfeeds/articles/marketwire/0344334.htm] . CNN. Thomas Weisel Partners Completes Acquisition of Westwind Partners - Announces Appointment of Westwind CEO as President of TWP and Selected Preliminary Fourth Quarter 2007 Results. 01/02/2008] , the firm now offers a broad coverage platform across technology, media, healthcare, consumer products, energy, mining, and real estate. [http://www.tweisel.com/] . Thomas Weisel Partners. Retrieved 01/16/2008] [http://www.westwindpartners.ca/new/default.aspx] . Thomas Weisel Partners Canada. Retrieved 01/16/2008] Equity and Debt underwriting and Merger and Acquisition advisory operations are supplemented by Research, Trading, Brokerage, and Asset Management units as the firm operates a full-service investment bank. [http://www.tweisel.com/] . Thomas Weisel Partners. Retrieved 01/16/2008] [http://www.westwindpartners.ca/new/default.aspx] . Thomas Weisel Partners Canada. Retrieved 01/16/2008] Various divisions operate out of San Francisco, New York, Toronto, London, Baltimore, Zurich, Calgary, Montreal, Boston, Chicago, Cleveland, Denver, Portland, and East Palo Alto. [http://www.tweisel.com/] . Thomas Weisel Partners. Retrieved 01/16/2008] [http://www.westwindpartners.ca/new/default.aspx] . Thomas Weisel Partners Canada. Retrieved 01/16/2008]

References