Porter White Capital Advisors (“PW&Co”), a Birmingham investment bank, is pleased to announce that it served as the exclusive sell-side advisor on the recent sale of Jackson Medical Center (“JMC”) to the City of Jackson Health Care Authority (the “Jackson… Read More >
PWCO Promotes Ross Walker to Associate
Porter, White & Company is pleased to announce the promotion of Ross Walker to Associate. Ross joined the firm in 2020 as a Financial Analyst supporting the Investment Management division through investment analysis, portfolio management, and trading. In 2021, he… Read More >
Porter White Moves to the Historic Woodward Building
Porter White recently moved to the tenth floor of the historic Woodward Building in downtown Birmingham from its home in the Steiner Building for the last 40 years. To learn more, read this B’ham Now article for a sneak peek… Read More >
PW&Co Completes Sale of Renaissance Manufacturing Group
Certain principals of PW&Co acted as the exclusive sell-side advisor to Renaissance Manufacturing Group, LLC and its ancillary businesses in its sale to the Lawton Standard Co. PW&Co’s investment banking team was led by Michael Stone with support from Zac… Read More >
PW&Co Advises on Acquisition of Print Brokerage
PW&Co, a Birmingham investment bank, served as the buy-side advisor to a consortium of credit unions in the acquisition of a print brokerage and management firm (“the Company”). PW&Co’s investment banking team was led by Michael Stone with support from… Read More >
PWCO Promotes Michael Stone to Managing Director
Michael Stone has been promoted to Managing Director of Investment Banking for PW&Co. In Michael’s 12 years with the firm, he has worked in all aspects of the firm’s business activities, including mergers and acquisitions, capital raising, municipal advisory, strategic… Read More >
PW&Co Advises on Acquisition of an Insurance Brokerage Company
PW&Co served as the buy-side advisor in the acquisition of an insurance brokerage firm (the Target) by a credit union service organization (CUSO). PW&Co’s investment banking team was led by Michael Stone with support from Zac Venos and Ross Walker…. Read More >
PW&Co Completes Sale of Franklin Iron Works and Alabama Casting
PW&Co, a Birmingham Investment Bank, acted as the exclusive sell-side advisor to Franklin Iron Works, Inc. and Alabama Castings, LLC (collectively “Franklin Iron” or the “Company”) in their sale to Druid Capital Partners and Elyton Capital. Based in Thorsby,… Read More >
Zac Venos Joins PWCO
Porter White & Company is pleased to announce that Zac Venos has joined the firm as a Financial Analyst primarily supporting the firm’s Investment Banking division. Zac assists the investment banking team through preparing financial analysis for mergers and acquisitions,… Read More >
PWCO Announces New Financial Analyst Hire
Ross Walker has joined the firm as a Financial Analyst primarily supporting the firm’s Investment Management practice. Ross assists the investment management team with analysis, portfolio management, and client services. Ross is a recent graduate of Wofford College where he… Read More >
PWCO Promotes Dana Crane to Office Manager
Dana Crane has been promoted to Office Manager. Dana joined the firm in 2008 as a receptionist/secretary and has steadily assumed additional responsibilities since then. In this position, she is responsible for overall general office operations, such as internal accounting,… Read More >
PWCO Promotes Michael Stone to Director of Investment Banking
Michael Stone has been promoted to Director, Investment Banking. Michael, who joined the firm in January 2011, is active in all investment banking activities including mergers and acquisitions, capital raising, valuation, municipal advisory, project finance, and strategic consulting. He has… Read More >
PW&Co Serves as Municipal Advisor to the City of Birmingham on Major Financing
Porter White & Company served as municipal advisor to the City of Birmingham on the City’s Tuesday, October 20 refunding of $179 million of general obligation debt, a substantial portion of the City’s outstanding debt to achieve significant interest savings…. Read More >
PW&Co Advises Birmingham Airport Authority on $102,130,000 Refunding
Porter White & Company (“PW&Co”), a Birmingham-based municipal advisor, is pleased to announce that it served as the municipal advisor to the Birmingham Airport Authority (the “Authority”) on the issuance of $102,130,000 Airport Revenue Bonds, Series 2020, dated July 9,… Read More >
Merger of BankFirst Capital Corporation and Traders & Farmers Bancshares Completed
On July 1, 2020 BankFirst Capital Corporation of Macon, MS and Traders & Farmers Bancshares, Inc. of Haleyville, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.8 billion institution operating across Alabama… Read More >
PW&Co Advises on Acquisition of a Real Estate Agency
PW&Co served as the buy-side advisor in the acquisition of a real estate agency (“the Target”) by a credit union service organization (“CUSO”). PW&Co’s investment banking team was led by Michael Stone with support from Kip Porter. The CUSO was… Read More >
First Southern State-Vantage Merger Complete
On October 31, 2019 First Bancshares of Stevenson, Inc. of Stevenson, AL (“FBS”) and Vantage Bancshares, Inc. of Albertville, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $525 million institution. The company… Read More >
River Bank-Trinity Bank Merger Complete
On October 31, 2019 River Financial Corporation of Prattville, AL and Trinity Bancorp, Inc. of Dothan, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.30 billion institution operating in three of Alabama’s… Read More >
