Matrix possesses deep and multi-faceted M&A experience with healthcare service businesses and medical device companies across many sectors of the industry.
Our healthcare investment banking professionals have extensive experience advising on strategic alternatives to companies within the healthcare, wellness, and education sectors.
Our expertise as advisors for capital raises and mergers and acquisition services is augmented by experience as acquirers and operators who dealt first-hand with consistently evolving regulatory and reimbursement environments.
A list of sectors on which the team focuses is presented below.
Assignments executed since launching the Healthcare Group at Matrix may be found in our list of Transactions.
“Matrix’s professionalism resulted in a positive outcome for all parties. David, David, and Brady were focused on understanding our objectives and providing alternatives, gave sound advice, and did an outstanding job managing the process.”Donna Kelleher, President & CEO
“The Matrix team provided us with first rate representation and advice throughout the process. Their knowledge of the industry and process combined with responsiveness and dedication was invaluable.”Johannes Burlin, President
“It was a pleasure to work with the professionals at Matrix on these transactions. The repositioning of capital within our market area is an important part of our strategy to acquire new sites, renovate existing sites, and own and operate sites consistent with our brand identity.”Joe Petrowski, Chief Executive Officer
“The Matrix deal team worked tenaciously to guide this extraordinarily complicated transaction to closure. They saw the tremendous fit between our desire for a long-term, growth oriented partner and McCarthy’s unique understanding of the industry, and provided sound analysis and counsel to both sides throughout the process. We look forward to working with Matrix on our next transaction.”Todd Flemming, President & CEO
“We are very pleased with the advisory services provided by Matrix. They spent the time to really learn our business and provided us with solid advice in a difficult environment for raising capital. Once our capital objectives were quantified, Matrix identified potential investors and then worked tirelessly to help negotiate a transaction that met the objectives of both Stalcop and Alpha Capital.”Ron St. Clair, President & CEO
RICHMOND, VA – February 23, 2016 – Matrix Capital Markets Group, Inc. (“Matrix”) announces the successful sale of Next Generation Children’s Centers (“NGCC” or the “Company”) to Cadence Education, Inc. (“Cadence”), a Scottsdale, AZ based portfolio company of Audax Group, Inc. Matrix served as exclusive financial advisor to NGCC. The transaction was led by David […]
Matrix Capital Markets Group, Inc. established its Healthcare Group in late 2014 and has gained traction throughout 2015 and into 2016 by advising on several engagements in the laboratory, behavioral health, wellness, and education sectors. Across the Healthcare Group’s assignments in 2015 strategic acquirers and financial sponsor-backed companies were the most aggressive buyers. The desire […]
RICHMOND, VA – November 6, 2015 – Matrix Capital Markets Group, Inc. (Matrix) announces the successful sale of Safe Foods International Holdings, LLC (SFIH) to Laboratory Corporation of America® Holdings (LabCorp®) (NYSE: LH). Matrix served as exclusive financial advisor to SFIH. The transaction was led by David Keys, Head of Matrix’s Healthcare Team, and David […]
RICHMOND, VA – July 6, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”), a leading middle-market investment bank, is pleased to announce that they have provided corporate advisory services to Arista Laboratories (“Arista”) in the sale of its assets. Arista, based in Richmond, VA, is a leading independent tobacco testing laboratory and subsidiary of Molins […]
RICHMOND, VA – February 5, 2015 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce the expansion of its Healthcare Advisory Team with the addition of David Endom, Senior Associate. Mr. Endom will join David Keys, Director, who launched the practice in 2014, and Braden Hill, Senior Analyst. Mr. Endom brings to Matrix more than […]
Tom is Head of the Downstream Energy & Convenience Retail (DER) Group and serves as the President of Matrix. He founded the DER Group to provide financial advisory services to companies engaged in the petroleum marketing and convenience store industries. In addition, he manages the firm’s Restructuring, Reorganization and Bankruptcy practice. Prior to joining Matrix […]Read Full Bio »
Tom is Head of the Downstream Energy & Convenience Retail (DER) Group and serves as the President of Matrix. He founded the DER Group to provide financial advisory services to companies engaged in the petroleum marketing and convenience store industries. In addition, he manages the firm’s Restructuring, Reorganization and Bankruptcy practice. Prior to joining Matrix in 1997, he was a principal at Kennilworth Holdings, Inc., where he consulted with clients on mergers and acquisitions, corporate restructurings and private placement of debt and equity. During that time, he worked primarily with companies engaged in the distribution of motor fuels and heating fuels, and in convenience store retailing.
In addition to serving as President of Matrix, Mr. Kelso oversees all of the activities of the DER Group with a focus on marketing and client recruitment. Tom also co-advises clients on company sales, divestitures, acquisitions, capital raises, recapitalizations, restructurings, valuations and strategic planning.
Mr. Kelso was the co-founder, 50% stockholder and CFO of Ocean Petroleum Company, an independent petroleum marketer and branded distributor for Exxon USA, Sunoco and BP in Maryland, Delaware, Pennsylvania and Virginia. Prior to founding Ocean, he was employed as the Business Manager of the Evening College and Summer Session, one of the six divisions of Johns Hopkins University, and was the CFO and a Director of the Johns Hopkins Federal Credit Union. He was educated at the University of Baltimore and Johns Hopkins University.
Tom has advised many of the leading companies in the petroleum marketing and convenience retail industries and he has been employed as a professional in thirteen Chapter 11 bankruptcy cases. He has authored and contributed to a number of articles on the topics of mergers and acquisitions, access to capital, strategic planning and valuations for petroleum marketers and convenience store companies. He is a member of the Society of Independent Gasoline Marketers of America (SIGMA), the National Association of Convenience Stores (NACS), the NACS Hunter Club and the Turnaround Management Association (TMA).
Tom currently serves as Chairman of the Maryland Stadium Authority and as Chairman of the Hogan for Governor Campaign Committee. Mr. Kelso is a past Co-Chair of the Hogan – Rutherford Inaugural Committee, Vice Chair & Director of the Foundation for the Preservation of Government House of Maryland, Inc., past Chair and Trustee Emeritus of the Maryland Public Policy Institute and a past trustee, Chairman of the Board and Trustee Emeritus of The John Carroll School. He is also qualified as a FINRA General Securities Principal (Series 24), Uniform Securities Agent (Series 63), Investment Banking Representative (Series 79) and Operations Professional (Series 99).