Matrix Announces Promotions & Personnel Updates
Richmond, VA – November 26, 2014 – Matrix Capital Markets Group, Inc. (“Matrix”) is pleased to announce several promotions and personnel updates.
John J. Underwood was promoted to Director in the Matrix Energy & Multi-Site Retail Group (“EMR Group”). He was previously the Retail Portfolio Manager for BP and was responsible for managing BP’s retail station divestment program in the United States east of the Rockies. He has helped originate and execute a number of successful transaction mandates since joining Matrix in 2011, including the sale of the assets of Florida Oil Holdings to Circle K, Inc. and the sale of Atlas Oil Company’s Chicago area BP assets to Lehigh Gas Partners LP and Parent Petroleum, Inc.
William J. O’Flaherty, a member of the Matrix Consumer & Industrial Products Group, has been promoted to the position of Senior Associate. Since joining the firm in 2011, he has been involved in numerous successful transactions including the transition of Stevens Manufacturing to J.H. Whitney Capital Partners and the sale of Ashton Lewis Lumber Company. Mr. O’Flaherty graduated from the University of Virginia’s McIntire School of Commerce where he received a B.S. in Commerce with a concentration in finance.
Stephen C. Lynch, CFA, CPA, Associate, has successfully completed the CFA Program. He now holds the Chartered Financial Analyst designation and is a member of the CFA Institute. Mr. Lynch has been instrumental in the successful completion of multiple sell-side advisory transactions including the sale of Cumberland Farms, Inc.’s company operated convenience stores in the Mid-Atlantic to Petroleum Marketing Group and the sale of Rogers Petroleum, Inc.’s convenience stores to Lehigh Gas Partners. He received both a B.S. in Finance and a B.S. in Accounting & Information Systems from Virginia Polytechnic Institute and State University (Virginia Tech). He has been with Matrix since 2011.
In addition, Andrew A. LoPresti, CPA, Senior Analyst, has completed his CFA Level 2 exam and is now a CFA Level 3 candidate. He is a graduate of the Joseph A. Sellinger, S.J. School of Business Management at Loyola University Maryland with a Bachelor of Business Administration Degree in Accounting with a minor in Biology. Since joining Matrix in 2012, Mr. LoPresti has advised on the successful sale of Atlas Oil Company’s
Chicago area BP assets to Lehigh Gas Partners LP and Parent Petroleum, Inc., as well as the sale of Dickerson Petroleum, Inc. to Mac’s Convenience Stores, LLC, among others.
“We are thrilled with the continued growth Matrix is experiencing, both in terms of transactions as well as career development,” commented Michael Morrison, Managing Director and President of Matrix. “We have an outstanding group of people who work very hard for our clients. They are what sets us apart from our competition.”
About Matrix Capital Markets Group
Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with offices in Baltimore, MD and Chicago, IL. Since 1988, Matrix has provided merger & acquisition and financial advisory services for privately-held, private-equity owned and publicly traded companies, including sell-side M&A advisory, recapitalizations, asset divestitures, corporate valuations, corporate recovery, buy-side M&A advisory, capital raises of debt and equity, management buyouts, corporate advisory and fairness opinions. Matrix has served clients in a wide range of industries, including building products, business services, consumer products, healthcare, industrial products, lumber and petroleum marketing & distribution. For additional information, please visit www.matrixcmg.com.
Securities offered by Matrix Private Equities, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA, SIPC.