• Tech News
    • Games
    • Pc & Laptop
    • Mobile Tech
    • Ar & Vr
    • Security
  • Startup
    • Fintech
  • Reviews
  • How To
What's Hot

Elementor #32036

January 24, 2025

The Redmi Note 13 is a bigger downgrade compared to the 5G model than you might think

April 18, 2024

Xiaomi Redmi Watch 4 is a budget smartwatch with a premium look and feel

April 16, 2024
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
    1. Games
    2. Pc & Laptop
    3. Mobile Tech
    4. Ar & Vr
    5. Security
    6. View All

    Bring Elden Ring to the table with the upcoming board game adaptation

    September 19, 2022

    ONI: Road to be the Mightiest Oni reveals its opening movie

    September 19, 2022

    GTA 6 images and footage allegedly leak

    September 19, 2022

    Wild west adventure Card Cowboy turns cards into weird and silly stories

    September 18, 2022

    7 Reasons Why You Should Study PHP Programming Language

    October 19, 2022

    Logitech MX Master 3S and MX Keys Combo for Business Gen 2 Review

    October 9, 2022

    Lenovo ThinkPad X1 Carbon Gen10 Review

    September 18, 2022

    Lenovo IdeaPad 5i Chromebook, 16-inch+120Hz

    September 3, 2022

    It’s 2023 and Spotify Still Can’t Say When AirPlay 2 Support Will Arrive

    April 4, 2023

    YouTube adds very convenient iPhone homescreen widgets

    October 15, 2022

    Google finishes iOS 16 Lock Screen widgets rollout w/ Maps

    October 14, 2022

    Is Apple actually turning iMessage into AIM or is this sketchy redesign rumor for laughs?

    October 14, 2022

    MeetKai launches AI-powered metaverse, starting with a billboard in Times Square

    August 10, 2022

    The DeanBeat: RP1 simulates putting 4,000 people together in a single metaverse plaza

    August 10, 2022

    Improving the customer experience with virtual and augmented reality

    August 10, 2022

    Why the metaverse won’t fall to Clubhouse’s fate

    August 10, 2022

    How Apple privacy changes have forced social media marketing to evolve

    October 16, 2022

    Microsoft Patch Tuesday October Fixed 85 Vulnerabilities – Latest Hacking News

    October 16, 2022

    Decentralization and KYC compliance: Critical concepts in sovereign policy

    October 15, 2022

    What Thoma Bravo’s latest acquisition reveals about identity management

    October 14, 2022

    What is a Service Robot? The vision of an intelligent service application is possible.

    November 7, 2022

    Tom Brady just chucked another Microsoft Surface tablet

    September 18, 2022

    The best AIO coolers for your PC in 2022

    September 18, 2022

    YC’s Michael Seibel clarifies some misconceptions about the accelerator • DailyTech

    September 18, 2022
  • Startup
    • Fintech
  • Reviews
  • How To
Behind The ScreenBehind The Screen
Home»Startup»Seattle investment bank Cascadia Capital lands unique funding deal to expand services – Startup
Startup

Seattle investment bank Cascadia Capital lands unique funding deal to expand services – Startup

September 15, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Seattle investment bank Cascadia Capital lands unique funding deal to expand services – GeekWire
Share
Facebook Twitter LinkedIn Pinterest Email
Cascadia Capital co-founders Michael Butler (left) and Kevin Cable. (Cascadia Capital Photo)

Cascadia Capital, a Seattle-based middle-market investment bank, is boosting its cash balance through a unique deal with a private equity firm.

Cascadia landed more than $50 million from Atlas Merchant Capital, a New York and London-based firm founded by former Barclays CEO Bob Diamond.

Founded in 2000, Cascadia Capital helps healthcare, retail, technology and other companies find buyers.

The deal announced Wednesday is rare, given that an investor such as Atlas is making a substantial minority equity investment into an independent advisory banking firm. “They are few and far between,” Cascadia co-founder and CEO Michael Butler told Startup.

Butler said the deal will help Cascadia “close the gap” with its competitors, and also give more ownership of the firm to managing directors.

“Across the broader investment banking landscape, large Wall Street banks have become less entrepreneurial, less versatile, and more like utilities,” Diamond said in a statement. “This shift — coupled with the recent wave of consolidation — underscores the critical need for what Cascadia brings to the market as an innovative and flexible independent firm.”

Butler previously worked with Diamond at Morgan Stanley. He described Diamond and Tom King, another Atlas partner, as “luminaries.”

“We believe we have an opportunity to do something really special with the help of Atlas,” Butler said.

In addition to team expansion, Cascadia plans to grow its consulting services in capital raising and valuation practices, among others.

Butler co-founded Cascadia in 2000 with Kevin Cable, who currently works as a managing director at the firm. Last year, it raised $150 million for a special purpose acquisition company, or SPAC, called Cascadia Acquisition Corp. that is targeting a company in the robotics and AI space. The firm has yet to name a company that it plans to acquire through the SPAC vehicle.

See also  Airbnb Is Running Riot in Small-Town America

Cascadia also makes direct investments in companies via Cascadia Private Capital, its merchant banking arm. In 2018, Cascadia said it would invest up to $500 million in Pacific Northwest companies with the creation of its “Investment Club,” made up of Cascadia Private Capital and other backers interested in long-term deals.



Source link

bank capital Cascadia Deal expand funding Investment lands Seattle Services Startup unique
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Multiple Milestones As New Majority Capital Boosts Entrepreneurship Through Acquisition

September 26, 2023

Getty Images Plunges Into the Generative AI Pool

September 26, 2023

3 Hot Startup Opportunities In Augmented Reality

September 26, 2023

The ChatGPT App Can Now Talk to You—and Look Into Your Life

September 25, 2023
Add A Comment

Comments are closed.

Editors Picks

Respawn is changing those supposed pay-to-win Apex Legends skins

September 18, 2022

Microsoft warns of increased Russian cyberattacks on countries supporting Ukraine

June 27, 2022

‘Wordle’ today, July 2: Answer, hints, help for Wordle #378

July 2, 2022

The PS Plus Essential Games for September 2022 have leaked

August 31, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Elementor #32036

The Redmi Note 13 is a bigger downgrade compared to the 5G model than you might think

Xiaomi Redmi Watch 4 is a budget smartwatch with a premium look and feel

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.uk - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.