Westbury Group Company

Westbury Group Company: An In-Depth Overview

1. Company Overview

Founding Date and Background

Westbury Group LLC was founded in 2003 by Peter Spreadbury, with a focus on providing exceptional financial and strategic advisory services tailored for middle-market firms. The firm has since evolved to become a prominent player in the investment banking sector, particularly for entrepreneurial and family-owned businesses.

Parent Company/Owership Structure

Westbury Group operates as an independent investment bank and is not a subsidiary of any larger financial institution. It is owned by its partners, including Jon Rubin, Bryan MacDonald, and Patrick Huddie, who purchased the firm from its founder in 2009.

Headquarters Location

The firm is headquartered in Westport, Connecticut, strategically positioned to access major financial markets in New York and Boston while serving clients across the United States and Canada.

Global Business Scope

Westbury Group has established a global reach through its membership in the International Corporate Finance Group (ICFG), a consortium of investment banking boutiques operating in over 20 offices worldwide. This affiliation allows Westbury to facilitate cross-border transactions and engage with a diverse range of buyers and investors.

Main Regulatory Bodies

Westbury Group is a registered broker-dealer with the Financial Industry Regulatory Authority (FINRA) and adheres to regulations set forth by the Securities and Exchange Commission (SEC). This regulatory oversight ensures compliance with industry standards and client protection measures.

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2. Company History and Development

Key Milestones

• 2003: Founded by Peter Spreadbury in Southport, Connecticut.
• 2007: Established a referral agreement with a major Wall Street investment bank, expanding its network.
• 2009: The firm was purchased by Jon Rubin, Bryan MacDonald, and Patrick Huddie, who relocated it to Westport, Connecticut.
• 2012: Celebrated the 10th anniversary of its referral agreement with Wall Street firms.
• 2020: Launched a rebranding initiative and redesigned its website to enhance its online presence.

Business Expansion Journey

Since its inception, Westbury Group has experienced substantial growth, evolving into one of the largest investment banking firms based in Connecticut. The firm has expanded its team by adding senior investment bankers with diverse backgrounds, enhancing its service offerings and capabilities.

Customer Base Growth

Westbury Group primarily serves middle-market firms, focusing on private companies with transaction values ranging from $20 million to over $250 million. The firm has built a robust client base that includes entrepreneurial ventures and family-owned businesses, leveraging its extensive network of relationships with buyers and investors.

Platform Development History

Westbury's platform has evolved to include a comprehensive suite of investment banking services, including mergers and acquisitions, equity and debt financing, and business advisory services. The firms approach emphasizes a collaborative and transparent relationship with clients, ensuring tailored solutions to meet their unique objectives.

Important Awards or Recognitions Received

While specific awards were not detailed in the provided information, Westbury Group has garnered positive testimonials from clients, reflecting its commitment to excellence in service delivery and successful transaction outcomes.

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3. Trading Services Offered

Forex Trading Options

Westbury Group does not primarily focus on retail trading services such as Forex trading. Instead, its core competencies lie in investment banking services for middle-market firms. Therefore, specific details regarding currency pairs offered are not applicable.

Stock Trading Options

Similar to Forex, Westbury Group does not engage in direct stock trading services. Its primary role is to advise clients on mergers, acquisitions, and capital raising efforts rather than facilitating stock transactions.

CFD Trading Products

Westbury Group does not offer Contracts for Difference (CFDs) as part of its service offerings. The firms focus is on providing comprehensive investment banking solutions rather than retail trading products.

Other Financial Instruments

Westbury Group specializes in advising on mergers and acquisitions, equity capital raising, and debt financing. While it does not directly offer trading in cryptocurrencies or commodities, it may assist clients in transactions involving these assets through its advisory services.

Special Services or Unique Advantages

Westbury Group distinguishes itself through its commitment to client-centric service, leveraging its extensive network of professionals, including attorneys, accountants, and wealth managers. The firms transparent and collaborative approach ensures that clients receive tailored solutions that align with their specific goals.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Westbury Group is regulated by the following bodies:

• Financial Industry Regulatory Authority (FINRA)
• Securities and Exchange Commission (SEC)

Legal Entity Structure by Region

Westbury operates as a limited liability company (LLC) registered in Connecticut. Its structure allows for flexibility in operations while providing liability protection to its owners.

Client Fund Protection Measures

As a FINRA-registered broker-dealer, Westbury Group adheres to strict regulatory standards that include safeguarding client funds and maintaining transparency in transactions.

Countries/Regions Served

Westbury Group primarily serves clients across the United States and Canada, with capabilities to engage in cross-border transactions through its international affiliations.

Compliance History

The firm maintains a strong compliance culture, ensuring adherence to all regulatory requirements. Its commitment to ethical practices and client confidentiality underpins its operations.

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5. Competitive Landscape

3-5 Main Competitors

1. Lazard Middle Market: A well-established investment bank specializing in advisory services for middle-market firms.
2. William Blair: Offers investment banking, investment management, and private wealth management services.
3. Houlihan Lokey: Known for its expertise in M&A, capital markets, and financial restructuring.

Positioning in the Industry

Westbury Group positions itself as a dedicated investment bank focused on the unique needs of middle-market businesses, particularly entrepreneurial and family-owned firms. Its commitment to personalized service and strategic advisory differentiates it from larger, more generalized financial institutions.

Market Differentiation Factors

Key differentiation factors for Westbury Group include:

• Client-Centric Approach: A focus on understanding and achieving the unique objectives of each client.
• Expertise in Middle Market Transactions: Extensive experience in handling transactions ranging from $20 million to over $250 million.
• Strong Network: Access to a broad network of buyers, investors, and advisors, enhancing deal-making capabilities.

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In conclusion, Westbury Group stands out as a prominent investment bank dedicated to serving middle-market firms with a comprehensive suite of advisory services. Its commitment to client success, coupled with its extensive industry expertise, positions it as a trusted partner for businesses navigating complex financial transactions. For those interested in learning more about Westbury Group's services and capabilities, further information can be found on their official website.