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Full analysis of Berkery, Noyes investment bank
Hello, and thanks for your request for a full analysis of Berkery, Noyes Investment Bank. The short version is that the firm specializes in mergers and acquisition advisory services, debt and equity financing, and financial consulting services. It derives its competitive advantage from strong buyer intelligence, data and analytics, cutting-edge programming technologies, thought leadership, strong business development teams and models, and positive employee relationships.
Below you will find a deep dive of my findings.
METHODOLOGY
The research was conducted by exploring a wide range of industry publications, to garner detailed information on Berkery, Noyes Investment Bank, particularly relating to its areas of competitive advantage. This information was outlined in a discussion format, with appropriate sub-headings, followed by a summary of findings.
FINDINGS
Berkery Associates was founded in 1980 by Joseph W Berkery, and merged with the investment banking firm, Noyes Partners, in 1983, to form Berkery, Noyes & Co. Investment Bank, which is currently a division of Noyes Partners.
Berkery, Noyes & Co. Investment Bank represents companies in a wide range of disciplines, including technology, marketing, and IT. The firm's main interests lie in mergers and acquisitions in healthcare, education, and financial technology. The firm was instrumental in the development of major information industry companies like Reed Elsevier, The Thomson Corporation (Thomson Reuters), and McGraw-Hill.
An in-depth description of the firm's activities is given by the Publishing Executive, which states that ''the firm specializes in mergers and acquisitions advisory, debt and equity financing, and financial consulting services for companies in the $20 million to $500 million range. Since its founding by Joseph W. Berkery in 1983, Berkery Noyes has worked with corporate clients to grow through acquisition, divest non-core assets, and maximize shareholder returns through strategic transactions and restructurings. For private owners, Berkery Noyes helps create liquidity and execute timely exit strategies that achieve their personal and professional objectives.''
BNC's AREAS OF COMPETITIVE ADVANTAGE
BUYER INTELLIGENCE, DATA AND ANALYTICS
As seen on its website, the internal database of the bank contains information on over 100,000 companies and C-level executives. It keeps comprehensive records of each firm it communicates with, and is in constant contact with the largest industry players. All of this valuable information has been collated over a period spanning decades and enables the firm to devise and build on comprehensive buyer intelligence. BNC identifies non-traditional purchasers, including many of those historically overlooked by other firms.
PROGRAMMING TECHNOLOGY
According to WatersTechnology, ''Seven years ago, four individuals came together to create a fast and expressive programming language to compete with the likes of R, Matlab, Python and about three dozen other dynamic tools. Their work gave birth to the Julia programming language.''
Information is increasingly reliant on data and speed in today's capital markets. Each year brings greater demand for more extensive data and faster systems to process it. This is where Julia comes in, and BNC has been quick to capitalize on its power.
''Julia is an open-source programming language that allows users to create numerical algorithms that outperform other similar algos using Just In Time (JIT) interpretive languages. It is easily deployed on cloud containers and is relatively easy to use, as it drastically cuts down on the lines of code needed'', states the above source.
As stated by Keith Lubell, the Chief Technology Officer at Berkery Noyes, "In my initial tests, Julia performs 12 times faster than our SQL solution, and since we rerun this model many times, feeding it different slices of the market, it can add up to a substantial performance boost...Such a performance boost is a big benefit and we could then open up these live analytics to one of our websites, rather than having to do the calculations in batch and store them for fast recall by our web servers."
THOUGHT LEADERSHIP
Berkery, Noyes & Co. Investment Bank has compiled an enviable degree of acquisition data which has helped to bolster the company's reputation as a major thought leader in the information space, and in their associated vertical markets.
In furtherance of this thought leadership, a good number of their directors have authored in recent times, byline articles which have been featured in a large number of respected publications, including Forbes, Dow Jones, Information Week, Educational Marketer, and The Deal.
STRONG BUSINESS DEVELOPMENT TEAM
The company's business development model is predicated on building and maintaining long-term relationships with its global clientele, and this continues to bear fruit going forward.
According to the firm, ''Our business development team is well trained in data and web analytics. These staffers, who are focused on long-term relationship building, are continuously identifying and speaking with budding entrepreneurs and established industry leaders alike.''
POSITIVE EMPLOYEE RELATIONSHIPS
There are several employee reviews of the firm. The main points that stand out in the reviews are that the firm prioritises:
- Access to the latest technology.
- Knowledge sharing among the teams.
- Semi-annual meetings which bring all different parts of the
business together and enable staffers to share their views,
insights, and concerns.
- Work flexibility.
SUMMARY
Berkery, Noyes Investment Bank specializes in mergers and acquisition advisory services, debt and equity financing, and financial consulting services. It derives its competitive advantage from strong buyer intelligence, data and analytics, cutting-edge programming technologies, thought leadership, strong business development teams and models, and positive employee relationships.
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