LAKE OSWEGO, OR (BRAIN)—D.A. Davidson & Co. has acquired Silver Steep Partners LLC, an investment banking firm specializing in the outdoor and active lifestyle industry. Silver Steep is the firm responsible for such high profile industry mergers including Oval, Kestrel and Camelbak.
Silver Steep Partners, based in Seattle, is led by Nathan Pund and Robert Farinholt, two senior investment bankers with a strong track record of advising clients, having closed 16 deals in the outdoor and active lifestyle sector over the last few years. Pund and Farinholt will join D.A. Davidson’s existing office in Seattle. Pund joins D.A. Davidson’s Investment Banking Group as a managing director. Prior to co-founding Silver Steep, he worked for RBC Capital Markets, Prudential Securities, and Interstate/Johnson Lane. Pund has spent the majority of his career advising branded consumer products companies in an array of public equity, private placement, and mergers andacquisitions assignments generating more than $4 billion in transaction value.
“We are excited to join forces with D.A. Davidson,” Pund said. “The Davidson platform will provide us with the tools and infrastructure necessary to offer a more comprehensive set of products and services to our clients while still maintaining our unique industry focus."