NEW YORK: Credit market brokerage Seaport Group has issued an RFP for a PR agency partner to work on the company's merger with investment bank Global Hunter Securities.
The New York-based brokerage is looking to hire a firm to help with the merger, confirmed Lisa Weiss, head of human resources and benefits at the Seaport Group, but she declined to offer further details on the review.
Expected to be completed by the end of the year, the merger will create a full-service investment bank with about 300 staffers.
Mike Meagher, co-founder of Seaport Group, and Daniel Conwill, CEO of Louisiana-based Global Hunter Securities, will serve as co-chief executives of the organization, which will have offices in both New York and New Orleans.
The name of the combined firm has not yet been determined, and financial terms of the merger were not disclosed.
Founded in 2001, the Seaport Group has nearly 200 professionals who work on more than 12 business lines, such as convertible bonds, preferred sales and trading, and emerging markets, according to its website.
Global Hunter Securities, which was established in 2005, focuses on the energy and shipping industries.
In the summer, Global Hunter Securities advised on Meidu Holdings' purchase of Woodbine Acquisition for $135 million.