NEW YORK--(BUSINESS WIRE)--Scott Lemone, a veteran investment banker with over 25 years’ experience raising capital for a broad roster of leading retailers, has joined TriArtisan Capital Partners LLC, the Merchant Banking arm of Morgan Joseph TriArtisan LLC, it was announced today.
Gerald H. Cromack, Managing Director of TriArtisan Capital and Co-President of the parent company, said that Mr. Lemone would lead the firm’s investment activity in retailing. “Scott has an outstanding background and knowledge of retailing that will be of great value in identifying opportunities and structuring transactions for our institutional investors,” he commented.
TriArtisan Capital Partners has been an active investor in the retailing sector, including investments in Paper Source, Sur La Table, and Claire’s Stores. TriArtisan also recently closed on an investment in TGI Friday’s, the global casual dining company.
Mr. Lemone has advised on over $50 billion in value of mergers and acquisitions, and financings, in the retail space, including working with such firms as Lowe’s Companies, AutoZone, Sears, Petco, OfficeDepot, Dick’s Sporting Goods, and Best Buy, among others.
Mr. Lemone began his career at Kidder, Peabody and Co. in 1989, spent nine years at Merrill Lynch, including several as Retailing Group Co- Head, and was the senior retailing banker in the US for Lehman Brothers. Most recently, Mr. Lemone headed the Retailing Group for SunTrust Robinson Humphrey.
After graduating summa cum laude from Bentley College, Mr. Lemone received a Master of Business Administration with Honors from the Stern School of Business at New York University.
About Morgan Joseph TriArtisan LLC
Morgan Joseph TriArtisan LLC (www.mjta.com) is an investment and merchant bank engaged in providing financial advice, capital raising and private equity investing. The firm’s services include mergers and acquisitions, in addition to private placements and public offerings of equity and debt.