NEW YORK – July 6, 2016 – Seabury Capital (“Seabury”), a leading global advisory and professional services firm, announced today that David Fowkes rejoined the company as Managing Director of Seabury Corporate Advisors, the firm’s practice focused on providing balance sheet and operational restructuring services to companies on distressed M&A transactions, refinancing, recapitalizations, and debt negotiations, and also houses Seabury’s investment banking practices.
Mr. Fowkes brings 22 years of investment banking experience, having led assignments in 30 countries, including aircraft financing & trading, restructuring, and M&A. Mr. Fowkes was a senior capital markets banker for Salomon Brothers and Citigroup, covered Industrials for Lehman Brothers and was a senior member of Deutsche Bank’s special situations group. His clients at Seabury included Air Canada, Alaska, Etihad, ILFC, MAXJet, Northwest, Republic, Spirit, and US Airways.
Prior to rejoining Seabury, Mr. Fowkes’ financing, restructuring, M&A and aviation & leasing clients included GA Telesis, Blue Air, SriLankan and private equity and start-up leasing companies. He gained helicopter experience as Director of M&A and Integration for Bristow Group where he led the acquisition & integration of two airlines (Eastern Airways and Airnorth), the sale of two JVs (FBH and HCA) and focused on restructuring JVs including in Russia, Nigeria, and Trinidad.
Michael B. Cox, Vice Chairman, Seabury Advisory Group, and Global Head of Corporate Advisory Services, commented: “David has been engaged with Seabury for more than 15 years and has championed a number of key projects for our aviation clients, including airline M&A, corporate finance, and airline restructuring. We look forward to David’s continued contributions of his broad aviation experience and deep understanding of issues facing the industry as part of our team of experts who deliver diversified and responsive business solutions to our aviation clients worldwide.”
“I am very pleased to rejoin forces with my colleagues at Seabury to work hand-in-hand with airline clients to provide them with the best solutions for their business challenges and help shape their successful futures,” said David Fowkes, Managing Director of Seabury Corporate Advisors. “Seabury delivers significant value to the aviation industry through a combination of expertise, analytical techniques, data and proven tools. This integrated approach to business improvement advice has earned Seabury the leading position among global advisory firms.”
ABOUT SEABURY GROUP
Seabury Capital LLC is a global firm founded in 1995 with two principal groups, Seabury Advisory Group LLC (“SAG”) and Seabury Capital LLC (“SeaCap”). SAG is a global advisory practice with professionals on five continents and more than 15 countries covering Aviation, Aerospace & Defense, Financial Services, Government Services, Logistics, Maritime, Transportation and related industries. SAG has partnered with more than 300 clients located in more than 50 countries on more than 1,300 engagements to solve complex challenges requiring consulting, investment banking, restructuring and/or information technology solutions.
SeaCap owns and operates a number of specialty finance companies providing innovative cross-border financing for equipment and trade receivables as well as insurance-backed auto service and financial obligations. SeaCap recently launched a merchant banking business to take minority equity positions in, and to provide debt financing to, middle market companies. SeaCap also owns software companies providing enterprise solutions to airlines, aerospace companies and provides a range of electronic trading solutions to buy-side and sell-side firms in the Foreign Exchange market. www.seaburygroup.com