Moss Adams Capital to Become Hexagon Capital Alliance
The leadership of Moss Adams and Rich Anderson, Managing Partner of Moss Adams Capital (“MAC”), have reached an agreement for MAC to spin out into an independent investment banking firm, effective January 1, 2021. Moss Adams is in the midst of a strategic business transformation. The complexities of Moss Adams operating an investment bank within the framework of independence in a CPA firm contributed to the mutual decision to spin out its investment banking business unit.
The MAC team in Orange County, California will spin out into an independent investment bank led by partners Rich Anderson and Andrew Suen. It will operate under a new name, Hexagon Capital Alliance LLC(“HCA”).
“For 21 years, MAC has enjoyed a highly strategic relationship with Moss Adams,” said Rich Anderson. He continued, “Together, we have provided transaction planning and execution for hundreds of clients, facilitating liquidity events for both companies and owners. The Orange County team will remain intact and we’ll continue to serve our clients in their transaction objectives, including working with our friends in Moss Adams to serve their clients in both M&A and Corporate Finance advisory capacities.”
Andrew Suen added, “MAC will live on under our new name, Hexagon Capital Alliance. HCA’s team has extensive industry expertise concentrated in Consumer, Industrial and Healthcare sectors and will continue to be led by our Managing Directors Brandon Clewett, Tyler Dale, and Paul Kacik. As we close out 2020, the firm’s best year in its 21-year history, we enter 2021 with enthusiasm and a deep commitment to always provide our clients with objective, strategic advice to help them plan for and successfully execute their transaction objectives.”
Hexagon Capital Alliance’s website is presently under construction. In January, please visit www.hexagoncapitalalliance.com.