Robertson Stephens Announces Formation of Auto Services Team
5 September 1997
Robertson Stephens Announces Formation of Auto Services Team
SAN FRANCISCO, Sept. 5 /PR Newswire/ -- Robertson, Stephens & Company has
announced formation of an Auto Services research and corporate finance team.
Auto Services coverage will include companies related to the retail
distribution of vehicles, such as auto retailing, auto finance and auto
rental.
Sean Schickedanz, Jordan Hymowitz and Kristin Jensen have joined Robertson
Stephens from Montgomery Securities to spearhead this new effort. All three
worked together in a similar capacity at Montgomery, but will broaden their
practice at Robertson Stephens, developing a business based on their unique
expertise and extensive knowledge of the industry.
The auto services industry has undergone dramatic change in recent years.
Control of the $600 billion auto retailing industry has been shifting from the
private to the public sector. Meanwhile, control of the $16 billion auto
rental industry has been transitioning from the auto manufacturers into
private hands.
"We believe the current restructuring and consolidation of the auto and
financial services industries is creating rapid growth opportunities for well
positioned companies in these areas," said John Rohal, Director of Research at
Robertson Stephens.
The new research team will focus on companies such as Republic Industries,
Hertz, Americredit and The Money Store.
Mr. Schickedanz, vice president, corporate finance, has a BA from Brigham
Young University and a MBA and JD from Duke University. Mr. Hymowitz, who has
been named a vice president and senior research analyst, is a graduate of the
University of Michigan. Ms. Jensen, a graduate of U.C. Berkeley, works with
Mr. Hymowitz as a research associate.
Robertson, Stephens & Company is a leading international investment
banking firm focused on emerging growth companies. The firm's 44 senior
research analysts cover over 500 companies.
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SOURCE Robertson, Stephens & Company