Opus Bank Announces Further Expansion of Its Merchant Bank

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Paul E. Kacik Joins as Managing Director, Healthcare Investment Banking

Opus Bank has announced that Paul E. Kacik has joined Opus as Managing Director, Head of Healthcare Investment Banking within Opus’ Merchant Banking division. Mr. Kacik, a 24-year investment banking veteran, is responsible for providing M&A advisory services, debt and equity capital solutions, and other strategic advisory services to healthcare providers and practitioners.

Stephen H. Gordon, Founding Chairman, Chief Executive Officer and President of Opus Bank, stated, “Over the years, banks have become exceedingly product focused and have failed to effectively provide broader and more sophisticated client centric solutions, including access to alternative sources of capital, M&A and other strategic advisory solutions. The addition of Paul joining our Merchant Banking division enables Opus to integrate our niche Healthcare Banking focus with complimentary investment banking expertise, better positioning Opus to provide a comprehensive and customized financial and strategic solution for those within the healthcare industry.”

Dale Cheney, Senior Managing Director, Head of the Merchant Banking division, stated, “We are pleased that Paul has joined Opus to lead our Healthcare Investment Banking efforts. He is a highly-talented and experienced investment banking professional whose background complements our merchant banking model of providing a comprehensive and integrated principal investing and advisory solution to middle-market companies.”

Mr. Kacik joins Opus’ Merchant Banking division from Duff & Phelps Securities, LLC in Los Angeles, where he served as Managing Director – Healthcare Investment Banking and was responsible for the origination and execution of middle-market Healthcare M&A transactions. From 2009 and following its acquisition by DA Davidson & Co. in 2011, Mr. Kacik served as Managing Director – Head of Healthcare Investment Banking with McGladrey Capital Markets, LLC where he led the national healthcare investment banking practice and was responsible for the oversight of all origination and execution efforts in the healthcare sector. From 2004 and following its acquisition by Wells Fargo Securities in 2006, Mr. Kacik served as Senior Vice President – Head of Healthcare Investment Banking with Barrington Associates, where he was responsible for originating and executing corporate finance transactions, including buy and sell-side M&A, equity and debt fundraising, and private equity recapitalizations. Earlier in his career, Mr. Kacik served in banking and finance roles with Smith Barney, Solomon International, LP, and Technomark. LTD. Mr. Kacik holds a B.S. from the University of Southern California and an M.B.A. from the Sir John Cass Business School – City University, London, England.

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