Morgan Keegan announced that Barry R. Donovan and Michael S. Chevalier-White have joined Morgan Keegan's Investment Banking Group as managing directors. Donovan and White were co-founders and principals of Paragon Advising, a Houston-based investment bank providing corporate finance advisory services to companies in the energy industry.
"As we look to strengthen our investment banking expertise in select sectors, we seek out talented and experienced bankers whose practices complement what Morgan Keegan already has in place," said Rob Baird, president of Morgan Keegan Investment Banking. "Over the past few years, we have strategically built a comprehensive energy platform with our own investment banking team, our affiliate Albrecht & Associates, and our commercial banking partners at Regions. The Paragon team adds another facet to the scope of services and the type of clients we can assist in this sector."
"With over 40 years of combined industry experience, Barry and Michael bring extensive knowledge and expertise in serving oil & gas service and equipment companies to our established energy investment banking practice in Houston," said Chip Grayson, executive managing director of Morgan Keegan.
"The Paragon team looks forward to working closely with our new Morgan Keegan colleagues to further develop and strengthen our respective relationships within the energy service and equipment sector," says Barry Donovan. "We are also excited about providing the industry with a broader array of investment banking services and access to Morgan Keegan's comprehensive sales, trading and research platform."
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