Berkshire Global Advisors acted as financial advisor to Moors & Cabot, Inc.
Moors & Cabot, a 132 year-old diversified financial services and wealth management firm is headquartered in Boston with offices throughout the country. The dually registered BD/RIA provides comprehensive wealth management services to individuals, families, businesses and institutions in building, managing, protecting and transitioning wealth. Their financial products and services span the full spectrum of investment options—from financial and investment management to insurance and equity trading.
Eighteen Ninety Partners, LLC is a limited liability corporation owned and controlled by current Moors & Cabot Executive Chairman Mark Garrett, Moors & Cabot Chief Financial Officer Mike Hildreth and Howard “Skip” Hauser. Eighteen Ninety Partners invests in businesses that have solid foundations, strong management teams and want support in creating sustainable paths to long-term consistent profitability.
Assisted by Berkshire Global Advisors, the Board of Directors and shareholders engaged in a strategic review process and ultimately determined that a management buyout would deliver the best possible outcome for both current shareholders’ interests and limit disruption to the remaining stakeholders of Moors & Cabot; its management, financial professionals, employees, and most importantly—Moors & Cabot clients.