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VOL. 128 | NO. 238 | Friday, December 06, 2013

Wunderlich Gets $40 Million to Fuel Growth

By Andy Meek

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Memphis-based investment firm Wunderlich Securities Inc. is getting up to $40 million in an equity capital investment that will be used to expand several company divisions.

Leading the investment are San Francisco Bay-based Altamont Capital Partners and members of Wunderlich’s management team. The investment will be used largely to expand Wunderlich’s private client wealth management, investment banking and equity and fixed income capital markets divisions.

“A capital commitment from an investor as highly regarded as Altamont truly validates the growth opportunity we see before us,” Wunderlich founder and CEO Gary Wunderlich said in a release.

Wunderlich currently has 29 offices in 16 states with more than 450 professionals. The company made the Inc. 5000 list of fastest-growing companies in each of the past four years.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 38 349 15,066
MORTGAGES 111 449 19,779
FORECLOSURE NOTICES 33 91 3,886
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 62 309 14,343
BUSINESS LICENSES 18 138 5,129
UTILITY CONNECTIONS 69 385 21,817
MARRIAGE LICENSES 13 106 4,663

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