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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 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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