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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 74 312 10,190
MORTGAGES 103 400 13,275
FORECLOSURE NOTICES 0 60 2,598
BUILDING PERMITS 0 562 24,086
BANKRUPTCIES 72 299 9,832
BUSINESS LICENSES 39 110 3,713
UTILITY CONNECTIONS 129 519 14,482
MARRIAGE LICENSES 0 68 3,131

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