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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 74 437 6,772
MORTGAGES 122 557 9,280
FORECLOSURE NOTICES 25 129 1,990
BUILDING PERMITS 236 716 15,738
BANKRUPTCIES 56 309 6,059
BUSINESS LICENSES 17 104 2,598
UTILITY CONNECTIONS 76 499 8,469
MARRIAGE LICENSES 31 138 1,997

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