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HighBank serves as exclusive financial advisor to McShea & Company, Inc. on its sale to Avison Young

November 8, 2013

HighBank Advisors (“HighBank”), a Baltimore, Maryland based middle market investment bank, announces that it was the exclusive financial advisor to McShea & Company, Inc. (“McShea” or the “Company”) on its sale to Avison Young.  Terms of the transaction were not disclosed.  

McShea was founded in 1983 by Jack McShea, Jack McShea III and Tim McShea, on the premise that real estate services are a local business that demands local expertise and the highest levels of personalization and customer service.  Since then, the Company has grown tremendously as the McShea brand and reputation have spread across the Washington, DC area.  Today, the Company offers its clients a full suite of real estate services including commercial leasing, property management, investment sales, development services, consulting and advisory services, feasibility analysis and due diligence and lease administration.

“HighBank provided outstanding advice and senior-level attention throughout the transaction process.  They are unsurpassed in representing people and service oriented businesses and their ability to structure and negotiate complex deal terms was critical to achieving our desired result” said CEO Tim McShea.

Stephen Gaines, Managing Director, at HighBank stated, “We were elated to work with the outstanding leadership team at McShea.  We strongly believe the combination of McShea and Avison Young will deliver superior results and opportunities for their employees and clients.  We wish the combined business future success.”

“We are thrilled to be joining a firm that places such a strong emphasis on being client centric and culture-driven, and I am confident that our team’s industry relationships and experience will support the company’s growth objectives in the Washington, DC area. We are looking forward to our new venture and working in this expanded platform with like-minded individuals” said President Jack McShea.

Venable LLP served as legal advisor to McShea & Company, Inc.

About McShea & Company, Inc.

Founded in 1983, McShea & Company, Inc. serves the Washington-Baltimore-Northern Virginia region with comprehensive commercial leasing, property management, investment sales, development services, consulting and advisory services, feasibility analysis and due diligence and lease administration. For more information, visit www.mcsheaco.com.

About HighBank Advisors LLC

HighBank is a Baltimore, Maryland based full service mid-market investment bank and financial advisory firm.  The firm provides advice on mergers and acquisitions, raising capital, exit and transaction planning, business valuations, fairness and solvency opinions, loan workouts and debt restructurings, and distressed asset sales. HighBank was formed on a mission that our clients and our people deserve to have their highest expectations met and to receive higher value for their investments of money and time. For more information, visit www.highbank.com.

All investment banking services are provided by HighBank Securities LLC (“HBS”), a registered broker-dealer and member of FINRA www.finra.org and SIPC www.sipc.org.  HBS is a wholly-owned subsidiary of HighBank Advisors.