Westlake Securities expands staff, office

Austin Business Journal - April 10, 2007
June 21, 2007

Local independent investment bank Westlake Securities has leased a new, bigger office at The Terrace in South Austin off MoPac Expressway.

Westlake Securities -- which provides merger/acquisition, capital raising and valuation services to emerging and middle market companies -- leased 4,300 square feet at 2600 Via Fortuna. The company's move is largely the result of an expansion in its ranks that includes three new senior investment bankers in the last year. Westlake now has six senior investment bankers and expects to add a number of junior staffers in the next six to 12 months.

"We're focused on providing our clients with the sort of high-touch service with senior level bankers that rarely occurs at larger investment banks," says Michael McAllister, managing director of Westlake. "As a result we're expanding."

Russell Young and Carl Condon with Commercial Texas LLC represented Westlake. Mark Griener with Oxford Commercial represented the landlord.

Westlake Securities serves management teams and investor groups primarily in the major metropolitan centers of Texas.