{{Short description|U.S. growth focused investment banking firm}} {{Infobox company | <!-- infobox source: http://www.hoovers.com/3m/--ID__11003--/free-co-factsheet.xhtml--> company_name = Thomas Weisel Partners Group, Inc. | logo = TWP LOGO.JPG | logo_size = 200px | type = Subsidiary | foundation = 1999 | parent = Stifel Financial | location = San Francisco, California | key_people = Thom Weisel, Chairman and CEO| and siddiq konneh consultant num_employees = | revenue = | industry = Financial services | products = | homepage = [http://www.tweisel.com www.tweisel.com] }}
'''Thomas Weisel Partners Group, Inc.''', also known as '''TWP''' or '''Weisel''', is a U.S. growth focused investment banking firm headquartered in San Francisco, California.
The firm was launched in January 1999 by Thom Weisel and other personnel from the former Montgomery Securities. In 1997, Thom Weisel helped to orchestrate a $1.3 billion acquisition of Montgomery Securities by NationsBank.<ref name="CapitalInstincts">[http://media.wiley.com/product_data/excerpt/75/04712141/0471214175.pdf]. Brandt, Richard. Capital Instincts. {{ISBN|0-471-21417-5}}</ref> The following year, however, NationsBank acquired BankAmerica Corp, which itself had acquired Technology-based rival Robertson Stephens. A culture clash and fight for control ensued at the newly combined investment banking units of what is now known as Banc of America Securities.<ref name="CapitalInstincts"/> In the process, senior bankers from Montgomery Securities secured backing from the Silicon Valley Venture Capital community and left to form their own venture: Thomas Weisel Partners.<ref name="CapitalInstincts"/>
Thomas Weisel Partners, heavily focused on technology, prospered during the dot-com rise that peaked in its early years. The firm, however, hit turbulent times as technology saw a tremendous downturn. Bolstered by diversification into areas such as healthcare and consumer products, however, the firm survived and continued to operate independently. In search of additional capital, the firm made its debut on the NASDAQ on February 2, 2006 under the symbol TWPG.<ref name="IPO">[http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B002C095A-6EC6-4EC7-985D-C9B72A90B73C%7D&siteid=mktw]. CBS Market Watch. Thomas Weisel IPO up 30% in debut. 02/02/2006</ref>
Following its acquisition of Westwind Partners that closed on January 2, 2008,<ref name="westwind">[https://money.cnn.com/news/newsfeeds/articles/marketwire/0344334.htm]{{dead link|date=May 2026|bot=medic}}{{cbignore|bot=medic}}. CNN. Thomas Weisel Partners Completes Acquisition of Westwind Partners - Announces Appointment of Westwind CEO as President of TWP and Selected Preliminary Fourth Quarter 2007 Results. 01/02/2008</ref> the firm now offers a broad coverage platform across technology, media, healthcare, consumer products, energy, mining, and real estate.<ref name="twp">[http://www.tweisel.com/]. Thomas Weisel Partners. Retrieved 01/16/2008</ref><ref name="twpcanada">[http://www.westwindpartners.ca/new/default.aspx]. Thomas Weisel Partners Canada. Retrieved 01/16/2008</ref> Equity and Debt underwriting and Merger and Acquisition advisory operations are supplemented by Research, Trading, Brokerage, and Asset Management units as the firm operates a full-service investment bank.<ref name="twp"/><ref name="twpcanada"/> Various divisions operate out of San Francisco, New York, Toronto, London, Baltimore, Zurich, Calgary, Montreal, Boston, Chicago, Cleveland, Denver, and Portland.<ref name="twp"/><ref name="twpcanada"/>
In 2010, Thomas Weisel announced its acquisition by Stifel Financial.
==References== {{reflist}}
Category:Investment banks in the United States Category:1999 establishments in California Category:Banks established in 1999 Category:2010 mergers and acquisitions