In the newly created role, Matsumoto will work with Baird’s investment bankers across a range of industry verticals to coordinate the firm’s M&A activity between Japanese businesses and companies based in the U.S., Europe and other parts of Asia. In particular, he will be responsible for accessing potential Japanese buyers as a part of Baird’s global sellside processes. He will be based in the firm’s Chicago office.
Matsumoto brings nearly 20 years of banking experience to Baird. Most recently, he was a Managing Director and Head of Japan Consumer/Retail Investment Banking at Barclays Capital in Tokyo. Prior to Barclays, Matsumoto spent more than ten years in global M&A and industry coverage roles at Lehman Brothers and Nomura Securities. Throughout his career, he worked on more than 50 M&A deals, the vast majority of which are cross-border transactions involving Japanese companies.
Matsumoto’s appointment is yet another example of Baird’s ongoing investments in and continued growth of its global M&A franchise. Approximately one-third of Baird’s annual M&A deals are cross-border or international. The firm has also had some significant successes advising on deals involving Japanese parties, such as the $644m sale of RC2 Corporation to Tomy Company Ltd., the sale of Emerson Electric’s Commercial and Industrial Motors (“CIM”) and Appliance Motors and Controls (“AMC”) businesses to Nidec Corporation and Sole Motors sale to Nidec Techno Motor Holdings Corporation.
'We are very excited that Satoshi has decided to continue his career at Baird', said Chris McMahon, Baird’s Head of Global Mergers & Acquisitions. 'He has a proven track record of success, and we’re confident of his ability to enhance Baird’s already strong, global sellside process by deepening our reach into Japan for potential buyers'.
Steve Booth, Director of Baird’s Investment Banking group added: 'Accessing buyers in all parts of the world has become a critical ingredient for any successful sellside process. Japanese corporations have become increasingly interested in growing their businesses through international M&A, and we expect this interest to continue to drive a meaningful amount of overall global deal flow. With a dedicated resource that has a proven track record of success, Baird will be well positioned to take advantage of this opportunity'.
Baird continues to make high profile talent investments to its M&A platform, adding Chris Harned in Milwaukee, Paul Bailand Jonathan Bourn in London, Jason Abt and Owen Hart in San Francisco, Jim Conniff, Jim Hemmer and Rob Rosenfeld in Chicago and David Schechner in Boston.