D.A. Davidson & Co. Acts as Exclusive Financial Advisor to Market Contractors, Ltd. in Its Acquisition of Financial Supermarkets, Inc.

LAKE OSWEGO, Ore.--(EON: Enhanced Online News)--D.A. Davidson & Co., the largest full-service investment banking firm based in the Northwest, is pleased to announce that it served as exclusive financial advisor to Market Contractors, Ltd., a leading commercial retail program management, construction, and casework manufacturer headquartered in Portland, Oregon, in its acquisition of Financial Supermarkets, Inc. (FSI), a leading bank consulting company that specializes in the design, development and management of in-store banking service centers headquartered in Cornelia, Ga., for an undisclosed amount.

“We could not have done it without the Investment Banking team at D.A. Davidson.”

Market Contractors, Ltd. was founded in 1978 and started out as a construction company providing major remodels, fixturing, and maintenance services for the grocery industry in Oregon and Southwest Washington. In the mid-2000s, Market Contractors recognized the growing demand for in-store banking and quickly became a leader in bank retail engineering and construction services. The company now specializes in all types of tenant improvements, retail renovations and provides custom store fixtures, in-store bank construction, store fixture installations, and in-house architectural services. The company provides services nationwide in a variety of industries including banking/financial, medical/dental, retail, grocery, and restaurants.

In December 2009, Market Contractors engaged D.A. Davidson to assist the company in structuring the deal with FSI. Davidson advised the company throughout the negotiations, due diligence, feasibility, financing, documentation, and final closing. FSI is an excellent strategic fit for Market Contractors. Market Contractor’s President, Steve Sorensen, stated, “We could not have done it without the Investment Banking team at D.A. Davidson.”

Founded in 1935, D.A. Davidson & Co. is the largest full-service investment firm and investment bank based in the greater Northwest, with offices in 16 states. During the past two years, D.A. Davidson has helped structure and close more than 20 merger and acquisition transactions and raised over $2.1 billion of equity capital for companies in the Pacific Northwest and nationwide. The firm is celebrating its 75^th year in business.