Founded by Patrick Shutt, Former CEO of Global Capacity & Dan Kardatzke, Former CFO of Global Capacity
Chicago, IL – February 4, 2013 – Durham & Black, LLC, a strategic advisory firm specializing in the technology and telecommunications markets, announces the launch of its services, including Executive Advisory, Capital Services and Business Development. Founded by Patrick Shutt, former CEO of Global Capacity, and his partner Dan Kardatzke, former CFO of Global Capacity, the two executives bring more than 40 years experience in building, financing, and structuring business deals to the organization and its extensive client base.
Durham & Black focuses on providing its clients with the tools, knowledge and capabilities necessary to help them achieve their objectives, overcome strategic or day-to-day business challenges and provide avenues of opportunities for possible expansion or overall improvement in the financial structure of their business. Durham & Black’s core services provide companies with a roadmap to improve revenue and EBITDA through the introduction of a variety of sales and business development opportunities, merger and acquisition candidates and financial structuring options available through its partnership with Broadmark Capital, member FINRA.
Durham and Black’s financial services are conducted via a relationship with Broadmark Capital, a long established boutique investment-banking firm. Joseph Schocken, Broadmark’s founder and chairman, comments, “we have had a long and successful investment and advisory relationship with Patrick. He is a recognized leader in building emerging telecommunications companies. Together with Dan Kardatzke, the team brings a unique combination of operational, strategic and financial expertise to this venture. We look forward to partnering with Durham and Black to advise, structure, and finance a new generation of outstanding telecom companies and leaders.”
“To offer Durham & Black’s executive team’s capabilities to a broad market, coupled with our extensive partner relationships with firms like Global Capacity, iMiller Public Relations, and TMNG Global that deliver network optimization, marketing strategy and global pricing solutions, is the most exciting venture of my career,” comments Patrick Shutt, CEO of Durham & Black, LLC. “I am excited for the firm to deliver cost savings, executive advisory and business development opportunities to companies like DBR360, Solstice Mobile, Vivato, and more. This new endeavor represents the dedication and experience amassed as an executive within the technology and telecommunications sector, as well as my passion for helping other companies achieve their goals.”
Durham & Black, LLC is headquartered in Chicago, IL and provides Executive Advisory, Capital Services and Business Development services to global companies within the technology and telecommunications sectors. The company’s management team is focused on helping clients achieve their revenue objectives and structure their corporate entities and operations more efficiently. To learn more about Durham & Black, meet the team at Metro Connect February 20-21, 2013 in Miami, FL. Email DandB@imillerpr.com to schedule a meeting, or visit www.durhamblack.com.
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About Durham & Black, LLC
Durham & Black, LLC is a strategic advisory firm specializing in the tech/telecoms market providing Executive Advisory, Capital Services, and Business Development services to telecommunications and service provider companies worldwide. With a specific focus and expertise in the technology and telecommunications verticals, Durham & Black approaches each client engagement with a specific purpose in mind: to develop tailored solutions that enable its clients to achieve their objectives, overcome challenges and identify areas of possible expansion or improvement in their businesses. The ability to achieve this rests in the breadth and depth of expertise Durham & Black brings to its clients. With more than 40 years background in finance, technology and telecommunications, the Durham & Black team maintains a deep understanding of industry pain points, leveraging knowledge and experience in these fields to guide its clients to success.
From financing and acquisition strategies, sales strategy and business development, and implementing methodologies that drive business efficiency, Durham & Black provides a comprehensive range of consulting services to meet diverse business requirements. All of its services rest on the commitment to being a trusted partner and bringing a holistic approach that pairs strategy with execution to optimize the value Durham & Black delivers to clients. For more information about Durham & Black, LLC, visit www.durhamblack.com. Securities offered through Broadmark Capital, member FINRA.