Adam Morris

Capstone Headwaters is an elite investment banking firm dedicated to serving the corporate finance needs of middle market business owners, investors and creditors. Capstone Headwaters provides merger & acquisition, private placement, corporate restructuring and financial advisory services across 16 industry verticals to meet the life cycle needs of emerging enterprises. Headquartered in Boston, MA and Denver, CO, Capstone Headwaters has 19 offices in the US, UK and Brazil with a global reach that includes over 300 professionals in 34 countries. For more information, visit www.capstoneheadwaters.com.

• Analyzed credit investment opportunities related to sponsor-backed leveraged buyouts and recapitalizations of information technology, business services, consumer and industrial companies • Conducted detailed business and financial due diligence, in addition to credit and other financial analyses – findings of which were summarized in investment memoranda and presented to Madison’s internal investment committee • Created financial models used to analyze operational scenarios and capital structure alternatives on the pro forma credit profile of target companies in the contemplated transactions • Monitored a portfolio of companies representing $275MM in invested capital through the maintenance of internal financial models, discussions with company management, and dialogue with participant lenders

Analyst, Corporate Banking • Worked with senior managers to perform analysis of capital structure, credit metrics, and historical and projected loan performance for both existing and prospective clientele. • Portfolio consisted of over 30 Middle Market customers, with aggregate loan commitments in excess of $200M. • Helped structure new and modified loans, working directly with internal and external departments, including private equity sponsors and company executive management teams. • Conducedt due diligence and build financial models to assess loan structure, examining historical and projected free cash flow, leverage, revenue, EBITDA, and valuations metrics. • Midwest regional Subject Matter Expert for the rollout of the Bank’s new standardized profitability model.

Finance Intern • Presented an economic update summary to high net worth clients within the firm’s private wealth portfolio. • Researched FTSE 350 companies’ pension funds to uncover potential prospects for the firm. • Evaluated and presented on market and fund performances. Utilized company and industry research to assess macro trends, potential risks, and market sentiments.

Finance Intern • Assisted in the development of the business plan to be submitted to the Federal Reserve for approval of the purchase of Davison State Bank. • Performed and presented research and analysis on Davison State Bank’s historical financial performance. • Analyzed and evaluated Davison State Bank’s “Distressed Loan” portfolio and presented findings to senior management.

Finance Intern • Evaluated portfolios for the city Firefighter and Policeman pension fund with exceptional attention to detail • Performed the budgeting and financing for a Brownfield Project in Southfield

Finance Intern • Evaluated mid-market companies for a growth portfolio fund • Analyzed different companies profitability and market value based on historical financial performance