In the news release, Ducker Worldwide Names Capital Advisory Managing Director - Scott Merlis Joins Detroit Based Growth Strategy, Operations and Research Professional Services Firm, issued earlier today by Ducker Worldwide over PR Newswire, we are advised by the company that multiple changes were made throughout. Complete, updated release follows: Ducker Worldwide Appoints Scott Merlis, Managing Director of Ducker Advisory to Expand Its Practice and Provide Strategic Advice, Acquisition Origination and Other Investment Banking Services Ducker, founded in 1961, with six offices around the globe, seeks to leverage its premier practice in strategy, operations and research practice TROY, Mich., Jan. 2 /PRNewswire/ -- Ducker Worldwide, based in Troy, Michigan, formally announced today that Scott Merlis has been named a Managing Director and head of the firm's Advisory Practice. The advisory practice has been developed as a research driven business model that bases strategy, acquisition origination and due diligence services on "deep dive" rigorous research, Ducker proprietary data bases and long standing industry expertise. The practice is based around industry specialists as opposed to generalist practitioners. As a Managing Director, Merlis will work with a select group of the firm's clients: corporate senior managements and private equity partners at leading firms. M. Scott Ulnick, Managing Partner and Chairman at Ducker Worldwide commented, "Scott is a tremendous asset to the firm and is highly respected by CEO's, private equity clients and board directors involved in the automotive and industrial sectors." Prior to joining Ducker Worldwide, Merlis spent 26 years as an auto analyst and briefly served as an industrial investment banker at Dresdner Kleinwort Wasserstein. For most of his career Mr. Merlis was widely recognized as a leading global auto analyst and was considered the most senior Wall Street Analyst until February 2007 where he was also head of the industrial growth group for Thomas Weisel (2003-2007). Mr. Merlis had a key analytical role in developing the automotive investment banking practice at Morgan Stanley (1985-1995) to a leading position and the industrial investment banking practice at Wasserstein Perella (1998-2002). During the 1990's Mr. Merlis played a key role in landmark transactions: The largest equity financing in U.S. history, at the time, for General Motors, the privatization of Renault, the Volvo Demerger with Renault, financings critical to Chrysler, the privatization of Scania, the third Chinese IPO on the New York stock exchange, the IPO's of key original equipment and aftermarket auto parts suppliers and restructurings. As a fellow transaction team member he at various times had the unique opportunity to work alongside the bankers generally considered to be the top pioneers and leaders of the modern investment banking field: Robert Greenhill, Eric Gleacher, Vikram Pandit, Bruce Wasserstein and others. Mr. Merlis commented: "Ducker has long offered 'high quality proprietary research' that will now be leveraged even more to support a rigorous and specialized advisory practice." Throughout his career, Mr. Merlis has received top rankings in the major Wall Street polls, including the Institutional Investor research poll, and the Wall Street Journal's "Best on the Street" poll in 1995 and 2005. In February 1990, the first Bush Administration appointed him to the "Auto Parts Advisory Committee (APAC)" to advise the President and Congress on auto parts trade. Merlis, while at Morgan Stanley, also joined the current U.S. Vice President Dick Cheney on a trip to visit the leaders of China in Beijing in 1994. Mr. Merlis earned his undergraduate degree from Brandeis University, and two master's degrees from Columbia University in Business Administration (MBA) and Social Work (MSW). About Ducker Worldwide Ducker Worldwide was founded in 1961 and is unique in providing integrated advisory services previously accessible only through the use of multiple providers. By offering an integrated approach, Ducker Advisory fills the gap between market & product strategy consulting and investment banking for objective, research based advice, serving top management and private equity on issues relating to strategy, execution, organic growth, M&A, operations and productivity.
Contact:
Brooke Vogel, Business Development Coordinator
Ducker Worldwide
1-877-5Ducker (1-877-538-2537) brookev@ducker.com
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