Michael Richmond
Managing Director
201-478-5272
Michael Richmond works directly with middle-market business owners as they explore the sale of their companies or consider an acquisition. His keen understanding of the mergers and acquisitions marketplace, combined with his experience working with diverse businesses in a wide range of industries, allows him to provide his clients with extensive transactional and strategic expertise. He has the insight and adeptness to assist entrepreneurs in determining the most advantageous method and most profitable time to exit their company.
Michael has a strong history of successfully guiding his clients through mergers and acquisitions and joint ventures in a broad range of industries, including manufacturing, distribution, health care, pharma, retail, and technology. Michael’s clients have benefited from his strategic advisory services and transactional proficiency. He is a skilled negotiator and works closely with his clients to obtain the maximum value for their companies.
In addition to his M&A expertise, Michael also heads the DAK Financing Advisory Group, where he brings over 20 years of experience in the banking industry, much of which involved collaborating with strategic and financial buyers, to determine optimum financing solutions for leveraged buyout transactions. Michael’s diverse background provides a unique foundation for his advisory services and affords his M&A clients an additional edge during negotiations.
Michael recently completed his term as President of the Exit Planning Exchange, NJ Chapter, a multidisciplinary association of professional advisors who work collaboratively on exit planning for their business owner clients. Michael has been quoted in Forbes, Middle Market Growth, NJ BIZ, President & CEO Magazine, and Axial Forum. Prior to joining DAK, he held senior management positions with Bank of America, LaSalle Business Credit, Fleet Bank, and NatWest. Michael holds Series 7 and 79 licenses. He received an MBA from New York University and his BA from Brooklyn College.