Steve Raymond

Stephen Raymond

Managing Director

Stephen Raymond is a Managing Director at DAK and heads the Philadelphia office. He brings more than 25 years’ experience working directly with middle market, closely held business owners, as they explore the sale of their companies, consider an acquisition or need overall M&A Advisory assistance.

Steve has successfully guided clients through the full range of advisory services including mergers, acquisitions, divestitures, financings, strategic assessments, board advisory assignments, restructurings, valuations, and dispute services.

His experience spans a wide spectrum of industries such as: manufacturing, distribution, health care, and technology, providing clients with 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.

Prior to joining DAK, Steve was a Managing Director at The Benchmark Group, an investment bank and business transition planning firm where he focused on providing investment banking services throughout the Mid-Atlantic region. Previously he held Senior Vice President positions at Boenning & Scattergood, Inc. and First Union Securities.

Steve holds a Masters of Business Administration, with an Accounting concentration from Drexel University and a BA degree in Economics and Japanese Studies from Bucknell University. In addition he is registered with FINRA for both Series 79 and Series 63.

Steve has recently been appointed President of the Bucks County Chapter of Legatus International, a catholic business organization of which he is a founding chapter member, a member of The Union League of Philadelphia and The Knights of Columbus. Steve and his family live in Moorestown, NJ.

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    Stephen Raymond Thought Leadership

    Podcasts & Videos

    The Newton Knowledge Podcast: M&A Transaction Considerations

    DAK’s Managing Director, Steve Raymond joins Steve Target and Mark Singer of Newton One Advisors, on a recent episode of the Newton Knowledge Podcast to ...
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    M&A Articles

    What are the Forces Behind Distribution M&A Growth?

    What are the Forces Behind Distribution M&A Growth? Distribution companies are garnering record-high valuations along with managing increased consumer demand and critical capacity constraints.
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    M&A Articles

    Drones, Zoom and Glassdoor Fuel ‘New Diligence’

    Drones, Zoom & Glass Door Fuel “New Diligence” - sparked by the pandemic has brought deal-making to a whole new level. DAK’s Steve Raymond and ...
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    M&A Articles

    M&A Advisor on What Sellers Worry About Most

    M&A Advisor on What Sellers Worry About Most Selling a business is a big decision, and a little anxiety about the process is normal. Axial’s ...
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    M&A Articles

    How to Reduce Owner Dependence Before a Sale

    How to Reduce Owner Dependence Before a Sale CEOs: What would happen if you went on vacation for a month and left your business to ...
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    M&A Articles

    Why Your Business Shouldn’t Need You

    Many founders and business owners spend decades building their companies from the ground up. They devote every spare minute to perfecting business processes and finding ...
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    VCI – Emergency Vehicle Specialists recapitalized by Tightrope Capital & NewSpring Capital

    VCI is the preeminent full lifecycle sales and service provider of emergency ambulance solutions to first aid squads, EMS organizations, fire departments, hospital organizations, municipalities, and private medical transport companies in the Mid-Atlantic Region. VCI was recapitalized by private equity firms Tightrope Capital Partners and NewSpring Capital.

    DAK led a competitive, sell-side process for VCI, generating multiple offers from a wide range of strategic buyers and financial sponsors. By positioning the combination of VCI’s market leadership position, comprehensive services offering, strong manufacturer relationships, and robust backlog, DAK achieved an outstanding outcome for the company’s shareholders.

    The acquisition provides the shareholders of VCI an opportunity to accelerate its growth strategy by expanding its core ambulance business, building out the value-added segments of conversions and remounts, implementing operational improvements, and pursuing acquisitions with the help of its new partners. Tightrope and NewSpring have an opportunity to leverage VCI’s strong management team and operating platform to build a multi-regional player in emergency ambulance solutions.

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