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D.A. Davidson Hires Gary Morabito to Lead Technology Equity Capital Markets
[May 06, 2024]

D.A. Davidson Hires Gary Morabito to Lead Technology Equity Capital Markets


D.A. Davidson & Co. announced that Gary Morabito has joined the Equity Capital Markets Group as Managing Director.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240502701461/en/

Gary Morabito joins D.A. Davidson as Managing Director to lead Equity Capital Markets for emerging private and public technology companies. (Photo: Business Wire)

Gary Morabito joins D.A. Davidson as Managing Director to lead Equity Capital Markets for emerging private and public technology companies. (Photo: Business Wire)

In this new role, Morabito will work across Capital Markets, Investment Banking, Institutional Research, Sales and Trading, Davidson Engage (DEN), and Sponsor Coverage to bring the firm's full-service platform to its technology clients.

"Technology is one of the most active sectors for overall capital markets activity and one of our largest industry groups," said Rory McKinney, President of D.A. Davidson Equity Capital Markets. "We are seeing continued dislocation in the market and an opportunity to strengthen our platform with the right people. We have unique distribution capabilities and relationships with growth-oriented investors driven by unmatched industry expertise across Technology Investment Banking, Equity Research, and our DEN network. Gary will play a critical role in delivering our full suite of equity capital markets services to the most attractive public and privately held technology businesses in the market."

With nearly 20 years of experience, Morabito joins us after 17 years at William lair. Most recently, he was instrumental in building out the firm's highly successful ECM platform and has advised both private and public companies on over 350 transactions including initial public offerings, follow-on offerings, convertible debt offerings, private placements, at-the-market offerings, and registered directs. He received his bachelor's degree in economics from Denison University.



"Gary has demonstrated experience and leadership in equity capital markets," commented Tim Monfort, Managing Director at D.A. Davidson Equity Capital Markets. "We have a tremendous amount of momentum at D.A. Davidson. His deal execution expertise is an immediate value-add to our team and the clients we serve, we are excited to have him join the firm."

D.A. Davidson's Technology Equity Research team is highly tenured, with an average industry experience of 20 years, and covers over 100 public companies across financial technology, internet services, security and infrastructure, semiconductor capital equipment, and software. The team is deeply connected with the private markets, highlighted by its proprietary report The Herd, a highly sought after yearly review of the top 100 emerging private financial technology and software companies based in the U.S. and globally.


With a senior team of over 20 research analysts that cover over 500 public and private companies, D.A. Davidson & Co.'s Equity Capital Markets group provides a full-service platform offering expertise to middle-market companies across four industries of focus: consumer, diversified industrials, financial institutions, and technology. D.A. Davidson is widely recognized for providing timely investment ideas supported by insightful analysis to institutional clients.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 29 states.

Subsidiaries include D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.

For more information, visit dadavidson.com.


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