DCF Expands Sell-Side Advisory Reach with Affiliates in MI, NY and TX

CHATTANOOGA, TN (February 19, 2013) - Decosimo Corporate Finance ("DCF"), an investment banking firm affiliated with the 9-office regional accounting and business advisory firm Decosimo, announced today that the firm is continuing to expand its sell-side advisory reach by adding affiliates in Michigan, New York and Texas. DCF Managing Director Tom Decosimo announced that certain shareholders and directors of Doeren Mayhew have affiliated with DCF for the purposes of representing companies planning to sell, recapitalize or raise debt and equity capital. In addition, certain partners of The Bonadio Group plan to formalize their affiliation with DCF as of May 1, 2013.The public accounting firms Decosimo, Doeren Mayhew, and The Bonadio Group are all independent member firms associated with Moore Stephens North America (MSNA), an association comprising 50 accounting firms in the U.S., Canada, Mexico and the Caribbean.DCF, a broker/dealer, member FINRA/SIPC, has a track record of proven experience and a seasoned transaction team who work with the goal of maximizing value to clients in every transaction. Through the DCF affiliation, firms will develop and share best practices and collaborate on executing sell-side assignments. The affiliated firms bring to the DCF process significant knowledge across a wide variety of industries.Mike Costello, a co-founder of DCF based in Chattanooga, Tenn., said "When it comes to investment banking services, DCF brings accounting-based sensibilities to representing family-owned and closely-held businesses. The further development and formalization of these services is a natural extension of professional advisory services provided to businesses."Doeren Mayhew is a CPA and advisory firm offering investment banking services. New DCF affiliates Tim Moore and Steven Silverman lead Doeren Mayhew's sell-side advisory practice in Houston, Texas and Detroit, Michigan. Mr. Moore, a Managing Shareholder, has more than 25 years of merger and acquisition experience on both the buy and sell sides. Mr. Silverman, a Director and Certified Merger & Acquisition Advisor, was recently named 2012 Alliance of Merger and Acquisition Advisors Member of the Year.The Bonadio Group, New York's largest up-state accounting firm, has offices throughout the state. Joining DCF as affiliates in May are Tom Bonadio and Jeff Lewis who lead The Bonadio Group's private equity team, which performs sell-side advsiory and other services. Co-founder and Managing Partner for Bonadio since 1978, Mr. Bonadio specializes in business advisory services to help privately-held companies maximize value and return to shareholders. Partner Mr. Lewis advises private equity groups and companies in accessing capital and in various merger and acquisition activities.Paul Cheney, another DCF co-founder who works out of Decosimo's Cincinnati office and has been responsible for the firm's Major League Baseball transactions stated, "A nationwide network of affiliated investment bankers provides a significant resource to DCF clients.""DCF embodies the spirit in which we founded the Decosimo CPA firm - providing the highest level of corporate finance services to family and closely-held businesses, as well as traditional tax and accounting services," said Joe Decosimo, a senior advisor to DCF.In addition to their roles with DCF, Mike Costello, Paul Cheney and Tom Decosimo continue to be active in providing business valuation and litigation support services as principals of the Decosimo accounting firm. the Decosimo CPA firm has been involved in over $17 billion in transactions since its founding in 1971.