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Home / Companies / People / Kim Jung-ju, founder of gaming company behind Kartrider, dies at 54.
Online game developer Nexon Co.’s billionaire founder Kim Jung-ju died at the end of last month in the US, his private investment firm NXC Corp. said.
SEOUL : The billionaire founder of gaming giant Nexon Co Ltd, Kim Jung-ju, has died at the age of 54, parent firm NXC Corp said on Tuesday.
Tokyo-listed Nexon was founded by Kim in 1994 and became one of the biggest game developers and publishers, with hit online games such as MapleStory and KartRider.
“Kim Jung-ju, the director of NXC and founder of Nexon, passed away in the United States late last month,” the company said.
It said Kim “Had been receiving treatment for depression and it seemed to have worsened recently” but did not elaborate on the cause of death.
Kim founded Nexon in 1994 and served as the CEO until 2005.
In 2009, Kim consolidated his and his family’s majority holding of Nexon by establishing NXC Corporation, where he served as CEO. He is known for strategic investments that aren’t limited to gaming companies, and he has acquired firms and invested in various fields.
At the time, Collaborative’s Founder and Managing Partner Craig Shapiro welcomed Kim as a “Bootstrap” business expert at the firm, as he had built Nexon into a multi-billion dollar business without taking any VC investment.
In 2016, NXC, in conjunction with Nexon and Neople, contributed over US$18 million towards the establishment of Korea’s first pediatric rehabilitation hospital, Purme Foundation Nexon Children’s Rehabilitation Hospital in Seoul, South Korea.
In 2018, Kim established the Nexon Foundation, which continues Nexon’s corporate social responsibility activities dedicated to children, and he pledged to donate an additional US$93 million from personal wealth to fund startups and build more children’s hospitals.
Nexon Foundation runs the Nexon Youth Programming Challenge, an annual computer programming event, and the Nexon Small Library project, a network of 130 public libraries created for children in underserved communities.
In partnership with Nexon Foundation, Kim founded SOHO Impact, a US based non-profit organization promoting creativity in kids through brick play programs.
As Kim Jung-Ju was ongoing depression treatments, his death has been linked to suicide.
Suicide is on the rise at an alarming rate as the world develops.
What Happened To Kim Jung-Ju? Kim Jung-Ju, a highly successful businessman, died in February at the age of 54.
With each professional milestone attained, Ju had a new war to face on a personal level.
People have assumed Kim Jun-Ju committed himself because he was suffering from severe depression and his team reported that his condition had recently deteriorated.
Depression does not always lead to self-harm, thus the notion that it does is incorrect.
Kim is one of South Korea’s 50 billionaires, with a net worth of $6.8 billion in 2022.
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Despite the initial plan of a unified Korea in the 1943 Cairo Declaration, escalating Cold War antagonism between the Soviet Union and the United States eventually led to the establishment of separate governments, each with its own ideology, leading to the division of Korea into two political entities in 1948: North Korea and South Korea.
The easternmost islands of South Korea include Ulleungdo and Liancourt Rocks, while Marado and Socotra Rock are the southernmost islands of South Korea.
By early 2009, relationships between North and South Korea were very tense; North Korea had been reported to have deployed missiles, ended its former agreements with South Korea, and threatened South Korea and the United States not to interfere with a satellite launch it had planned.
In May 2011, Korea Aerospace Industries Ltd., South Korea’s largest plane maker, signed a $400 million deal to sell 16 T-50 Golden Eagle trainer jets to Indonesia, making South Korea the first country in Asia to export supersonic jets.
A fully functioning UN Command is at the top of the chain of command of all forces in South Korea, including the U.S. forces and the entire South Korean military – if a sudden escalation of war between North and South Korea were to occur the United States would assume control of the South Korean armed forces in all military and paramilitary moves.
South Korea is not allowed to enrich uranium or develop traditional uranium enrichment technology on its own, because of US political pressure, unlike most major nuclear powers such as Japan, Germany, and France, competitors of South Korea in the international nuclear market.
South Korea’s efforts to build an indigenous space launch vehicle have been marred due to persistent political pressure from the United States, who had for many decades hindered South Korea’s indigenous rocket and missile development programs in fear of their possible connection to clandestine military ballistic missile programs, which Korea many times insisted did not violate the research and development guidelines stipulated by US-Korea agreements on restriction of South Korean rocket technology research and development.
The country is bordered by the Democratic People’s Republic of Korea to the north, the East Sea to the east, the East China Sea to the south, and the Yellow Sea to the west; to the southeast it is separated from the Japanese island of Tsushima by the Korea Strait.
South Korea faces North Korea across a demilitarized zone 2.5 miles wide that was established by the terms of the 1953 armistice that ended fighting in the Korean War.
None of South Korea’s mountains are very high: the T’aebaek Mountains reach an elevation of 5,604 feet at Mount Sŏrak in the northeast, and the Sobaek Mountains reach 6,283 feet at Mount Chiri.
South Korea has two volcanic islands-Cheju, off the peninsula’s southern tip, and Ullŭng, about 85 miles east of the mainland in the East Sea-and a small-scale lava plateau in Kangwŏn province.
South Korea claims and occupies a group of rocky islets-known variously as Liancourt Rocks, Tok Islands, and Take Islands-some 55 miles southeast of Ullŭng Island; these islets also have been claimed by Japan.
Drainage South Korea’s three principal rivers, the Han, Kŭm, and Naktong, all have their sources in the T’aebaek Mountains, and they flow between the ranges before entering their lowland plains.
The Naktong River, South Korea’s longest, runs southward for 325 miles to the Korea Strait.
North KoreaNorth Korea is a country with a population of some 25 million people, located on the northern half of the Korean Peninsula between the East Sea and the Yellow Sea.
Why Are North and South Korea Divided?North and South Korea have been divided for more than 70 years, ever since the Korean Peninsula became an unexpected casualty of the escalating Cold War between two rival superpowers: the Soviet Union and the United States.
Demilitarized ZoneThe Demilitarized Zone is a region on the Korean peninsula that demarcates North Korea from South Korea.
How Japan Took Control of KoreaDuring the 2018 Olympic Winter Games, outraged South Koreans demanded an apology from NBC after a commentator asserted that Korea’s transformation into a global powerhouse was due to the “Cultural, technological and economic example” of Japan.
South DakotaThe territory that would become South Dakota was added to the United States in 1803 as part of the Louisiana Purchase.
Russo-Japanese WarThe Russo-Japanese War was a military conflict fought between the Russian Empire and the Empire of Japan from 1904 to 1905.
Korean WarThe Korean war began on June 25, 1950, when some 75,000 soldiers from the North Korean People’s Army poured across the 38th parallel, the boundary between the Soviet-backed Democratic People’s Republic of Korea to the north and the pro-Western Republic of Korea to the south.
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The Demilitarized Zone is a 4km wide by 248km long stretch of land that separates North Korea from South Korea on the Korean peninsula.
Just when you thought there were enough Hallmark holidays, South Korea upped the ante and introduced “White Day.” White Day is essentially another Valentine’s Day, held a month later, on March 14th. One of the interesting, fun facts about South Korea is that Valentine’s Day is when the males receive chocolate from females, while girls receive sweets on White Day.
Whether you’re a city lover or a fan of adventuring around the outdoors, South Korea truly has something for everybody! While there’s no arguing that Seoul is a fantastic city full of culture, shopping, and food, making it a huge tourist destination, South Korea is also full of great day hikes.
South Korea utilizes a different system with its own unique set of perks – rather than sending heat through vents, most South Korean homes are heated through the floor!
South Korea is different in that regard – during your time in South Korea, if you ask people how much they sleep on any given night, you’ll more likely than not hear “Six hours a night.”
Although South Korea is a democracy, the South Korean Government still has a say in what you can and cannot look at while using the internet in the country.
People in South Korea cannot flush toilet paper due to the delicacy of the sewage system, so the norm in South Korea is to throw used toilet paper away in trash bins next to the toilet rather than flush it down the drain.
The top personal income tax rate has been raised to 45 percent, and the top corporate tax rate is 25 percent.
The overall tax burden equals 27.4 percent of total domestic income.
Government spending has amounted to 22.7 percent of total output over the past three years, and budget surpluses have averaged 0.0 percent of GDP. Public debt is equivalent to 48.7 percent of GDP. Regulatory Efficiency.
Government subsidies to purchasers of electric vehicles increased by more than 20 percent in 2021, and subsidies for fuel cell electric vehicles increased by almost 50 percent.
South Korea has 20 preferential trade agreements in force.
The trade-weighted average tariff rate is 8.5 percent, and 448 nontariff measures are in effect.
The financial sector is competitive, but business start-ups still struggle to obtain financing.
Russia’s ambassador to South Korea expressed deep regret over the country’s participation in global sanctions against Russia for its invasion of Ukraine.
“South Korea joining the sanctions is not a ‘happy news‘ for us,” Ambassador Andrey Kulik said through an interpreter during a news conference held at the Russian embassy in central Seoul, Monday.
Last week, the South Korean government announced its participation in international sanctions against Russia.
“Considering Korea’s national interests, I see no reason for South Korea joining the sanctions against Russia. The only factor pushing South Korea to impose sanctions against Russia is the strong external influence,” he claimed.
The Russian envoy insisted that South Korea “Yielding to international pressure” and joining the sanctions would completely change the trajectory of bilateral relations.
“For the past 30 years, the relations between Russia and South Korea have developed only in a positive way. Recently, South Korea’s New Northern Policy has fueled the development of bilateral ties even more, so the situation is deeply regrettable,” Kulik said.
“Economic sanctions damage those who impose sanctions as well. According to the U.N. charter, the only authority which can impose economic sanctions is the U.N. Security Council, not a single country. So there is the illegality of the current imposition of sanctions against Russia.”
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Fiber to the x or fiber in the loop is a generic term for any broadband network architecture using optical fiber to provide all or part of the local loop used for last mile telecommunications.
As fiber optic cables are able to carry much more data than copper cables, especially over long distances, copper telephone networks built in the 20th century are being replaced by fiber.
Fiber is often said to be “Future-proof” because the data rate of the connection is usually limited by the terminal equipment rather than the fiber, permitting substantial speed improvements by equipment upgrades before the fiber itself must be upgraded.
Fiber to the premises is a form of fiber-optic communication delivery, in which an optical fiber is run in an optical distribution network from the central office all the way to the premises occupied by the subscriber.
An apartment building may provide an example of the distinction between FTTH and FTTB. If a fiber is run to a panel inside each subscriber’s apartment unit, it is FTTH. If instead, the fiber goes only as far as the apartment building’s shared electrical room, it is FTTB. Fiber to the curb/cabinet is a telecommunications system based on fiber-optic cables run to a platform that serves several customers.
Typically any system terminating fiber within 1,000 ft of the customer premises equipment would be described as FTTC. Fiber to the node or neighborhood, sometimes identified with and sometimes distinguished from fiber to the cabinet, is a telecommunication architecture based on fiber-optic cables run to a cabinet serving a neighborhood.
Active PPPoE uses dedicated fiber from an operator’s central office all the way to the subscribers‘ homes, while hybrid networks use it to transport data via fiber to an intermediate point to ensure sufficiently high throughput speeds over last-mile copper connections.
FTTx stands for Fiber to the X. It is a telecommunications network architecture that is used within the local loop and delivers broadband connections to homes, businesses and organisations all around the world.
Many legacy copper-based networks are steadily being replaced with FTTx systems due to the benefits in speed and capacity that comes with fiber optic cabling.
With FTTP, an optical fiber is run in an optical distribution network from the central office to the subscriber premises.
FTTH – Fiber to the Home is when the fiber reaches the living or working space.
FTTB – Fiber to the Building is where the fiber reaches the subscribers building that may have multiple living or working spaces that are being served by the network provider.
FTTdp – Fiber to the Distribution Point is very similar to FTTC/FTTN but is located one-step closer, moving the fiber to within meters of the boundary of customers premesis, to a junction box known as the distribution point.
FTTx technology will continue to be implemented within telecommunication networks as more operators replace older copper infrastructure with fiber based systems.
Fiber to the x is a collective term for various optical fiber delivery topologies that are categorized according to where the fiber terminates.
Optical fiber is already used for long-distance parts of the network, but metal cabling has traditionally been used for the stretches from the telecom facilities to the customer.
FTTNOptical fiber terminates in a cabinet which may be as much as a few miles from the customer premises.
FTTCOptical cabling usually terminates within 300 yards of the customer premises.
FTTBOptical cabling terminates at the building, which is typically multi-unit.
FTTHOptical cabling terminates at the individual home or business.
FTTP Used to encompass both FTTH and FTTB deployments or is sometimes used to indicate that a particular fiber network includes both homes and businesses.
Fiber To The X is different from a traditional fiber optic network that would be used for a local area network application.
FTTX is possible with optical fiber distances up to 20km because optical fiber is capable of transmitting information with a very low level of loss.
A fiber-to-the-home PON uses optical fiber from the central office to the home; At the home, a converter box changes the optical signal from the optical fiber into electrical signals.
Some of the fiber networks deploying signals to the most sophisticated equipment can benefit from a multimode fiber connection, where a specific kind of fiber optic cable may be used for optimal speed.
The converter box is located where the optical fiber stops, and it changes the optical signal from the optical fiber into electrical signals.
Fiber to the node is sometimes referred to as fiber to the neighborhood.
One of the main benefits of fiber to the node and similar systems is the ability to deliver data over more efficient fiber optic lines, rather than other lines with greater speed restrictions.
These architectures consist of back office networks, transport networks, wireless infrastructures and most important, the access portion for improving our customer satisfaction.
Services that will offer high dynamic range 4k video, ultra-high speed data, high definition video telephony, and countless IP devices interconnected over optical networks.
The hybrid fiber coax access network from the cable headend will transform into an optical distribution network, or ODN to carry these services.
These FTTx network architectures use optical cabling in place of the traditional coaxial cabling found in our HFC networks.
While we have three architectures, there are also three popular FTTx technologies used to create FTTx networks: SCTE/ISBE 174 radio frequency over glass, IEEE Ethernet passive optical network and ITU-T gigabit passive optical network.
Fiber is another vital step to scaling our networks to support the services of the future.
Steven HarrisSenior Director, Advanced Network Technology and Instruction, Learning and Development, SCTE/ISBE. Steve Harris is the senior director of advanced network technology and instruction at SCTE/ISBE. He is a respected international telecommunications subject matter expert, sought-after presenter and principle instructor.
In today’s context of FTTx network architectures, it is vital to have the right set of test tools to ensure optimal quality of service to subscribers from the get-go.
Typically, for an FTTH network, the optical line terminal interfaces with the public-switched telephone network and internet services at the headend.
1 cause of network failures, inspecting connectors can help you save money and give you the assurance that your network is healthy.
Connectors are the most overlooked aspect of a network, but contamination from a wide range of sources can have a serious impact on network loss and reflectance.
The intelligent Optical Link Mapper has preset test configurations and parameters where pass/fail criteria are hardcoded for splices, connectors, splitter enclosure losses, overall link loss and ORL. Advanced algorithms will dynamically define the testing parameters, as well as the number of acquisitions that best fit the FTTx network under test.
The 1310/1550-nm signal could disrupt upstream live traffic on the PON network and potentially damage SFPs at the OLT. The only solution is to use a filtered live port that will significantly attenuate any incoming traffic and allow testing to be performed without impacting services.
Due to time constraints, many networks are built first and then tested, so having both options available allows technicians to test at any phase of the network lifecycle.
Fiber to the X comprises various fiber optic access infrastructure including fiber to the home, fiber to the building, and fiber to the curb or cabinet, etc.
Fiber to the home is the installation and use of optical fiber and passive optical network technology, GPON or EPON, from a central point directly to individual buildings such as residences, apartment buildings and offices to provide high-speed Internet access.
FTTH dramatically increases the attainable connection speed for computer users compared with current technologies in most places.
As an FTTX solutions provider, Dawnergy has the technology and expertise necessary for every type of network and application.
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You can see how Reichle families moved over time by selecting different census years.
The Reichle family name was found in the USA, the UK, and Scotland between 1861 and 1920.
The most Reichle families were found in the USA in 1920.
In 1880 there were 31 Reichle families living in Michigan.
This was about 24% of all the recorded Reichle’s in the USA. Michigan had the highest population of Reichle families in 1880.
Use census records and voter lists to see where families with the Reichle surname lived.
Within census records, you can often find information like name of household members, ages, birthplaces, residences, and occupations.
Early Origins of the Reichle familyThe surname Reichle was first found in Switzerland, where the name contributed greatly to the development of an emerging nation, and would later play a large role in the tribal and national conflicts of the area.
Early History of the Reichle familyThis web page shows only a small excerpt of our Reichle research.
Another 159 words covering the years 1277, 1286, 1356, 1720, 1342, 1610, 1645, 1286, 1667, 1734, 1637, 1717, 1720, 1635, 1697, 1635 and 1697 are included under the topic Early Reichle History in all our PDF Extended History products and printed products wherever possible.
Early Notables of the Reichle familyNotables of the time with the surname Reichle were Petrus Reich von Reichenstein, who was the Bishop of Basel in 1286.
The… Another 61 words are included under the topic Early Reichle Notables in all our PDF Extended History products and printed products wherever possible.
Reichle migration to the United States +Some of the first settlers of this family name were: Reichle Settlers in United States in the 18th CenturyGeorg Christoph Reichle, who landed in Pennsylvania in 1751.Reichle Settlers in United States in the 19th CenturyLewis Reichle went to Philadelphia in 1840.Christian Reichle, who arrived in Allegany County, Pennsylvania in 1869.John Reichle, who arrived in Allegany County, Pennsylvania in 1878.Contemporary Notables of the name Reichle +Jan Reichle, Australian cinematographer.
Richard Wendell Reichle, American Major League Baseball reserve outfielder who played in the 1920s.
Mit 40-jähriger Tradition verstehen wir uns als familiengeführtes, europaweit agierendes Technologiezentrum für den Werkzeug– und Formenbau mit Sitz im Großraum Stuttgart.
1981 als Einmann-Betrieb gegründet, bestehen wir heute aus über 80 Mitarbeiter*innen und verfügen über ein globales Netzwerk.
Wir liefern innovativste Lösungen für über 1.000 Kunden aus den unterschiedlichsten Branchen wie Automobil, Lebensmittel, Medizin, Luft– und Raumfahrt, Kosmetik und Verpackung.
Dabei bieten wir höchste Qualitätsstandards, kurze Bearbeitungszeiten und eine umfassende individuelle Betreuung.
ZukunftsorientiertWir investieren nicht nur in neuste Technologien sondern auch in die Aus– und Weiterbildung unserer Mitarbeiter.
WachstumIn den letzten 40 Jahren haben wir uns viermal räumlich vergrößert und sind auf über 80 Mitarbeiter*innen gewachsen.
Hier übernehmen Sie früh Verantwortung für Ihre Aufgaben und sind Teil der gesamten Wertschöpfungskette von Auftragseingang bis zur Endkontrolle und Auslieferung.
After four seasons in Corvallis, senior Zach Reichle has decided to end his career with the Beavers.
Due to the pandemic, players were granted an extra year of eligibility by the NCAA. However, rather than come back to OSU for one more run, Reichle decided to start the next chapter of his career.
“What a journey it has been. These last four years have truly been the best four years of my life and I wouldn’t trade my time at OSU for the world.” Reichle wrote.
“I am very blessed to be able to say that Oregon State Basketball has helped me grow as a person in ways that I could never imagine. I will forever be grateful for the opportunities this program has given me on and off the court.”
“The last month and a half has been extremely tough for me, as I faced the decision as to whether or not I would use my extra year of eligibility. There have been many emotions and tears that have contributed to my decision. Ultimately, in my heart I feel that it is best for me to forgo my final year of eligibility and move on to the next chapter in my life.”
Reichle averaged 7.2 points, 3.0 rebounds and 2.7 assists this past season for the Beavers.
He ends his career with 644 points, 303 rebounds and 217 assists in 125 career games for OSU..
For All Of Your Outdoor Needs Reichle Brothers, central Ohio’s premier provider of top-quality landscape design, installation and maintenance services.
Over the last 30 years, Reichle Brothers has built a strong reputation for producing creative professional designs to fit the specific needs of each client, then following up with skilled, quality– conscious installations.
We are a full-service landscaping company, we can handle virtually any kind of landscape task from start to finish, applying state-of-the-art techniques and equipment.
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Pronunciation of Reichle with 2 audio pronunciations.
Record the pronunciation of this word in your own voice and play it to listen to how you have pronounced it.
Add Reichle details Synonyms for Reichle Thanks for contributing.
Examples of Reichle in a sentence Thanks for contributing.
Chris attended school in Columbus his entire life and graduated from Heritage Academy as a proud member of the class of 1990.
Chris loved Ole Miss, the SEC, and tailgating in the Grove on a beautiful fall day in what he called “God’s Country.” He loved it so much that he adopted red and blue as his primary interior decorating colors.
Chris had an almost uncanny ability to make everyone laugh no matter where he was or what he was doing.
More than anything though, Chris loved his family dearly, and he was proud to say so every opportunity he had. He was the best father, son, and brother that anyone could ask for.
Chris will be remembered as a man of faith, family, and fortitude.
A visitation for Chris will be held at 9:30am on Saturday, August 21 at Annunciation Catholic Church, 823 College St., Columbus, MS. The service will follow at 11:00.
If you would like to make a contribution in memory of Chris, the family suggests either Mississippi Organ Recovery Agency or Brooksville Cemetery.
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Huntington Bancshares, Inc. operates as a bank holding company.
It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.
The Consumer & Business Banking segment provides financial products and services to consumer and small business customers including but not limited to checking accounts, savings accounts, money market accounts, certificates of deposit, investments, consumer loans, credit cards and small business loans.
The Commercial Banking segment provides products and services to the middle market, large corporate, and government public sector customers located primarily within its geographic footprint.
The Commercial Real Estate & Vehicle Finance segment provides products and services include providing financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers with real estate project financing needs, and financing for the purchase of automobiles, light-duty trucks, recreational vehicles and marine craft at franchised dealerships, financing the acquisition of new and used vehicle inventory of franchised automotive dealerships.
The Regional Banking and The Huntington Private Client Group segment consists of private banking, wealth & investment management, and retirement plan services.
The Home Lending segment originates and services consumer loans and mortgages for customers who are located in primary banking markets.
Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio.
In 1966, Huntington Bancshares Incorporated was established as a bank holding company.
In 1976, The Huntington Mortgage Company formed as a subsidiary of Huntington Bancshares with The Pickerington Bank being merged into the bank.
Huntington acquired the tiny Savings Bank of Chillicothe, Ohio in the early 1980s, which gained some fame in 2011 when 100-year-old June Gregg revealed to Huntington officials that her father had opened a savings account for her as a baby with Savings Bank in 1913 and that she had subsequently kept the account open.
Huntington officials later confirmed it and gave her account a temporary increase in her interest rate to 5% as a centenarian present for her 98-year loyalty to Huntington and the Chillicothe branch’s predecessor, Savings Bank.
Huntington acquired the checks in 1983 when it purchased Union Commerce Bank and received several boxes of old documents, but weren’t discovered until 2011 when a Huntington employee was looking through the documents.
All these entities are tied via ownership and/or interlocking directorships to Huntington Bancshares, either directly or through Huntington National Bank.
Listen in as our CEO Steve Steinour shares his insights-and optimism-with on Monday, from Huntington’s strong outlook and continued growth to the strength of the Midwest economy.
Member FDIC. #HuntingtonBank #Midwest #EconomyThank you for having our CEO on tonight! Great conversation about Huntington Bank’s growth and the economic rebound of the Midwest.
If your Huntington mortgage loan is nearing default, our Home Savers Team can walk you through the process and discuss options that may be available to you.
Game on! We’ll be watching two of our favorite teams face off at Huntington Bank Stadium in Minnesota! #gophers #GoBuckeyesSmall Businesses are crucial to the growth of communities, which is why Huntington is expanding our Small Business lending programs and committing $10 billion over five years.
Ly/6014nuQbrAs part of our new Community Plan, Huntington is increasing capital to under-resourced populations, businesses, and communities.
“Decisiveness is the best quality I’ve learned from the military. Things will be difficult and at times frustrating, but you can and will learn to adapt and overcome.” We’re honored to celebrate Huntington colleague Jason Dickson during #MilitaryAppreciationMonthHappy Armed Forces Day.
Armedforcesday”Plans change often and unexpectedly. You have to be prepared for the unknown.” Thank you to Alyssa Stark, a Huntington colleague, and her family.
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Over the past two decades, thousands of owners, investors, and creditors have trusted Capstone Partners to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle.
We have developed a fully integrated range of investment banking and financial advisory services uniquely tailored to meet the needs of middle market companies.
By the Numbers *Last updated 3.10.21 The Capstone team was relentless in pursuit of the most advantageous transaction and provided exceptional leadership, technical advice, and support that enabled us to achieve our objectives…We couldn’t have aligned ourselves with a better investment banking firm.
The Capstone team was first class every step of the way.
The team at Capstone helped us anticipate and navigate the many issues that arise during a process like this, and we could not have reached the incredible outcome that we did without their guidance.
Working with their team proved to be invaluable, and we look forward to partnering again on future projects.
Our experienced, hands-on senior leaders will be by your side every step of the way, supported by a full team of highly talented professionals dedicated to delivering results and maximizing the value of your business.
Huntington is buying a Boston-based investment bank and advisory firm, extending the services it can offer middle-market companies.
Huntington Bancshares has bought Capstone Partners, which will help Huntington provide more services to middle market businesses.
Tuesday’s announcement of Huntington’s acquisition of Capstone Partners comes months after the Columbus-based bank closed its acquisition of Detroit-based TCF Financial in a $6 billion deal that made Huntington one of the nation’s biggest 25 banks.
“The addition of investment banking and financial advisory services aligns with our capital markets strategic plan and better positions Huntington to serve the full range of needs of middle market clients within our footprint, as well as those we serve on an increasingly national basis,” Scott Kleinman, co-president of Huntington commercial banking, said in a statement.
The deal for Capstone follows the TCF acquisition, which gave Huntington new markets in Minnesota and Colorado while bolstering its presence in Chicago.
Capstone is an expert in mergers and acquisitions, capital advisory, financial advisory, and special situations and restructuring, Huntington said.
This article originally appeared on The Columbus Dispatch: Huntington buys Capstone Partners to expand investment banking, advisory services.
Huntington Bancshares in Columbus, Ohio, has agreed to buy the investment banking firm Capstone Partners – a move that is expected to boost fee income and middle-market commercial lending at the regional bank.
Huntington reported a 26% year-over-year increase in fee income to $515 million in the fourth quarter.
The Capstone deal “Accelerates” the bank’s capital markets offerings to middle-market clients, Huntington said.
Capstone’s specialty in serving midsize companies should complement a commercial lending unit that had already been tapping into that same market segment, Scott Kleinman, co?president of Huntington’s commercial banking unit, said in a press release.
Capstone has two main bases in Boston and Denver along with offices in 12 other cities, including Chicago, Dallas, Detroit, Los Angeles, New York and Philadelphia.
The pairing with Huntington would offer Capstone clients new services in mergers and acquisitions, capital and financial advisory, specialty situations and restructuring.
“Our combined capabilities will enhance Capstone’s full suite of products and services to private business owners and financial sponsors,” Capstone founder and CEO John Ferrara said in the release.
COLUMBUS, Ohio – Huntington Bancshares Inc., holding company of Huntington National Bank, has acquired Capstone Partners, an investment banking and advisory firm based in Boston.
Capstone’s four primary focus areas include mergers and acquisitions, capital advisory, financial advisory, and special situations and restructuring, according to a release.
The acquisition brings investment banking and advisory expertise to Huntington while accelerating capital markets offerings to middle market commercial banking customers.
“The addition of investment banking and financial advisory services aligns with our capital markets strategic plan and better positions Huntington to serve the full range of needs of middle market clients within our footprint, as well as those we serve on an increasingly national basis,” Scott Kleinman, co-president of Huntington Commercial Banking, said in the release.
“The combination of Huntington’s brand and capabilities alongside a premier middle market investment banking franchise with unique industry insights creates a differentiating experience for our clients.”
Capstone has primary offices in Boston and Denver, as well as other offices in Chicago, Dallas, Detroit, Los Angeles, New York and Philadelphia.
“Twenty years ago, we founded Capstone Partners with the goal of building a middle market leader. Since then, we have been an innovative, growth-oriented firm, and we are excited about our future with Huntington,” said John Ferrara, Capstone’s founder and CEO. “Huntington is the perfect partner for Capstone, with complementary cultures focused on people and the community. Our combined capabilities will enhance Capstone’s full suite of products and services to private business owners and financial sponsors. We believe this combination puts us in a strong position to pursue continued market acceleration and deliver a superior experience for our clients, employees, and partners.”
Esterra Park is a 30-acre master planned community just off SR-520, adjacent to the Microsoft campus and the new Overlake Light Rail Station.
The mixed-use project has residential, commercial and hospitality uses-as well as a large park for residents, visitors and employees-and includes over 2,600 new apartments in six different communities, each with differing amenities, floor plans, and personalities.
One Esterra Park is a 250,000 sf of Class A high-tech office building that is fully leased to Microsoft, designed with large floor plates, tall ceilings, abundant parking,