As of today, we celebrate 52 deals done across the firm, welcome new Livingstonians into the fold, and recognize multiple promotions across the globe.
That said, I would be remiss not to mention the exit of our UK partners. While it is with a heavy heart that we bid farewell to our colleagues, we of course congratulate them and wish them nothing but the brightest of futures. We are free to collaborate with our former UK colleagues on a case-by-case basis as the Board searches for a long-term solution for Livingstone in the UK market. And, as always, we are free to transact with British or Irish buyers directly. Livingstone has experienced significant growth over the past five years and we expect that growth to continue as we explore potential geographic expansion opportunities in Europe and Asia, as well as within our existing geographies.
As we move forward and continue our efforts to grow the business, we added 11 new employees throughout our global offices, including two new partners – one in each of the Stockholm and Los Angeles offices in 2019. In addition, we announced 9 global promotions, welcoming five of those employees into the partnership ranks in the Valencia, Stockholm and Chicago offices.
In the US, we have made a concerted effort to focus on building our sponsor coverage platform, and expand our debt advisory and special situations businesses. Germany just enjoyed its 10-year anniversary since joining Livingstone in 2009. Stockholm promoted two employees to partner and added a new partner to strengthen its business development efforts.
In Spain, we are pleased to share we’ve raised €90,000 for Fundación Livingstone already in 2019, and over €215,000 since 2015 — with Livingstone HoldCo contributing over €45,000 during that same period. Funds are used to finance innovative teaching programs, support vocational training, expand agricultural programs, and build wells to provide access to clean water in sub-Saharan Africa. Livingstonians interested in making an individual contribution can do so by clicking here.
Other highlights from the last year include our move from Navatar onto the native Salesforce platform. This was a significant strategic decision and undertaking to allow the firm to expand our capabilities for global collaboration and business development. A year out from the initial roll-out, we’ve improved the user experience, upgraded reporting capabilities, built out a coverage model, implemented an integrated email marketing platform to track email and website activity in Salesforce, and streamlined processes to strengthen longstanding relationships and develop new ones with potential clients.
In January, we also launched our new global website to provide a modern digital marketing solution to effectively represent the Livingstone brand, create more consistent global messaging, better position our sectors, subsectors and thought leadership efforts, and deliver a seamless user experience to our target audiences.
Additionally, I would like to extend our gratitude to the entire German team for hosting us in Düsseldorf in July. Eva and Anna did an incredible job organizing this successful event.
And as always, thank you all for everything you do to make us the firm we are today. It is because of each of your unique contributions that Livingstone is a great place to work.
Below are highlights from the event and updated Livingstone numbers.
In this issue:
- 2019 Livingstone International Player of the Year
- A German in Chicago
- 2019 new hires & promotions
- Livingstone invades Dusseldorf