Quarterdeck Investment Partners, Inc. was an American

boutique investment bank A boutique investment bank is an investment bank that specializes in at least one aspect of investment banking, generally corporate finance, although some banks' strengths are retail in nature, such as Charles Schwab. Of those involved in corpor ...

headquartered in

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

which focused exclusively on advising clients in the global

aerospace Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astron ...

and

defense Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industr ...

sectors. The company was acquired in 2002 by US financial group,

Jefferies Group Jefferies Group LLC is an American multinational independent investment bank and financial services company that is headquartered in New York City. The firm provides clients with capital markets and financial advisory services, institutional b ...

and renamed Jefferies Quarterdeck. The company was founded in 1992 by Jon B. Kutler, a former U.S. Naval officer and veteran

Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...

investment banker Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by unde ...

. Quarterdeck was one of the early pioneers in the successful concept of industry focused investment banking boutiques.

History

The firm quickly grew to four offices and the leading position in global league tables for aerospace and defense merger and acquisition transactions. Quarterdeck advised both global prime contractors such as

Lockheed Martin The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North ...

The Boeing Company The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support s ...

BAE Systems BAE Systems plc is a British Multinational corporation, multinational Aerospace industry, aerospace, military technology, military and information security company, based in London. It is the largest manufacturer in Britain as of 2017. It is ...

and

Northrop Grumman Northrop Grumman Corporation is an American multinational Aerospace manufacturer, aerospace and Arms industry, defense company. With 97,000 employees and an annual revenue in excess of $40 billion, it is one of the world's largest Arms industry ...

and well as mid-sized consolidators such as

L-3 Communications L3 Technologies, formerly L-3 Communications Holdings, was an American company that supplied command and control, communications, intelligence, surveillance and reconnaissance ( C3ISR) systems and products, avionics, ocean products, training ...

. In March, 2001, Kutler sold a minority investment in two subsidiaries, Quarterdeck Investment Partners, LLC and Quarterdeck Investment Partners, LTD to NYSE listed investment banking firm Jefferies Group Inc. As part of that transaction a joint venture company, Jefferies Quarterdeck LLC, was created to pursue capital market opportunities in the aerospace and defense sectors In December 2002, Kutler sold the remaining shares of these Quarterdeck entities to Jefferies and remained as Chairman of the Jefferies Quarterdeck. In 2002, Quarterdeck was the first recipient of the annual Boutique Middle-Market Merger & Acquisition Firm of the Year award by Mergers and Acquisitions Advisor. In March, 2006, Kutler resigned to focus on the principal investment affiliate of Quarterdeck (Quarterdeck Equity Partners, Inc.) which he renamed Admiralty Partners, Inc. He was replaced by Michael Richter and William Farmer, as Co-Heads of the Jefferies Quarterdeck group.Kutler launches private investment firm - Washington Technology
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References

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External links

Quarterdeck Investment Partners, Inc. websiteJefferies Quarterdeck website
Financial services companies based in California 1992 establishments in the United States 2004 disestablishments in the United States