Investment Banking

With a relentless focus on the middle market, BB&T Capital Markets combines industry expertise with superior transaction execution capabilities to achieve extraordinary outcomes for our clients.

Our investment banking professionals work in cohesive teams to bring you a full spectrum of financial services. With BB&T Capital Markets, you get a relationship-driven approach to providing the right solutions for your needs. We offer a full range of investment banking services—equity originations; public and private placements of debt; asset securitizations; mergers and acquisitions advisory (M&A)—along with direct lending capabilities, nationally recognized equity research and access to specialty services such as insurance, supply chain finance, equipment finance, executive wealth management and treasury management.

Our broad range of capabilities and industry focused, transaction oriented teams generate results. Since 2010, our 50-plus investment bankers were able to bring our clients:

  • More than $90 billion in equity capital raised as managing underwriter
  • More than $518 billion in debt capital via public and private bond issuance
  • 130+ closed M&A transactions


Our bankers can handle clients from any field, but we have particular expertise in these sectors: Aerospace, Defense & Government Services; Automotive Aftermarket; Commercial & Industrial; Retail & Consumer; Education & Cultural Facilities; Energy; Financial Services; Financial Sponsors; Food & Agribusiness; Healthcare; Logistics & Transportation and Real Estate.

 

Our industry expertise and superior transaction execution—from equity and debt origination to M&A advisory to structured lending—makes us a powerful ally

  • Healthcare Realty Trust Incorporated (NYSE: HR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise a total of $224,025,000 for our client.

    The Company intends to use the net proceeds of this offering to partially fund their acquisition of an Atlanta medical office portfolio. The Company intends to use the remaining proceeds to repay outstanding indebtedness and for general corporate purposes. The underwriters have a 30-day option to purchase an additional 1,087,500 shares to cover over-allotments.

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  • Kimco Realty Corporation (NYSE: KIM)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $225,000,000 for our client.

    The Company intends to use the net proceeds from this offering for general corporate purposes, including repayment of debt. The underwriters have a 30 day option to purchase an additional 1,350,000 shares to cover over-allotments.

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  • SIGMA International Group, Inc.

    On August 2, 2017, SIGMA International Group, Inc. (“SIGMA" or the "Company"), a portfolio company of Frontenac Company (“Frontenac”), was acquired by an investor group comprised of management and affiliates of Fairfax Financial Holdings Limited, a Canadian public company. BB&T Capital Markets served as the exclusive financial advisor to Frontenac.

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  • Digital Realty Trust, Inc. (NYSE: DLR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $1,350,000,000 for our client.

    The Company intends to use the net proceeds from this offering to fund a portion of the repayment, redemption and/or discharge of DuPont Fabros Technology, Inc (“DFT”) debt and the payment of certain transaction fees and expenses incurred in connection with the DFT merger. Pending any net proceeds will be used to repay borrowings under its operating partnership’s global revolving credit facility, acquire additional properties or businesses, fund development opportunities and to provide for working capital and other general corporate purposes, including potentially for the repurchase, redemption or retirement of other outstanding debt or equity securities.

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  • Ryder System, Inc. (NYSE: R)

    On August 1, 2017, BB&T Capital Markets served as a co-manager for an offering of $300 million 2.500% senior notes due 2022 by Ryder System, Inc.

    Proceeds from the offering are being used for general corporate purposes.

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  • Kimco Realty Corporation (NYSE: KIM)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $850,000,000 for our client.

    The Company intends to use the net proceeds from this offering to fund the consideration payable in its tender offer. The Company will use the excess net proceeds for general corporate purposes, including to partially reduce borrowings under its revolving credit facility maturing in March 2021.

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  • Golding Farms Foods, Inc.

    On July 31, 2017, Golding Farms Foods, Inc. (“GFF”) received an investment from Centre Partners. BB&T Capital Markets served as the exclusive financial advisor to GFF.

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  • Equity Residential (NYSE: EQR)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $700,000,000 for our client.

    The Company intends to use proceeds from the offering for general corporate purposes and working capital, including repayment of debt.

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  • Alliance Sports Group

    On August 1, 2017, Bollinger Industries, Inc. and subsidiaries, d/b/a Alliance Sports Group (“ASG" or the "Company"), was acquired by LKCM Headwater Investments (“LKCM”). BB&T Capital Markets served as the exclusive financial advisor to ASG.

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  • Promise Gluten Free

    On July 24, 2017, Promise Gluten Free (“Promise”) sold a majority stake to Mayfair Equity Partners. BB&T Capital Markets served as financial advisor to Promise.

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  • Community Healthcare Trust Incorporated (NYSE: CHCT)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise a total of $114,611,875 for our client.

    The Company intends to use the net proceeds of this offering to repay the outstanding indebtedness under its revolving facility and to fund future acquisitions in accordance with its investment guidelines and for general corporate and working capital purposes. Total gross proceeds includes the full exercise of the underwriters’ over-allotment option, through which they purchased an additional 637,500 shares.

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  • JCM Landtrust (d/b/a Wando Park Self Storage)

    On July 17, 2017, JCM Landtrust, LLC, (d/b/a Wando Park Self Storage) (“Wando”), completed a sale of its 500-unit, newly constructed self storage facility located in the Charleston, South Carolina suburb of Mt. Pleasant to Strategic Storage Growth Trust, Inc. (“SSGT”). BB&T Capital Markets served as the exclusive financial advisor to Wando.

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  • Government Properties Income Trust (Nasdaq: GOV)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the third quarter of 2017, helping to raise $300,000,000 for our client.

    The Company intends to use the net proceeds from this offering to finance, in part, its transaction with First Potomac Realty Trust. Pending the consummation of the transaction, the Company may repay future amounts outstanding under its revolving credit facility or invest the net proceeds from this offering in short term investments.

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  • Old Dominion Truck Leasing

    On July 14, 2017, Old Dominion Truck Leasing (“ODTL” or the “Company”) was acquired by Penske Truck Leasing (“Penske”). BB&T Capital Markets served as the financial advisor to ODTL and its shareholders.

    Founded in 1963, ODTL serves approximately 360 customers in diverse industry sectors from 11 locations in five states. The acquisition adds approximately 1,400 tractors, trucks, and trailers to Penske’s fleet. “Old Dominion Truck Leasing and Penske Truck Leasing customers will benefit from synergies in our products, technology, and services across our combined network of facilities,” said Brian Hard, President and CEO, Penske Truck Leasing.

    “We appreciate the opportunity to work with ODTL and the Congdon Family on this important transaction,” said Hugh Rabb, Managing Director and Co-Head of the Logistics & Transportation Group at BB&T Capital Markets. “Over more than a half-century, ODTL has built an exceptional reputation and proud history. We are excited to see the Company find a partner in Penske that shares its commitment to high-quality service.”

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  • Government Properties Income Trust (Nasdaq: GOV)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2017, helping to raise a total of $516,280,037 for our client.

    The Company intends to use the net proceeds to help fund the Company’s planned acquisition of First Potomac Realty Trust. GOV may also elect to use the proceeds to repay amounts outstanding under its unsecured revolving credit facility or to fund short-term investments, pending the closing of the all-cash deal with First Potomac. Total gross proceeds includes the partial exercise of the underwriters’ over-allotment option, through which they purchased an additional 2,907,029 shares.

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  • Physicians Realty Trust (NYSE: DOC)

    BB&T Capital Markets’ Real Estate Group completed a transaction for a real estate investment trust in the second quarter of 2017, helping to raise a total of $408,000,000 for our client.

    The Company intends to use the net proceeds of this offering (i) to repay a portion of the outstanding indebtedness under its revolving credit facility, (ii) to fund pending acquisitions (iii) for general corporate purposes, including, without limitation, working capital and investment in real estate. The underwriters have a 30-day option to purchase an additional 3,000,000 shares to cover over-allotments.

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Bruce M. Kelleher Jr. Head of Investment Banking & Financial Sponsors Group804-782-8758 email Download My vCard View Bio