Article: Hovde Adds a Top-Ranked Leasing and Specialty Finance Team to its M&A Group; Adding Kropschot Principals Marks Growing M&A Trend that Combines Banks and Specialty Finance Companies.

WASHINGTON, April 6 /PRNewswire/ -- The principals of Kropschot Financial Services Inc. -- one of the leading mergers and acquisitions firms serving the leasing and specialty finance industries -- have joined the investment banking group of Hovde Financial, Inc. -- one of the most active financial advisors serving banks and thrifts.

Martin Shames and James R. Billings, the principals of Kropschot Financial Services, Inc., have merged their investment banking operation into that of Hovde Financial to form an expanded investment banking business.

The addition of the former Kropschot principals to Hovde's investment banking group represents a major ...

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