David Jacobs Arrival
David Jacobs joins Compass Advisers as Senior Advisory Director
NEW YORK July 6, 2010 – We are pleased to announce that David A. Jacobs has joined Compass Advisers as a Senior Advisory Director in its New York office effective July 1st. Mr. Jacobs has 26 years of investment banking experience, during which he has advised clients in the food, beverage and consumer products sectors throughout the world, including North America, Europe, Latin America, South Africa and the Middle East.
"We are delighted that David will be working with us" said Stephen M. Waters, Founding Partner of Compass Advisers. "I have known and worked with David since 1987 and have great respect for him as a global, client-facing banker. Working together with our US, European and Asian colleagues, David's experience -- especially in cross-border consumer and retail situations -- will greatly enhance our ability to serve clients in these important markets."
Some of Mr. Jacobs' notable mergers and acquisitions transactions include the merger of Adolf Coors Co. and Molson Inc. to form Molson Coors Brewing Co., the sales of Nabisco Holdings Corp. to Philip Morris and Nabisco Group Holdings Corp to RJ Reynolds, the acquisition of Odwalla Inc. by The Coca-Cola Company, the sale of Keebler Foods to Kellogg Co., the sale of Snapple Beverage Company to Cadbury Schweppes, the sale of Seagram Spirits and Wine Group to Diageo, and the acquisitions of Ben & Jerry's Homemade and Slim-Fast Food Company by The Unilever Group. Mr. Jacobs most recently, and through his own firm, Orbin & Company, was the sole advisor to Molson Coors Brewing Co. on its merger of its US and Puerto Rico operations with SABMiller PLC, creating MillerCoors.
Currently, Mr. Jacobs is Founder, CEO and President of Orbin & Company, LLC, a principal investment and financial advisory firm formed in April 2007. He is also Chairman and principal shareholder of rTerra LLC, a renewable energy services company headquartered in Newport, Rhode Island. Previously, Mr. Jacobs was a Vice Chairman of Deutsche Bank and Head of the firm's Global Consumer, Retail and Business Services Group.
Mr. Jacobs joined Deutsche Bank in July 2001 from Morgan Stanley, where he was Head of the firm's Global Consumer Group. Mr. Jacobs' ten-year career with Morgan Stanley included an assignment in London, where he started up the firm's European Consumer Group. Prior to Morgan Stanley, Mr. Jacobs was a Managing Director and Co-Head of Corporate Finance at Hambro America, the US investment banking affiliate of Hambros Bank Limited. From 1988 through 1990, Mr. Jacobs worked in the Mergers and Acquisitions Department at Morgan Stanley and, previously, as an analyst in the Mergers and Acquisitions Group at The First Boston Corporation.
Mr. Jacobs received an M.B.A. from the Wharton School of Business in 1988. He graduated cum laude with a B.S. in economics from the undergraduate program at the Wharton School of the University of Pennsylvania in 1984.
Mr. Jacobs is a Chairman of the Board of Advisers of Revel Seven, an organic apparel company, and is a member of the Board of Directors of the Simon Wiesenthal Center's New York Tolerance Center in Midtown Manhattan. Mr. Jacobs is also a member of the Board of Directors of KIK Custom Products, a consumer products company owned by Caxton-Iseman Capital, Inc.