Bill Sprague is a Managing Director in Capstone Headwaters' Infrastructure Finance practice. Prior to Capstone Headwaters, Bill was previously Chief Executive Officer of Madison Williams and SMH Capital, a full service investment bank.
Previously, Bill was the founder of Crest Communications, a middle-market private equity firm. In addition, he was a Managing Director and Co-Head of Mergers and Acquisition Group at Smith Barney. Bill realigned the M&A Department to partner with each of the industry groups which led to a four–fold increase in revenues within 2 years. Bill also chaired the Firm’s Fairness Opinion Committee. He has completed more than 40 M&A transactions during his career, totaling in excess of $7 billion of transaction value.
University of Pennsylvania, The Wharton School - MBA - Finance
Williams College - BA - Political Economics
FINRA - Series 7 & 63 Registered General Securities repsentative
FINRA - Series 23 Registered General Securities Principal
FINRA - Series 79 Registered Investment Banking Representative