Hilary Morrison

  • Vice President
(add to contacts)


Hilary is a Vice President in the Aerospace and Defense group, bringing 10+ years of experience spanning Investment Banking and Equity Research.

Prior to Capstone Headwaters, Hilary worked as a Vice President on the #1 rated Textile Manufacturing team at Lehman Brothers. She has significant public company expertise with a focus on Industrials and Manufacturing M&A and carve-outs. She has also worked on numerous strategic advisory and company valuation assignments.


Texas Christian University, M.J. Neeley School of Business - BBA - International Finance, French

Registrations & Affiliations

FINRA - Series 79 Registered Investment Banking Representative

Industry Coverage

We present our 2020 Mergers & Acquisitions Update: Outlook and Year in Review.

This combines: discussion of the current environment and dramatic fall out from the COVID-19 pandemic; together with observations from those sectors less impacted; and a review of last year including Merger & Acquisition activity.Read more

Transaction activity involving Aerospace & Defense companies continues to be supported by spending increases in the President’s Budget 2020 growing to $718.3 billion and focusing on innovation and modernization across all warfighting domains.Read more

Last year the aerospace, defense, government and security sectors saw steady Merger & Acquisition (M&A) activity, with a focus on transactions in technology, the aftermarket, and combinations which create leaders in specific defense segments. Our 2019 ADGS Mergers & Acquisitions Update provides a wealth of sector M&A transaction data.Read more