You are here

Todd McMahon

  • Head of Investment Banking
617-619-3334
(add to contacts)

Biography

Todd McMahon possesses over 20 years of transaction, financial services and corporate executive experience.  Throughout Todd’s career he has worked with clients in various industries including business and consumer services, manufacturing, environmental services and high tech.  Prior to Capstone, Todd was the founder and President of Array Financial Services, a Boston based boutique M&A advisory firm, founded in 2002.  He began his career at Putnam Investments then moved to Bank Boston’s investment banking group.

Later, Todd served as Managing Director at Ross Crossland Weston/RCW Mirus, where he was responsible for managing the firm’s technology investment banking practice.  Todd’s investment banking experience is complemented by his involvement as an entrepreneur and investor in a number of service companies.  As an entrepreneur, Todd has purchased over a dozen companies, raised numerous rounds of debt and equity financing, and has been responsible for managing all aspects of operations, from sales and business development to finance and administration.  He has been involved with growth related opportunities as an entrepreneur, service provider, director and investor.

Todd has been featured on CNBC, quoted in national publications such as Money Magazine and Inc.  Additionally, he has been a featured speaker at the Boston University School of Business and numerous trade and industry events.

Education

Boston University - MBA

The University of Massachusetts - BA -

Registrations & Affiliations

FINRA - Series 79 & 63 Registered Investment Banking Representative

Industry Coverage

COVID-19 headwinds and the historically high unemployment rate have fostered bifurcated demand in the HR & Staffing Services industry.  Companies serving noncyclical end markets such as Healthcare and IT have experienced continued demand amid the pandemic, while HR & Staffing companies serving industries that have suffered like Retail, have experienced decreased demand.  Although 2020 deal volume is down substantially year-over-year (YOY), the HR & Staffing Services industry experienced a mild resurgence in Q4 transaction volume lending to a favorable outlook for 2021.Read more

Despite the sharp slowdown in 2020 deal volume, 2021 presents favorable tailwinds as the economic recovery continues. Strategic buyers, accounting for 58% of total deal activity, have displayed increasing appetite to resume M&A initiatives to bolster geographic reach and value-added distribution capabilities. Private equity firms accounted for 42% of deal activity in 2020, largely consisting of add-on transactions to stimulate inorganic growth in existing portfolio companies.Read more

As the pandemic swept across the globe, strategic and private equity buyers focused on internal risk mitigation strategies to assess operational and liquidity concerns.  In addition, sellers have largely delayed exits as owners assess valuation impacts and look for enhanced visibility into capital markets. As vaccine and political uncertainties ease, Capstone believes 2021 will yield a window of opportunity for sellers, as private equity buyers remain flush with capital and strategic buyers become less concerned with their own liquidity.Read more