Berkery, Noyes & Co
Encyclopedia
Berkery, Noyes & Co., LLC is a private investment bank founded in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 in 1983, specializing in global information, media, marketing services and technology industries.

History

Initially started in 1980 under the name Berkery Associates by Joseph W. Berkery, its activities initially centered exclusively on mergers and acquisitions
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...

 advisory. Three years later, Berkery merged with renown philanthropist and businessman Jansen Noyes, Jr.
Jansen Noyes, Jr.
Jansen Noyes, Jr. was an investment banker and stock brokerage company executive.Noyes earned a mechanical engineering degree from Cornell University in 1939. During his senior year, Noyes was elected to the Sphinx Head Society...

 to create the present investment-banking firm, Berkery, Noyes & Company, a division within Noyes' own company, Noyes Partners Inc.

With Berkery acting as the Chief Executive Officer and majority owner, the two started the company in NYC with only seven employees.

Berkery and Noyes decided to focus on mergers and acquisitions in the information industry
Information industry
The information industry or information industries are industries that are information intensive in one way or the other. It is considered one of the most important economic sectors for a variety of reasons....

, which was, at this point, primarily print media.
During this time, Berkery Noyes played an integral role in the consolidation by facilitating the growth of powerhouses such as Reed Elsevier
Reed Elsevier
Reed Elsevier is a publisher and information provider operating in the science, medical, legal, risk and business sectors. It is listed on several of the world's major stock exchanges. It is a FTSE 100 and FT500 Global company...

, McGraw-Hill
McGraw-Hill
The McGraw-Hill Companies, Inc., is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are financial, education, publishing, broadcasting, and business services...

, and The Thomson Corporation.
Currently, Berkery Noyes continues to focus on mergers & acquisitions in both printed and electronic information sectors.

Management

  • Joseph W. Berkery, Chief Executive Officer
    Chief executive officer
    A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

     and President
    President
    A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

  • John T. Shea, Chief Operating Officer
    Chief operating officer
    A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...

    and Managing Partner
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