Capstone Partners, LLC is an independent middle market investment bank, formerly the Boston branch for Arthur Andersen

Arthur Andersen

Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, providing auditing, tax, and consulting services to large corporations...

 Corporate Finance's M&A group, at that time a wholly owned subsidiary of Arthur Andersen

Arthur Andersen

Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, providing auditing, tax, and consulting services to large corporations...

. The practice was founded in 1996, with John Ferrara as Andersen's Director for the Boston branch. Following the Enron Scandal

Enron scandal

The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the dissolution of Arthur Andersen, which was one of the five largest audit and accountancy partnerships in the world...

 of 2001, Capstone Partners spun a core practice out of Andersen and was legally incorporated by the firm's current President John Ferrara in Spring 2002. Capstone Partners, LLC focuses in M&A and capital markets advisory in the New England region.

Over the past five years, Capstone has ranked in the Top 20 nationally, and Top 3 regionally, among the “Most Active Investment Banking Firms.”