As a group, our investment banking professionals draw on nearly 100 years of corporate finance experience in working with clients. They bring a broad range of capital advisory and direct, hands-on operating expertise to each and every client engagement.
James S. Still, Managing Director
Keith A. Cox, Managing Director
Charles K. Hull, Managing Director
James F. McCormick, CFA, Managing Director
David Parke, Managing Director
James W. Adducci, Vice President
W. Polk Smartt, Associate
Daniel T. Connelly, Analyst
James S. Still, Managing Director
Phone: 610-832-5317 Email: jstill@boenninginc.com
Jim provides a range of investment banking services, including mergers and acquisitions advisory, private equity offerings, and related advisory services to privately-held and publicly-traded companies. He also provides strategic direction and is a member of Boenning & Scattergood’s Board of Directors.
Jim has over 25 years’ experience in senior management positions in the financial services, real estate, and telecommunications industries. He was the CEO of Atlantic American Properties Trust, a private real estate investment trust formed by the management buyout of Bell Atlantic Properties, one of the largest private owners of commercial and industrial real estate in the Mid-Atlantic region. Jim was responsible for the management buyout and raised $300 million in private equity capital to purchase the company. Prior to Bell Atlantic Properties, Jim was Vice President of Planning and Acquisitions for Bell Atlantic Capital Corporation, the diversified financial services arm of Bell Atlantic Corporation. In this capacity, he was responsible for the acquisition of companies in the computer leasing, asset-based lending, general equipment leasing, and medical equipment industries. In addition, Jim was involved with investments in the gaming, hospitality, and asset management business.
Formerly the owner of a middle-market investment banking firm, RDC Advisors, LLC, Jim advised clients in the small- to middle-market sector. The company's work included transactions in the medical equipment, information processing, and pharmaceutical consulting industries. Jim was also the CEO of two middle-market companies, GovXcel, a municipal-based software company, and Afinitas, an Internet-based provider of consumer retail products to philanthropic organizations.
Jim holds a BA from Amherst College, an MBA from the Wharton School of the University of Pennsylvania, and a Series 7 license. He is a member of the Abington Memorial Hospital Foundation Board and the former President of the William Penn Charter School Alumni Board. He is active with Amherst College alumni activities and serves in volunteer capacities for a number of charitable, educational, and civic organizations throughout the Delaware Valley.
Keith A. Cox, Managing Director
Phone: 610-832-5312 Email: kcox@boenninginc.com
Keith Cox is one of the principals of the merger and acquisition advisory services team at Boenning & Scattergood. His focus will be principally on providing the full range of advisory services to middle market companies across a broad range of industries. Prior to joining Boenning & Scattergood, Keith was responsible for Citigroup Capital Strategies’ merger and acquisition activities in the mid-Atlantic, focusing on transaction in the valuation range of $20 to $200 million. In his 19 years of experience, Keith has closed over 60 middle market transactions. He is actively involved in all phases of Boenning & Scattergood’s merger and acquisition advisory services, including valuations, strategic marketing and negotiating, structuring and closing transactions. Keith’s experience has crossed all major sectors of the economy and includes stock and asset sales, tax-free mergers, poolings, leveraged recapitalizations and management buyouts.
Keith is a graduate of the University of Texas where he received both his Bachelor of Science and Masters of Business Administration degrees. He is registered with the NASD and holds Series 7 and Series 63 licenses.
Charles K. Hull, Managing Director
Phone: 610-832-5310 Email: chull@boenninginc.com
Chad Hull serves public and private companies with merger and acquisition advice, public offerings, private placements of debt and equity securities, and other financial advisory services. Chad has extensive experience in evaluating and structuring merger and acquisition transactions, performing valuations of financial assets and related concerns, rendering fairness opinions and raising both public and private capital.
Chad is a founding member of Boenning & Scattergood's investment banking practice, which was created through Boenning's acquisition of Chad's former firm, Berwind Financial, L.P., in November 2001. Berwind Financial was the investment banking arm of Philadelphia-based Berwind Group, a large, diversified family-owned holding company. Prior to joining Berwind Financial in 1995, Chad held various positions with First Fidelity Bank, a former New Jersey-based regional commercial bank.
During his career, Chad has advised on over 100 investment banking transactions representing over $4 billion of transaction value. In addition, he has provided over 60 fairness opinions to corporate boards and/or shareholders on transactions ranging from buy-side and sell-side mergers and acquisitions to capital restructurings. Chad has worked with clients in a multitude of industries, including specialty chemical, retailing, consumer products, hospitality and other related industries. A particular area of expertise is advising companies operating in the financial services industry, with emphasis on banks and thrifts. Boenning’s financial services practice is consistently among the most active in the region by volume of advisory transactions.
Chad received his Bachelor of Arts from Colgate University. He is registered with the NASD and holds Series 7 and Series 63 licenses.
James F. McCormick, CFA, Managing Director
Phone: 610-832-5311 Email: jmccormick@boenninginc.com
As a Managing Director of Investment Banking, Jim is responsible for providing investment banking services, including M&A advisory, private placement, and public markets services, to the firm’s privately held and publicly traded clients.
Jim is a founding member of Boenning & Scattergood's investment banking practice, and has worked extensively with both public and private business owners on numerous M&A and corporate finance transactions across a wide range of industries.
Previously, Jim worked in the investment banking advisory groups of Griffin Financial, LLC, Berwind Financial L.P. and Brown Brothers Harriman & Co., as well as the commercial lending unit of CoreStates Bank. Jim also has industry operational experience as a former Manager of Financial Planning and Analysis for Traffic.com, Inc. (NasdaqNM: TRFC), where he was involved in the company’s capital budgeting and fund-raising activities.
Jim received a BS in Finance and International Business from the Pennsylvania State University. He is also a Chartered Financial Analyst (CFA) and holds Series 7 and Series 24 licenses.
David Parke, Managing Director
Phone: 610-832-5415 Email: dparke@boenninginc.com
David Parke specializes in public offerings, private placements, fairness opinions and mergers and acquisitions for emerging-growth companies, with a particular focus on the dynamic technology sector. David's experience delivers a strong background in capital markets with an in-depth understanding of the issues particular to technology companies.
David joined Boenning & Scattergood in 2006. Prior to that, David was with Mufson Howe Hunter & Company for three years where he was instrumental in launching and developing the firm's technology practice. He was previously with the corporate finance department of Investec, Inc. and its predecessor, Pennsylvania Merchant Group. He has managed or participated in 40 public offerings and private placements, raising over $1 billion for emerging-growth clients. In addition, he has managed mergers and acquisitions assignments ranging from $5 million to $500 million. Prior to joining Investec in 1992, Mr. Parke was in the corporate finance departments of Wheat First Butcher & Singer, now Wachovia Securities, and Legg Mason.
David received his MBA with Honors from The Wharton School and graduated summa cum laude and Phi Beta Kappa from Lehigh University with a B.S. in Finance. He is a director of Petroleum Development Corporation, a publicly traded energy company engaged in the development, production and marketing of natural gas and oil, and Zunicom Inc., a publicly traded software and technology distribution company. He is registered with the NASD and holds Series 7 and Series 63 licenses
James W. Adducci, Vice President
Phone: 610-832-5303 Email: jadducci@boenninginc.com
James Adducci is responsible for working with clients on mergers and acquisitions, private placements, divestitures and recapitalizations.
Before joining Boenning & Scattergood, James was a Senior Financial Analyst in the M&A group at Altman Weil, Inc. in Philadelphia, where he worked on M&A transactions in the legal sector. Prior to Altman Weil, James worked as an Analyst in the diversified industrials group at Dresdner Kleinwort Wasserstein in New York, where he focused on cross-border M&A transactions in the construction equipment, building products, flow control and airport security industries.
James received his BA in economics from Carleton College in May 2000. He is registered with the NASD and holds a Series 7 license.
W. Polk Smartt, Associate
Phone: 610-832-5316 Email: psmartt@boenninginc.com
Polk Smartt works with clients on mergers and acquisitions, private placements, divestitures, and recapitalizations. Prior to joining Boenning & Scattergood, Polk was an associate of business development and investor relations at BlackLight Power, a private research and development company in Cranbury, NJ, focused on commercializing a new method of power generation through hydrogen chemistry. At BlackLight, Polk was responsible for managing private equity offerings and reporting to company shareholders.
Polk received a Bachelor of Business Administration in finance from The George Washington University and a Master of Business Administration with concentration in finance from the LeBow College of Business at Drexel University.
He is registered with the NASD and holds a Series 7 license.
Daniel T. Connelly, Analyst
Phone: 610-832-5313 Email dconnelly@boenninginc.com
Daniel is responsible for working with clients on mergers and acquisitions, recapitalizations, and divestitures. Prior to joining Boenning & Scattergood, Daniel was an analyst at Sovereign Bank where he focused on credit valuation and performance for the Philadelphia based commercial lending group. Daniel received his Bachelor of Arts in economics from Villanova University.
