Joe Mowery has been named head of the investment banking dealership practice at Stephens, an independent financial services firm.
Stephens’ investment banking dealership practice provides services to RV dealerships and other product and technology vendors.
Mowery takes the position previously held by Matthew Marks, who was named head of the company’s investment banking.
Marks said, “Joe is a seasoned banker and team leader who brings strong relationship building skills and transactional experience to this role. His background also includes prior dealership experience, and he has a passion for the industry. Joe is well-suited to build on our momentum and, in my new role, I look forward to working closely with him and our dealership clients.”
Stephens has been a significant presence in the dealership space for nearly 30 years and is a premier full-service investment bank with both an advisory practice and institutional equity research covering the industry.
In the past eight years, the practice has advised on more than $14 billion of transaction value, involving more than 340 dealerships.
According to Mowery, “It is a privilege to assume the leadership of Stephens investment banking dealership practice, and I am excited about furthering our franchise. Stephens is fortunate that Matthew will remain involved in our work; and we also have the continuity provided by experienced team member, Stan Dimitrov, as their industry insights and relationships are invaluable.”
