BGL promotes investment bankers to managing director

Brown Gibbons Lang & Co. (BGL), a Cleveland-based independent investment bank and financial advisory firm, has announced the promotion of independent bankers James M. Cocita and Justin A. Wolfort to managing director.

Cocita joined BGL in 2015 and is a member of the firm’s infrastructure and services verticals. His primarily focus is in environmental infrastructure and environmental services, and he has significant experience advising clients across the solid and specialty waste, specialty industrial services and environmental field services sectors.

With nearly two decades of advisory experience, Cocita’s expertise encompasses  mergers and acquisitions, recapitalizations, divestitures and strategic alternatives for private, public and private-equity backed companies.

Wolfort also joined BGL in 2015 and is a member of the firm’s industrials vertical, currently leading the firm’s coverage in engineered equipment. According to BGL, Wolfort is a trusted advisor to his clients across myriad subsectors, including process and automation equipment, electronic, electrical, power and utility equipment, industrial technologies, climate and flow control equipment, clean technology equipment and material handling and conveyance equipment. His experience also includes a significant amount of time spent covering diversified industrials.

Over the past 24 months, BGL has expanded its sector coverage within its industrials, consumer, services, infrastructure, healthcare and life sciences verticals, along with adding to its financial sponsor coverage capabilities.

“BGL’s strong sector focus is driven by our bankers’ commitment to their industries,” say BGL co-CEOs Effram E. Kaplan and Andrew K. Petryk. “James and Justin each have been with the firm for more than a decade, during which time they have demonstrated dedication to BGL and our valued clients. They have contributed substantially to our firm’s continued growth and success, and we look forward to seeing them succeed in their new roles.”