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Profile 2016_Clusters.qxp_Layout 1 6/13/16 9:49 AM Page 42

I N D U S T R Y

BDB

Professional/ Financial Services

C L U S T E R S

Noble Financial Capital Markets Investing in South Florida Whether investing in promising Florida companies, hosting investment conferences or advising clients, Noble Financial Capital Markets has a deep understanding of the nation’s equity markets. “Our firm has a strong research team whose insights help shape our investment recommendations and serve our clients,” said Shawn Titcomb, managing director for Noble Life Science Partners (LSP), a division of the growing Boca Raton financial services firm. “Our capital markets analysts focus primarily on private and small-cap public emerging growth companies in the healthcare, technology, media and natural resources sectors.” One of the firm’s many investment success stories is 1-800 PetMeds, which has grown to become the largest online pet pharmacy in the world. Another is TherapeuticsMD, Inc. a women’s healthcare company that manufactures and distributes branded and generic prescription prenatal vitamins, as well as over-thecounter vitamins, and cosmetics. Noble was the co-manager for $130 million in publicly underwritten transactions for the Boca Raton life sciences company. “We spend a great deal of time looking for attractive companies in Florida,” Titcomb said. “That has resulted in a number of successful endeavors that generate returns for our clients while helping emerging companies take the next steps in their growth.” Founded in 1984 in Boca Raton by Nico Letschert, a Dutch financial entrepreneur, Noble Financial Capital Markets is an equity research-driven, full-service, investment and merchant banking

42 PALM BEACH COUNTY BUSINESS PROFILE | BDB.ORG

boutique with offices in New York and Boston. The company has about 60 employees, primarily in the Boca Raton headquarters. For more than three decades, Noble has served as an investment bank for clients seeking to raise money in the U.S. equity market, sometimes contributing capital from its partners and affiliates. The firm has built long-standing relationships with institutional investors such as mutual funds, hedge funds, private equity funds and venture capitalists, as well as high-net worth investors. Since joining the firm 10 years ago, Titcomb has been investing, raising capital and providing guidance for South all jobs in Palm Beach County are Florida companies like Variant in business and financial services, Pharmaceuticals and Pelican including banking, wealth Therapeutics. “We like to align management, corporate finance, ourselves with management accounting, legal, advertising, that has a track record of architecture and other success,” said Titcomb, who is professional service firms. In the co-founder and chairman of past three years, the BDB has Variant and a previous board helped 16 financial /professional service firms relocate here. member of Pelican. Titcomb also helped manage a $72.45 million initial public offering (IPO) for Cynapsus Therapeutics, which is seeking FDA approval for a new treatment for patients with Parkinson’s disease. “We helped Cynapsus build awareness and interest among institutional investors,” he said. “We also served as the company’s sole U.S. placement agent for a $25 million private placement in 2014 and a $21 million private placement in 2015.”

Nearly 24 percent of

Profile 2016-2017  

PROFILE, now in its 26th year of publication, is recognized as the business annual of record for Palm Beach County, Florida. This premier, a...

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