News Releases

David McGorman Joining BSMC

As of September 26th 2016, Black Spruce Merchant Capital would like to welcome David McGorman in the role of Managing Director.

David has 25 years of experience in the financial services industry with a primary focus on the energy sector.  He has participated in over $12 billion in transactional value; including private and public equity issues, debt placements, and a full range of advisory and work-out assignments. His client base includes Canadian based energy companies, both upstream and oil field services, with domestic and/or international operations.  David started his finance career at a U.S. bulge bracket (The Chase Manhattan Bank), building out of their investment banking platform in Canada.  Post Chase, he’s had senior investment banking roles at Raymond James, Haywood Securities, and Jennings Capital.  David eventual became the President & CEO of Jennings, guiding them through to its merger with Mackie Research Capital in 2014.

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