BDO Capital Expands Atlantic Region Presence to Richmond

March 2021


Richmond, VA – March 26, 2021 – BDO Capital Advisors, LLC (BDO Capital), a leading middle market investment bank and wholly-owned affiliate of BDO USA, LLP, has announced the expansion of the practice to Richmond, Virginia.

BDO Capital’s Richmond presence will be led by Patrick Bisceglia, Managing Director and Co-Head of BDO Capital’s Technology, Media & Telecom (TMT) and Business Services sectors. Bisceglia is a senior banker and member of BDO Capital’s leadership team. He joined the firm in 2011 and has led the execution of many of the firm’s largest and most successful engagements. He will be relocating to Richmond after 10 years in the firm’s Boston office.

“While BDO Capital has long served clients throughout the Atlantic region, Richmond fills a gap in coverage between our New York and Atlanta offices. Having a physical presence there significantly enhances our ability to serve clients in the region,” said Bob Snape, President of BDO Capital. “In addition to being a highly accomplished banker, Patrick is a Richmond native with an extensive network of relationships across the Atlantic and Southeast.”

“BDO Capital is an investment bank focused on representing innovative companies in growing markets,” Bisceglia added. “Richmond is ideally situated between the Washington, DC-Baltimore corridor and Raleigh-Durham Research Triangle where we expect favorable trends in business formation, talent migration and investment activity, particularly in the technology, life sciences and business services sectors.”

BDO Capital has been increasingly active in the Atlantic region in recent years, where Bisceglia has advised companies such as Arlington, VA-based Decisive Analytics Corporation on its sale to Whitney, Bradley & Brown (an H.I.G. Capital portfolio company) and Southport, NC-based Cygnus Technologies on its sale to Maravai LifeSciences (a GTCR portfolio company), now listed on the Nasdaq stock exchange.

“The Atlantic and Southeast regions offer a competitive cost of living and a favorable business climate, and as a result have increasingly attracted both large and small companies. The COVID-19 pandemic has only accelerated this trend,” added Snape. “Our presence in Richmond allows us to tap into these shifting demographics and unearth opportunities we otherwise wouldn’t see.”

About BDO Capital Advisors

BDO Capital Advisors, LLC, a wholly-owned affiliate of BDO USA, LLP, is a leading middle market investment bank that focuses on sell-side advisory, acquisition advisory, capital raising and board
advisory services with offices located throughout the United States. The firm has deep industry knowledge, extensive cross-border transaction experience and superior execution capabilities. The
firm has broad industry expertise and contacts having closed transactions within the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy
& Natural Resources and Technology, Media & Telecom sectors. Our seasoned investment bankers have collectively advised on hundreds of transactions for a variety of clients including family-owned businesses, entrepreneur-led companies, public corporations and leading private equity firms. Our professionals also draw upon the full depth and breadth of BDO USA’s national resources which include 65+ offices and more than 6,000 professionals located throughout the United States. The firm has worldwide access to buyers, sellers and offshore investors via the Corporate Finance practices of BDO International’s network of independent member firms. BDO International Corporate Finance firms operate in approximately 100 countries with over 2,500 professionals who are able to meet the investment banking needs of clients across the globe. BDO Capital Advisors, LLC is a separate legal entity and is an affiliated company of BDO USA, LLP, a Delaware limited liability partnership and national professional services firm. BDO Capital Advisors, LLC is a FINRA/SIPC member firm. For more information please visit:


BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of skilled and committed professionals. The firm serves clients through more than 65 offices and over 740 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 91,000 people working out of over 1,600 offices across 167 countries. 

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: