Jim Gruskin - Managing Director - Raleigh, NC
Jim Gruskin is an experienced executive who has spent over 25 years as an investment banker, strategic finance leader and senior corporate finance decision maker. Jim has executed over 50 capital market and strategic transactions with total value in excess of $70 billion.
Jim joined Carolina Financial Group in 2015 and focuses on financings and mergers and acquisitions across a variety of industry sectors including media, technology and real estate.
Prior to joining Carolina Financial Group, Jim served as Managing Partner of Cobb Bay Partners, LLC, an investment banking and advisory firm serving middle market companies and investors. Jim provided services related corporate development, mergers, acquisitions and capital markets to both corporations and financial sponsors. In addition, Jim has served as an Industry Fellow with the Center for Innovation Management Studies and partnered with North Carolina State University and IBM to advance activities in the areas of big data analytics and natural language search to facilitate decision-making related to strategy and corporate development. Jim maintains his leadership role with Cobb Bay Partners for strategic consulting and other non-securities related business.
From 2004 to 2011, Jim served as a senior executive at local marketing solutions provider Dex One Corporation (formerly R.H. Donnelley), most recently as Vice President – Strategic Finance, Head of Mergers and Acquisitions and Corporate Development and Treasurer. While at Dex One, Jim guided the company’s activities related to mergers and acquisitions; corporate development; capital structure strategy; investor relations; cash management; risk management and retiree benefits asset management. Jim helped execute the company’s acquisitions of Dex Media; AT&T’s directory business in Illinois as well as investments in or acquisitions of several technology companies. Jim’s activities were instrumental to the evolution of Dex’s strategy and the company’s transformation from a print advertising centric business to one with a diverse portfolio of marketing services for local businesses. Jim also served on the core team that led R.H. Donnelley’s balance sheet restructuring in 2009.
Prior to joining Dex One, Jim served as vice president of business development and corporate controller at Journal Register Company, a regional newspaper publisher.
Before joining Journal Register Company, Jim worked in the investment banking division at Morgan Stanley and focused on mergers and acquisitions and corporate finance for broadcasters, publishers, technology companies and diversified entertainment companies. Prior to joining Morgan Stanley, he was a member of the media and communications investment banking group at Lehman Brothers.
Jim began his career at Prudential Insurance Company, where he focused primarily on debt and private equity investments at Prudential Capital. At Prudential Capital, Jim invested in natural resources, manufacturing and consumer products companies.
Jim received a Bachelor of Science degree in Economics from the University of Pennsylvania’s Wharton School and an MBA from the University of Chicago Graduate School of Business.