Tellson’s history began when Ronald E. Ainsworth and Andrew Boyd-Jones founded ‘Trenwith Capital, LLC’ in 1981. Trenwith Capital focused on making direct investments in businesses that required turnaround consulting and corporate restructuring efforts.
After nearly a decade of successfully operating and restructuring businesses, Ron and Andrew recognized a gap in the marketplace for a premium investment banking advisory focused on the underserved middle market. In 1991, the partners formed ‘Trenwith Securities, Inc.’ a registered member of FINRA and SIPC and set their focus on small to medium-sized businesses (ranging from $5 – 250 million in enterprise value).
By providing middle-market business owners with an institutional and tenured investment banking advisory, Trenwith Securities grew considerably and cornered the middle market for Capital Markets and Mergers & Acquisitions activity.
In 1998, Trenwith Securities partnered with the fifth largest accounting firm in the world, BDO. Trenwith’s new partner brought with them a strong balance sheet and institutional relationships to grow the firm. Mr. Ainsworth remained as the CEO of Trenwith and expanded the firm’s outreach to 135 offices, spanning over 110 countries. The partners worked in Latin America, Canada, India, and China to develop an international Mergers & Acquisitions and Capital Markets business. During this period the firm conducted hundreds of transactions with prominent Fortune 500 companies and established relationships with a variety of international capital providers. In 2008, the partners sold their interest in Trenwith Securities, Inc. and pursued a variety of personal investment projects.
Starting in 2012, opportunities in the middle market arose, and the Trenwith Principals came together once again to found, Tellson. Under Tellson, Mr. Ainsworth and Mr. Boyd-Jones, continue their legacy of providing premier financial services to the middle market.
Learn more about Trenwith’s journey through the decades:
Throughout the 1980s Trenwith Capital, Inc. had concluded a series of both turn-around and traditional corporate assignments and investments. The partnership was grounded and the business model had proven itself profitable. However, as the decade concluded and the inventory of special assets declined, Trenwith recognized its need to expand from its turnaround and corporate restructuring roots.
In 1991 it was decided the firm would expand into Investment Banking, and the newly registered FINRA broker-dealer was aptly renamed, Trenwith Securities, Inc. Throughout the 1990s Trenwith Securities concentrated on Mergers & Acquisitions and Corporate Finance opportunities, looking specifically at middle market companies between $5 and $250 million in enterprise value. In certain industries and situations, the Principals executed transactions outside of their original parameters, sometimes working with Non-revenue companies, companies with market caps north of $200 million, and certain special situation restructures. In 1998, Trenwith sold a minority share of its business to the fifth largest accounting firm in the world, which acted as a necessary catalyst to the blossoming business as it entered the new millennia.
The new millennia brought about immense change to Trenwith Securities, Inc., which grew rapidly to became an international firm with over 135 offices in 110 countries. During this period the firm conducted hundreds of transactions with prominent Fortune 500s and established relationships with a variety of international capital providers. In 2008, the partners sold their interest in Trenwith Securities, Inc. and pursued a variety of personal investment projects. Starting in 2012, opportunities in the middle market arose and the Trenwith Principals came together once again to found, Tellson. Under Tellson the partners continue their legacy of providing premier financial services to the middle market.