From Verizon to Ferrari to Facebook: the incredible client list of Wall Street's most secretive firm
Get the Full StoryREUTERS Rick WilkingSome of the biggest names in tech, telecom, and the media industries have one thing in common.The tiny financial advisory firm quietly advising them on deals behind the scenes: Allen & Co.
The firm advised Verizon on its 4.83 billion deal for Yahoo, which was announced on Monday July 25.
In June, it was named as an adviser to LinkedIn on its 26.2 billion sale to Microsoft.
Those are just the latest in a long line of landmark roles for the firm. It has previously worked on deals for the likes of Facebook, Google and Ferrari.
The firm shuns the spotlight. It has no website this one belongs to a different company , and employs fewer than 200 people.
Herbert Allen Jr. led the company for years, and has a seat on the board of Coca-Cola. His son Herb Allen III, who is now CEO at the firm, was named on Vanity Fair's new establishment list in 2012.
Many of the deals the company works on are birthed during the firm's secretive annual Sun Valley Conference, which is sometimes described as the "Billionaire's Summer Camp." Hollywood celebrities mingle with CEOs like Bill Gates and Elon Musk.
Here is a list the firm's best-known clients.
Data and numbers regarding deals and Allen & Co.'s clients in part courtesy of Dealogic.
Disclosure: Allen & Co. was an early investor in Business Insider.Ferrari
Reuters Denis Balibouse
Sector: Auto
About: The IPO of luxury carmaker Ferrari was one of the most hyped deals of 2015.
The Italian supercar maker priced its initial public offering at 52 per share, with shares trading up at the open. Shares are trading at around 43 as of July 25.
Allen & Co. was a bookrunner 0n the deal.
Tony Chung, LinkedIn
Sector: Technology
About: Microsoft in June announced that it would buy LinkedIn in a 26.2 billion mega deal.
LinkedIn hired two advisers, the San Francisco-based tech boutique firms Qatalyst Partners and Allen & Co.
Time Warner Cable
Joshua Lott Reuters
Sector: Telecom
About: Allen & Co. advised Time Warner Cable on its 80 billion merger with Charter Communications, which was announced in May 2015. The deal will make the combined entity the second-largest cable provider in the US.
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