Mallon Associates Acquired by C.E. Unterberg

NEW YORK – An investment bank is putting its money into security industry financial advisor Mallon Associates by acquiring it for an undisclosed sum.

The deal, announced Nov. 12, makes Mallon a division of C.E. Unterberg, Towbin (CEUT), a New York-based investment bank that focuses on middle-market growth companies in the technology and health care industries.

Jack Mallon co-founded the company in 1999 with his son Jon Mallon and Robert Rutkowski.  All three will stay on after the acquisition

Mallon publishes Mallon’s Security Report, a newsletter reporting on investment opportunities in the security industry.

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