
James Cassel
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- Full Name
- James S. Cassel
- Title
- Chairman & Co-Founder
- Firm
- Cassel Salpeter & Co., LLC
- Firm Type
- Independent investment banking firm
- Target Company Profile
- Middle-market and emerging growth companies; private companies, public companies, family-owned businesses, private equity portfolio companies, distressed companies, boards of directors, and business owners seeking M&A, financing, restructuring, valuation, or advisory support.
- Sector Focus
- Generalist; firm cites experience in aerospace and defense, consumer products and services, financial services, healthcare, and technology.
- Geographic Focus
- United States and worldwide
- Location
- Miami, Florida
Background
James S. Cassel is Chairman and co-founder of Cassel Salpeter & Co., an independent Miami-based investment banking firm focused on middle-market and emerging growth companies. His official biography describes him as an investment banker and attorney who advises clients on mergers, acquisitions, divestitures, corporate and transactional financings, public offerings, restructurings, and bankruptcy-related matters.
Before founding Cassel Salpeter & Co., Cassel co-founded and chaired Capitalink, LLC, an investment banking firm that was acquired by Ladenburg Thalmann & Co. After the acquisition, he served at Ladenburg Thalmann as vice chairman, senior managing director, and head of investment banking. He also previously chaired a company that owned two hospitals.
Cassel is also Chairman of the Board and Chief Executive Officer of Indigo Acquisition Corp., a $115 million publicly traded SPAC listed on Nasdaq under ticker INAC. His civic and board roles include serving as Honorary Consul of the Grand Duchy of Luxembourg in Miami for the State of Florida, Board Member and Finance Chairperson of the Miami Parking Authority, former independent director of Equity One, and former president of the South Florida Chapter of the Association for Corporate Growth.
Cassel earned a B.S. in Economics and Political Science from American University in 1976 and a J.D. from the University of Miami School of Law in 1979. He is a member of the New York and Florida Bar Associations.
Investment Thesis & Focus
- Public sources do not verify the stub’s claim that Cassel is primarily an angel investor making seed investments; the verified profile is investment banker, chairman, and co-founder of Cassel Salpeter & Co.
- Focuses on middle-market and emerging growth companies seeking M&A, capital raising, restructurings, fairness and solvency opinions, valuations, and advisory services.
- Works across industries as a generalist, with firm experience in aerospace and defense, consumer products and services, financial services, healthcare, and technology.
- Has particular expertise with distressed companies, including developing restructuring plans, negotiating with creditors, and guiding debtors through bankruptcy proceedings.
- Cassel’s own description of his approach emphasizes practical execution: “apply our creativity and common sense to achieve our clients’ goals.”
- No verified personal angel-investment check size or seed-stage thesis was found in public sources reviewed.
Notable Investments
- RAS3 Communications and Consulting / Amplix: Cassel Salpeter served as financial advisor to RAS3 in its 2026 sale to Amplix, a Gemspring Capital portfolio company.
- Paramount Consulting & Engineering / Certerra: Cassel Salpeter advised Paramount in its 2026 strategic partnership with Certerra.
- Nicklaus Companies: Cassel Salpeter served as investment banker to Nicklaus Companies in its 2026 Chapter 11 reorganization and asset-sale process.
- Intermark Foods / Apex Capital: Cassel Salpeter advised Intermark Foods, doing business as El Latino Foods, in its 2026 strategic partnership with Apex Capital.
- Coral Terrace Hospital / Westchester General Hospital: Cassel Salpeter advised Coral Terrace Hospital in its 2026 acquisition of Westchester General Hospital from Sanitas USA.
- Sunbelt Health / Unified Health Services: Cassel Salpeter facilitated the 2025 sale of Sunbelt Health to Unified Health Services.
- Healthly LLC: Cassel Salpeter represented Healthly in securing financing, announced in 2024.
- Bird Global assets / Third Lane Mobility: Cassel Salpeter facilitated the Chapter 11 sale of Bird Global assets to Third Lane Mobility for $145 million, announced in 2024.
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