Capital Management Internationale Research
Advisory Approach
Capital Management Internationale (CMI) is an investment banking and financial advisory firm founded in 1992 by William K. Lundy. The firm operates with a clear thesis: companies seeking capital for growth or acquisitions need efficient, responsible financing structures that enable both organic growth and expansion through acquisition. CMI's sweet spot is emerging growth companies and public companies seeking alternative financing to traditional secondary offerings or bank debt.
The firm's philosophy centers on acting as a strategic financial partner rather than just a transactional advisor. CMI believes that when management has confidence that financing is in place, they can operate more effectively and focus on running their business rather than chasing capital. The firm handles all aspects of financing, allowing company leadership to avoid time-consuming road shows, broker lunches, and analyst meetings.
Sector Focus
CMI works across a broad range of industries but demonstrates particular expertise with emerging growth companies across technology, business services, and manufacturing sectors. The firm has experience with both public and private companies, and their services extend to early-stage companies with at least $3 million in revenue that are approaching break-even.
The firm's background in venture capital and emerging growth company financing suggests strength in technology and growth-oriented sectors. Their services include public shell access for reverse mergers, indicating experience with companies seeking public market access through alternative routes.
Deal Track Record
Capital Management Internationale has assisted in the financing of over $230 million in transactions for public companies. This represents significant activity in the private placement and corporate financing space. The firm has been operating since 1992, representing over three decades of continuous service to clients.
Beyond the aggregate transaction value, CMI's track record includes extensive work in private placements, strategic alliances, and mergers & acquisitions. The firm has established relationships with institutional funds, high net worth individuals, and both IR/PR firms and entrepreneurial banks that create synergistic opportunities for clients.
Process & Fee Structure
CMI's approach to client engagements emphasizes efficiency and client focus. For private placements, the firm employs a distinctive fee structure: companies pay no upfront fees or commissions. CMI is paid only at the close of the transaction, aligning the firm's incentives with client success.
The firm's process begins by thoroughly understanding a company's requirements and preferences, then identifying appropriate funding sources, whether institutional funds or high net worth investors. CMI handles negotiations, documentation, and ongoing support throughout the transaction. This approach allows management to remain focused on operations rather than fundraising activities.
Buyer Network
Capital Management Internationale maintains long-term relationships with institutional funds whose specific investment objectives are thoroughly understood. This network enables rapid matching of companies with appropriate funding sources, eliminating the need for extensive road shows. The firm also has relationships with IR/PR firms, entrepreneurial banks, and other client companies that can provide strategic alliances and synergistic partnerships.
For M&A advisory, CMI conducts thorough searches to identify target acquisition candidates and, with client approval, initiates negotiations for mergers and acquisitions.
Competitive Positioning
CMI differentiates itself through several key factors:
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No Upfront Fees: The firm's private placement fee structure eliminates upfront costs, with compensation tied solely to successful transaction completion.
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Rapid Execution: By maintaining deep relationships with institutional investors and understanding their investment objectives, CMI can quickly match companies with appropriate funding sources without time-consuming road shows.
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Full-Service Capability: Beyond capital raising, CMI offers strategic advice on equity markets, investor relations support, market making connections, and analyst coverage facilitation.
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Operational Focus: The firm allows clients to focus on running their business while CMI handles all financing aspects.
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Flexible Solutions: CMI offers multiple financing structures including private placements, strategic alliances, purchase order financing, inventory financing, debt replacement, and equipment leasing.
Not a Fit If
CMI is likely not a fit for:
- Companies below $3 million in revenue for early-stage investments
- Businesses seeking traditional public secondary offerings (CMI focuses on private placements)
- Companies requiring extensive road show processes rather than targeted investor matching
- Firms needing a large bulge bracket investment bank for billion-dollar transactions
Team
William K. Lundy — President and Managing Director. Bill founded CMI in 1992 and brings over 35 years of investment banking and investment advisory experience. He began his career at General Electric in Houston, then launched his investment banking career in the mid-1980s with Cruttenden Roth, where he specialized in bringing venture capital to emerging growth companies via structured financings including private placements, strategic partnerships, and IPOs. He later worked at Shearson Lehman Hutton practicing institutional money management. Bill graduated from Auburn University in 1979 and attended South Texas College of Law from 1983-1986. He currently also serves as a Managing Director at Boustead Securities (joined 2019) and holds FINRA Series 3, 7, and 63 licenses.
Ronald R. Mass — Senior Associate, Director. Ron serves in a senior leadership role supporting the firm's advisory and financing activities.
Geographic Coverage
CMI is headquartered in Irvine, California (Orange County) at 96 Canopy, Irvine, CA 92603. The firm serves clients nationally, with particular strength in the California market and relationships extending nationwide through institutional investor networks. Bill Lundy also heads the Auburn Alumni group in Orange County, reflecting the firm's deep regional connections.