Yellowstone Capital Advisors names Del Cloninger as senior vice president

Yellowstone Capital Advisors has hired Del Cloninger as senior vice president, investment banking, to lead sell-side M&A advisory for founder-led and middle market companies in business process services, customer experience, and CX technology. The move adds more than 15 years of finance and corporate development experience as the firm expands its industry-focused advisory work.

Why it matters: - Yellowstone Capital Advisors is adding senior dealmaking talent as founder-led and middle market companies keep looking for guidance on sales, acquisitions, and strategic alternatives. - Del Cloninger’s background in operating roles and corporate development gives the firm a mix of transaction experience and in-house services industry perspective. - The hire strengthens Yellowstone Capital Advisors’ focus on Business Process Services, Customer Experience, and CX Technology.

What happened: - Yellowstone Capital Advisors announced that Del Cloninger joined the firm as Senior Vice President, Investment Banking. - Cloninger is based in St. Louis, Missouri. - His main mandate is sell-side M&A advisory for founder-led and middle market businesses in the Business Process Services, Customer Experience, and CX Technology sectors. - Cloninger brings more than 15 years of finance, corporate development, and M&A leadership experience in public and private equity-backed services businesses. - Before joining Yellowstone Capital Advisors, Cloninger held senior roles at ResultsCX, Startek, and Radius Global Solutions.

The details: - At ResultsCX, Cloninger served as Senior Vice President of Corporate Development and Chief of Staff to the CEO. - In that role, he supported mergers, acquisitions, partnerships, and other enterprise initiatives tied to the company’s growth. - His background includes treasury, financial planning and analysis, transaction underwriting, due diligence, negotiation, integration, and capital allocation. - Trevor C. Allen, Managing Director at Yellowstone Capital Advisors, said Cloninger brings a combination of transaction experience and operating insight. - Allen said that perspective will help founders and management teams evaluate transactions. - Cloninger said Yellowstone Capital Advisors’ specialized focus and industry insider approach made the move a natural fit. - Cloninger said he expects to help business owners understand their options, prepare for transactions, and pursue outcomes aligned with long-term goals. - Cloninger holds a Master of Science in Finance from Webster University and a bachelor’s degree from the University of Missouri. - Cloninger also completed an M&A program through Columbia University. - He previously held the Certified Treasury Professional credential. - Yellowstone Capital Advisors is based in Jackson Hole, Wyoming. - The firm serves founder-led and middle market businesses in Business Process Services, Customer Experience, CX Technology, and related services sectors. - Yellowstone Capital Advisors combines transaction expertise with direct industry operating experience to help clients navigate strategic and financial decisions.

Between the lines: - The hire signals that Yellowstone Capital Advisors is continuing to build around sector specialization rather than broad-based coverage. - Cloninger’s operating background may help the firm speak more directly to owners who want advice that reflects how services businesses actually run. - The emphasis on founder-led companies suggests the firm is aiming at owners weighing liquidity, succession, or growth decisions.

What's next: - Cloninger will work with clients on preparing for the market, anticipating buyer diligence, communicating strengths, and executing transactions. - Yellowstone Capital Advisors is likely to lean further into advisory work for services and CX-related businesses as it adds senior industry experience. - The firm’s contact information and website are available at the company's website and its LinkedIn page.