Investment Helps Boost Wunderlich's Capital -- Norwegian Company Buys Undisclosed Portion of Securities Firm

Summary


Wunderlich Securities has sold a "substantial" interest in the company to a Norwegian firm to fuel its growth plans.

Coil Investment Group plowed $20 million into the 11-year-old Memphis investment firm, its first venture in the United States.

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Investment Helps Boost Wunderlich's Capital -- Norwegian Company Buys Undisclosed Portion of Securities Firm

"We've experienced tremendous growth since we bought Crisler Tipton in 1996," said Gary Wunderlich Jr., chief executive officer of the Memphis...

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