Dan Shumate

Managing Director

Dan Shumate is a managing director specializing in mergers and acquisitions and ownership transition advisory services. He is head of FMI Capital Advisors' Utility & Communication Infrasatructure vertical and leads investment banking activities for companies providing engineering, products and services to the power, gas, water and communication segments.

Dan's experience spans a diverse base, guiding various organizations' strategic and capital market needs, including mergers and acquisitions, equity capital and business advisory services, among others. His investment banking career has focused heavily on utility transmission and distribution businesses. As a result, he has strong relationships throughout the industry and a well-established understanding of the particular strengths and challenges facing many of its subsectors. His clients primarily include private and public companies as well as equity sponsors.  

Prior to joining FMI, Dan served in the Tennessee Army National Guard as a captain and pilot of Blackhawk helicopters. In this role, he oversaw the maintenance and logistical support for Blackhawks helicopters in the air assault and MEDEVAC units.

Licenses & Certifications

  • Investment Banking Representative (Series 79)
  • Uniform Securities Agent (Series 63)

Capabilities

  • Mergers and Acquisitions
  • Ownership Transfer
  • Financial Advisory Services

Industries

  • Utility Transmission and Distribution
  • Construction
  • Engineering

Education

  • Master of Business Administration and Juris Doctorate, the University of Tennessee
  • Bachelor of Business Administration with honors, Belmont University

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