Founded in 1992, Growth Capital Partners works with entrepreneurs, business owners and private equity organizations to meet their growth and liquidity objectives.

Growth Capital provides various investment banking services, with emphases on company sales, private placements, management-led buyouts and valuation services.

John McNabb, chairman, director and a founder of Growth Capital Partners will join Duff & Phelps as vice chairman of the investment banking practice.

David Sargent, CEO, president, director and a founder of Growth Capital Partners, will also join Duff & Phelps to lead the firm’s investment banking activity in the Southwest.

Sargent said by combining shared philosophies with its regional presence and strong network of contacts in key industries, Duff & Phelps is better positioned to take advantage of growth opportunities throughout the Southwest and beyond.

Terms of the transaction were not disclosed.