Westlake Securities, an investment banking firm based in Austin, Texas, has opened a new Dallas office co-managed by Terry Fick and Brad Purifoy.

They will join the firm as partners and managing directors, expanding Westlake's Austin and Houston presence to North Texas.

"With combined experience of over 35 years in middle market investment banking, this team is well suited to lead Westlake's Dallas office and service the middle market with a full array of investment banking services," says Michael McAllister, managing director of Westlake Securities.

Fick (pictured) and Purifoy's responsibilities will include new business development and facilitating M&A and capital related transactions.

Fick was chairman of Corporate Finance Associates, an investment bank covering the US where he spent 20 years prior to two years at Allegiance Capital. He is active in the Dallas/Fort Worth chapter of the Association for Corporate Growth where he was past president and a former member of the national board. He also was past chairman of the Texas Capital Connection where over USD100bn of private equity congregates to meet Texas companies. In addition, he is on the advisory board of the educational arm of Dallas-based Presbyterian Hospital/Harris Methodist Hospital organisation.

Purifoy is a dealmaker with over 25 years of executive experience in investment banking, Fortune 500 industry, and big four public accounting. He is currently president elect and a long time board member of the Dallas/Fort Worth chapter of the Association for Corporate Growth. Prior to joining Westlake Securities, he served as managing director for Corporate Finance Associates and senior vice president for Allegiance Capital, both international middle market investment banking firms.