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Lisa Tolliver

  • Director
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Lisa has over eighteen years of experience in the investment banking industry, primarily focused on advising middle market private business owners in liquidity related transactions. As a Director based in Capstone’s Chicago office, she works closely with clients to advise and execute domestic and cross-border M&A transactions, recapitalizations and capital raises.

Prior to Capstone, Lisa worked in the Capital Strategies Group at Morgan Stanley Smith Barney and also spent 10 years working for the middle market investment banking arm of Citigroup, where she was involved in the evaluation, marketing and closing of numerous transactions involving private businesses and corporate divestitures. Over her career, Lisa has developed M&A expertise in several industry sectors including government & defense, industrials, consumer products, e-commerce and technology-enabled business services.


Illinois State University - Bachelor of Arts

Registrations & Affiliations

FINRA - Series 7 and 63 Registered Securities Representative

Industry Coverage

Capstone Headwaters has already identified six merger and acquisition (M&A) deals in the Government Information Technology (IT) industry in 2018, suggesting a strong year of M&A activi

Deal activity in the Water Infrastructure industry was brisk in 2017, with 111 announced or closed transactions.

The share of online shopping is expected to see continued growth, and IBISWorld has projected e-commerce sales to increase at an annualized rate of 7.8% between 2017 and 2022. The improving ec