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  • August 16, 2010
    Paneltec Corporation has been acquired by successful Greeley, CO entrepreneur, Tim Petersen. Susan Schell, President of Citadel Advisory Group, facilitated the transaction. Citadel worked with the previous owner of Paneltec Corporation over a two-year period to position the company for growth and maximize its earning potential. read more
  • July 19, 2010
    Citadel Advisory Group Partner, Brad Hubbell, completed the acquisition of the Calpet/R&G group of companies (“Calpet”) to an investor group led by affiliates of Paine & Partners, LLC and Tinicum Capital Partners. read more
  • February 22, 2010
    Citadel Advisory Group, a Colorado-based boutique investment banking firm, is proud to announce that Susan Schell has been promoted to President. “Sue is the perfect person to help guide Citadel through our current and future growth,” said Founder, Chris Frevert. read more
  • January 11, 2010
    Citadel Advisory Group is proud to announce that Michael Mazanec has joined the company as Vice President. Chris Frevert, Citadel’s Founder and Managing Director, said, “Mike’s experience spans several industries and this, coupled with his dedication to provide solutions for business owners and investors alike, will be a great benefit to our community of buyers, sellers, and investors.” read more
  • August 13, 2009
    Citadel Advisory Group is proud to announce that Managing Director, Susan Schell, is the recipient of the 2009 Northern Colorado Women of Influence Award in the Business category. She was among 70 nominees which included the most influential women in Northern Colorado. read more
  • May 21, 2009
    Citadel Advisory Group ranked number one among the top 100 fastest growing privately-held companies in Northern Colorado. The Mercury 100 list ranks the top 100 companies showing revenue growth over the previous 4 years and is compiled annually by the Northern Colorado Business Report. Citadel posted revenue growth of 1,217%, up over last year’s 159% growth. Chris Frevert, the firm’s founder, said, “Clients know and appreciate the top talent at Citadel, and consistently recommend our services to others. Because we deliver quality results for our clients, we continue to grow and be a part of Northern Colorado’s vibrant business community.”
  • May 11, 2009
    Citadel Advisory Group is proud to announce that Brad Hubbell of Hubbell Exit Partners has joined the company as a Managing Director. Recognized as one of the Rocky Mountain region’s most highly respected firms specializing in the energy service sector, Hubbell Exit Partners, under Brad’s direction, has completed 25 transactions, ranging from $5 million to $75 million in enterprise value, and has advised on numerous other transactions for both public and private companies. read more
  • May 09, 2008
    Citadel Advisory Group named one of Northern Colorado's fastest growing companies. read more

Michael Mazanec joins Citadel Advisory Group
January 11, 2010

Citadel Advisory Group is proud to announce that Michael Mazanec has joined the company as Vice President. Chris Frevert, Citadel’s Founder and Managing Director, said, “Mike’s experience spans several industries and this, coupled with his dedication to provide solutions for business owners and investors alike, will be a great benefit to our community of buyers, sellers, and investors.”


Mr. Mazanec brings 20 years of experience with a unique blend of skills in business, technology and new venture management. Prior to Investment Banking, he served in executive management, product development, and entrepreneurial roles across many diverse technologies and industries, including; Energy, Industrial Automation & Controls, Capital Equipment, Semiconductors and Electronics. He had founded an industrial robotics corporation before setting off into the semiconductor and electronics fields.
Mr. Mazanec holds an MBA, with honors, from Keller Graduate School of Management where he received the Kagen-Rollhaus Award and holds a B.S. in Materials Science and Engineering from the University of California, Davis.
Mr. Mazanec currently holds the Series 7, 79 and 63 licenses.
About Citadel Advisory Group – Citadel Advisory Group is a boutique mid-market Investment Banking and merger and acquisition advisory firm providing creative solutions to both buyers and sellers. Citadel offers M&A advisory services, recapitalizations, exit and succession planning, valuations, divestment advisory and strategic financial advisory services. Security transactions are offered through Hunter Wise Securities, LLC, registered broker dealer, member FINRA/SIPC.