Matrix Capital Markets Group, Inc. has announced that it is expanding its industry coverage by establishing a Media and Communications Group. Leading the team will be Michael S. McHugh, Managing Director, who recently joined Matrix and will be located in the Richmond office.

McHugh brings with him over 18 years of merger and acquisition and financing advisory experience in the media and communications industries, along with restructuring and bankruptcy-related expertise. Within the media and communications industries, he has completed over 100 transactions for middle market companies. Prior to joining Matrix, McHugh was Managing Director with Waller Capital Partners, based in New York. His prior positions include Partner with WWC Securities, Managing Director with MCG Capital, as well as various positions with GE’s Media and Communications Group.

“The addition of Mike and the media and communications focus to our portfolio of industry verticals is part of our continued plan to grow the company. We are always looking for fresh and innovative areas in which to expand our industry reach and expertise to better serve our clients,” commented Michael Morrison, President of Matrix.