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PITTSBURGH – A Seattle-based investment bank is looking for business in Pittsburgh – for itself and for the new blank check company it sponsored and floated on the stock exchange last week.
Michael Butler, chairman and CEO of Cascadia Capital LLC, said he has spent at least a week a month in Pittsburgh for the past three years exploring the state of the country and looking for acquisition opportunities, particularly in robotics, AI and the like Automation. Now he’s about to pull the trigger.
“We’re making a big, long-term bet on Pittsburgh,” said Butler. “We have seen Seattle evolve from a promising technology center to a major technology center, and we believe Pittsburgh is poised to make the same transition. I saw the film in Seattle and the same will happen in Pittsburgh. “
Read more from our news partners in the Pittsburgh Business Times.
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