Pat McDonough
Luke Morrison
Kyle Scheetz
Jo Riina

The Team

An advisory relationship with True North promises the following: The same team, the same continuity to steer from one transaction to the next. The same team focused on a complete understanding of our client’s businesses, their prospects, and strategic positioning. The same team present during all aspects of an engagement - business development, preparation, approach, negotiation, announcement, and stakeholder presentations. The same team free of any institutional conflicts. The same team focused on making the engagement an enjoyable experience.

Pat McDonough

Founder

Pat McDonough is a founder of True North. Pat has been an investment banker since 1987. Prior to founding True North, Pat was a Vice Chairman of Global Investment Banking and Managing Director for Bank of America Merrill Lynch for over 10 years. Prior to that, Pat spent over 18 years at Morgan Stanley, where he was elected to Managing Director in 1997 and rose to head the Global Basic Materials Group. Pat has spent most of his career working on many important and innovative transactions in the basic materials space, including the packaging, forest products, mining, building materials, chemicals and automotive industries. Pat received his MBA at The Wharton School, University of Pennsylvania.

Prior to that, Pat served four years active duty and two years active reserves (while in business school) in the United States Navy serving as a gunnery officer, navigator, and admiral’s aide. Pat earned two Navy Achievement Medals. Pat received his undergraduate degree from the University of Virginia where he attended on a NROTC Scholarship and is a recipient of the Ellis Island Medal of Honor.

He is the Chairman of Excellent Schools New Mexico, a non-profit seeking to change educational outcomes for New Mexico’s neediest children.

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Luke Morrison

Senior Associate

Luke Morrison is a senior associate at True North.   Since joining in 2017, he has worked with clients in the metals & mining, paper, and packaging sectors, most notably helping advise on the sale of Xerium Technologies to Andritz AG.  Prior to joining True North, Luke began his career as an investment banking analyst in the Global Industrials Group at Bank of America Merrill Lynch. There, Luke focused on a variety of transactions, including debt and equity financing as well as M&A advisory across a broad spectrum of industries, such as transportation, chemicals, and engineering & construction. Luke graduated from the College of Arts and Sciences, University of Pennsylvania, where he majored in Economics, minored in International Relations, and played four years of Varsity Lacrosse.

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Kyle Scheetz

Associate

Kyle is an associate at True North. He joined True North in 2020 after beginning his career as an investment banking analyst in the Real Estate, Gaming, Lodging & Leisure Group at Deutsche Bank. During his time at DB, Kyle worked on various transactions, from M&A advisory assignments to debt and equity financings. Most notably, he worked to advise VICI Properties on the multi-billion dollar acquisition and financing of real estate assets resulting from the combination of Eldorado Resorts and Caesars Entertainment. Kyle graduated Cum Laude from the University of Pennsylvania’s College of Arts and Sciences, where he majored in Economics, was a Dean’s List recipient, and played four years of Varsity Lacrosse.

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Jo Riina

Executive Assistant

Jo Riina is the True North Executive Assistant to Pat McDonough. Jo is a 30-year veteran from PepsiCo, from which she recently retired in 2018.  Jo spent most of her PepsiCo career within Financial Reporting where she held various positions from Controller of Fixed Assets to Control and Compliance Director of Pepsi Beverages. As the Director of Control and Compliance, Jo led a team of ten where the focus was to ensure Plant and Manufacturing Location Leaders throughout the United States were operating within company policies and in compliance with specific local and state regulations. On a personal side, Jo enjoys cooking and is active in her community, volunteering weekly at an assisted living facility engaging dementia residents in daily fun activities.

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