Stifel Financial Corp. announced it has signed a definitive agreement to acquire Bryan Garnier & Co., a leading independent full-service investment bank focused on European technology and healthcare companies. Terms of the transaction were not disclosed.
Founded in 1996, Bryan Garnier’s product suite includes mergers & acquisitions advisory, private and public growth financing solutions and institutional sales & execution. With a team of approximately 200 professionals, including 33 Managing Directors, Bryan Garnier is headquartered in Paris and has offices in London, Amsterdam, Munich, Oslo, Stockholm, and New York.
“As a leading European middle market investment bank in the healthcare and technology verticals, Bryan Garnier represents an ideal partner,” said Ronald J. Kruszewski, Stifel Chairman and CEO. “Its culture and long-term history of providing clients with high quality advice in two of our largest investment banking growth verticals is highly complementary with Stifel’s business. This combination is a logical next step in the evolution of Stifel’s global advisory business.”
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“By integrating Stifel’s capabilities across advisory, private and public markets, and equity and debt solutions, Stifel and Bryan Garnier are offering unparalleled opportunities for clients, employees, and the European market as a whole,” said Olivier Garnier, co-founder and Managing Partner of Bryan Garnier.
Over the years, Stifel has grown both organically and through acquisition, and is on pace to generate more than $4.8 billion in net revenue in 2024.* With nearly 10,000 professionals located across approximately 400 offices across the United States, Europe, the Middle East, and Asia, Stifel is a leading M&A advisor and a premier capital markets firm. Stifel was named “US Mid-Market Equity House of the Year” by International Financing Review (IFR), recognizing outstanding capital markets achievements in 2023.
Keefe, Bruyette & Woods, A Stifel Company, acted as exclusive financial advisor and Bryan Cave Leighton Paisner LLP acted as legal advisor to Stifel in the transaction. Houlihan Lokey acted as exclusive financial advisor and White & Case LLP acted as legal advisor to Bryan Garnier.
Source: GlobeNewsWire