Stifel Announces Acquisition of Bryan, Garnier & Co.
Deal News | Jan 06, 2025 | Globenewswire
Stifel Financial Corp. is set to acquire Bryan, Garnier & Co., a significant player in the European investment banking sector specializing in technology and healthcare. Established in 1996, Bryan Garnier offers comprehensive services including M&A advisory, growth financing, and institutional sales, with a robust presence in key European and U.S. financial hubs. This acquisition marks a strategic alignment with Stifel's growth objectives in the global market, enhancing its advisory portfolio with Bryan Garnier's sector-specific expertise and market reach. Stifel, already a leader in middle-market M&A advisory in the U.S., predicts continued revenue growth driven by this and similar transactions. Keefe, Bruyette & Woods, and Houlihan Lokey served as financial advisors for the transaction, while Bryan Cave Leighton Paisner LLP and White & Case LLP provided legal counsel.
Sectors
- Financial Services
- Technology
- Healthcare
Geography
- United States – Stifel Financial Corp. is headquartered in St. Louis, Missouri, and operates extensively across the U.S.
- France – Bryan, Garnier & Co. is headquartered in Paris, making France a key geographical focus of the acquisition.
- Europe – Bryan, Garnier & Co. has a substantial presence in European financial centers, which is a major focus of the acquisition.
Industry
- Financial Services – The acquisition involves investment banks, which provide services like M&A advisory and growth financing, indicating the relevance of this sector.
- Technology – Bryan, Garnier & Co. specializes in the technology sector, offering services that target tech companies, which is central to the article.
- Healthcare – Bryan, Garnier & Co. also focuses on the healthcare sector, providing tailored investment banking services to companies within this industry.
Financials
- $4.8 billion – Projected net revenue for Stifel Financial Corp. in 2024 based on YTD annualized figures through September 30, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stifel Financial Corp. | Bidding Company | Company | A financial services holding company headquartered in St. Louis, Missouri, offering banking, securities, and financial services. |
| Bryan, Garnier & Co. | Target Company | Company | A European growth investment bank focused on technology and healthcare sectors with offices in major financial centers. |
| Keefe, Bruyette & Woods | Financial Advisor to Bidder | Company | A Stifel Company that acted as the exclusive financial advisor to Stifel in the transaction. |
| Bryan Cave Leighton Paisner LLP | Legal Advisor to Bidder | Company | Provided legal advisory services to Stifel for the transaction. |
| Houlihan Lokey | Financial Advisor to Target | Company | Acted as the exclusive financial advisor to Bryan Garnier in the transaction. |
| White & Case LLP | Legal Advisor to Target | Company | Provided legal advisory services to Bryan Garnier for the transaction. |