Reported about 9 hours ago
Evercore, a boutique investment advisory firm, has intensified its efforts to establish a stronger presence in Europe by acquiring UK firm Robey Warshaw for $196 million. This move is strategic, aiming to bolster talent and prepare for a predicted rise in mergers and acquisitions, driven by factors like increased defense spending and lower interest rates. With the acquisition, Evercore will enhance its capabilities and network across the EMEA region, as it seeks to compete with larger firms in the advisory market.
Source: YAHOO