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ST. LOUIS - Stifel Financial Corp. (NYSE: SF), a financial services holding company, has finalized the acquisition of Bryan, Garnier & Co., an investment bank with a focus on the European technology and healthcare sectors. This move is aimed at enhancing Stifel’s capabilities in Europe and advancing its objective to become the leading global investment bank for the middle market.
Bryan Garnier, established in 1996, provides a range of services, including mergers and acquisitions advisory, equity capital markets, and private placement services. Today, Bryan Garnier will start rebranding as Stifel, and steps to officially change the group’s legal entity names will commence.
The acquisition is significant for Stifel, as it combines the strengths of both firms, which have collectively led over 500 European transactions in technology and healthcare since 2020. Olivier Garnier, Co-Founder and Managing Partner of Bryan Garnier, will become Chairman of Stifel Europe, contributing to the firm’s growth and focusing on client engagement.
Stifel, headquartered in St. Louis, Missouri, operates its banking, securities, and financial services business through wholly-owned subsidiaries. With approximately 10,000 professionals in around 400 offices globally, Stifel is recognized as a leading M&A advisor and capital markets firm for growth companies.
The company has a history of accolades, including being ranked No. 1 in North American M&A transactions under $1 billion since 2012 and receiving the U.S. Mid-Market Equity House of the Year award by International Financing Review five times since 2013.
This acquisition is a strategic step for Stifel, aiming to provide clients with a broader array of solutions, enhanced cross-border reach, and deeper market expertise. The information regarding the completion of this acquisition is based on a press release statement from Stifel Financial Corporation. InvestingPro data shows the company maintains a "GOOD" overall Financial Health score, with particularly strong metrics in profitability and growth. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Stifel Financial Corporation reported its first-quarter 2025 earnings, revealing a challenging period with earnings per share (EPS) and revenue falling short of expectations. The company announced an EPS of $0.49, significantly below the forecasted $1.74, while revenue reached $1.26 billion against a forecast of $1.3 billion. A substantial legal charge of $180 million notably impacted the company’s bottom line, despite achieving record-high first-quarter revenue. Wolfe Research upgraded Stifel Financial’s stock rating from Peer Perform to Outperform, setting a new price target of $108, citing the company’s strong fundamentals and potential benefits from increased bank mergers and acquisitions activity through its KBW division. Analyst Steven Chubak noted the company’s robust fundamentals, including solid net interest income and favorable balance sheet trends. Stifel Financial remains optimistic about market recovery in the latter half of 2025, maintaining its financial guidance for the year. The company anticipates stronger performance in its financial advisory services and potential increased M&A activity in the banking sector. Despite current challenges, Stifel Financial continues to focus on its long-term growth strategy and market positioning.
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