Client:
A full-service middle market investment bank with locations across the United States.
Scope:
We tracked, via deep industry research, a high-performing New York-based middle market boutique investment banking platform specializing in technology coverage, namely fintech (financial technology).
SLA’s Approach:
Our team’s combined 40+ years’ worth of experience has instilled in us the importance of timing. Conversations with this firm’s founder/CEO and other key decision-makers proved their collectively keen attraction to an acquisition by our client.
This ten-person team, with an established reputation in the rapidly-growing middle market fintech space, would have exposure to larger deals and resources with the backing of a full-service firm. In turn, our client was excited at the prospect of bolstering not only their fintech coverage, but also their New York satellite writ large.
Result:
Laying the groundwork for our client to enter conversations with this fintech-focused investment bank led to a full-fledged acqui-hire wherein SLA lifted out the entire fintech team and integrated them with our client’s platform.
This relationship has become one of SLA’s longest-enduring, with our placement of over 15 investment bankers at this platform – across all seniority levels – to date.