- Stifel Financial ( NYSE: SF ) on Thursday agreed to acquire Torreya Partners, an independent mergers and acquisitions and private capital advisory firm serving the global life sciences space, for an undisclosed price.
- Since 2010, the Stifel Global Healthcare Investment Banking Team has advised on ~700 M&A and capital raising transactions, the company said.
- The deal "helps solidify Stifel’s leadership position across healthcare,” said Brad Raymond, Stifel global head of Investment Banking.
- In addition to its core M&A business, Torreya, founded in 2007, offers advisory expertise across divestitures and joint ventures, royalty monetization, licensing agreements, and private capital raising.
- In July, Stifel completed its acquisition of European financial advisory firm ACXIT Capital Partners .
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Stifel Financial to buy healthcare-focused investment bank Torreya Partners