Financial services holding company Stifel Financial has agreed to acquire Bryan Garnier, an independent investment bank specialising in European technology and healthcare sectors.
The terms of the deal were not revealed.
Established in 1996, Bryan Garnier provides a range of services, including mergers and acquisitions (M&A) advisory, private and public growth financing, research insights, and institutional sales and execution.
The firm is headquartered in Paris and operates additional offices in London, Amsterdam, Munich, Oslo, Stockholm, and New York.
Bryan Garnier co-founder and managing partner Olivier Garnier said: “By integrating Stifel’s capabilities across advisory, private and public markets, and equity and debt solutions, Stifel and Bryan Garnier are offering unparalleled opportunities for clients, employees, and the European market as a whole.”
Based in the US, Stifel Financial recorded more than $4.8bn in net revenue in 2024. The firm has around 10,000 professionals across 400 offices globally, including in the US, Europe, the Middle East, and Asia.
Stifel Financial conducts its operations through several wholly owned subsidiaries, offering a broad spectrum of financial services. These include securities brokerage, investment banking, trading, and lending solutions.
Its subsidiaries, such as Stifel Nicolaus & Company, Eaton Partners, and Miller Buckfire, serve individual investors, professional money managers, businesses, and municipalities across the US.
Additionally, Stifel Bank and Stifel Trust provide lending, trust, and associated financial services.
Stifel Financial chairman and CEO Ronald Kruszewski said: “As a leading European middle market investment bank in the healthcare and technology verticals, Bryan Garnier represents an ideal partner.
“Its culture and long-term history of providing clients with high quality advice in two of our largest investment banking growth verticals is highly complementary with Stifel’s business. This combination is a logical next step in the evolution of Stifel’s global advisory business.”
For the transaction, Keefe, Bruyette & Woods acted as exclusive financial adviser to Stifel Financial, with legal advice provided by Bryan Cave Leighton Paisner.
Houlihan Lokey served as exclusive financial adviser to Bryan Garnier, with White & Case providing legal counsel.
