Stifel Financial signs agreement to acquire Bryan, Garnier & Co.

Stifel Financial (SF) announced it has signed a definitive agreement to acquire Bryan, Garnier & Co. Terms of the transaction were not disclosed. “As a leading European middle market investment bank in the healthcare and technology verticals, Bryan Garnier represents an ideal partner,” said Ronald J. Kruszewski, Stifel Chairman and CEO. “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.”