Press Releases

20 December 2018

DC Advisory expands European footprint as parent company Daiwa acquires boutique Spanish investment bank

20 December 2018, London – DC Advisory (DC) today announces the expansion of its European footprint as parent company, Daiwa Securities Group Inc. (Daiwa), completes its 100% acquisition of boutique Spanish investment bank, Montalbán.

The announced acquisition is another step towards Daiwa’s position as the leading mid-market corporate finance advisor, globally. The acquisition ensures DC benefits from the addition of Montalbán’s 28 bankers delivering the full suite of corporate finance advisory services, including M&A and capital advisory. Montalbán’s reputation for delivery in Spain and Portugal across seven key sectors, including financial services and corporate real estate, further bolsters DC’s position as a key player in the European growth economy.

DC Advisory’s parent company now has ownership of six offices across France, Germany, Spain, Poland and the UK, in addition to its wholly owned six offices in North America and India, named DCS Advisory. Alongside its Asia bankers and strategic partners, the global M&A platform now provides clients with access to nearly 1,000 professionals in 33 locations worldwide.

Yuichi Akai, Daiwa’s Head of Global Investment Banking, commented, “The M&A market is no longer a domestic space – providing the right advice for clients means removing any barriers to delivering seamless, cross-border expertise. Formalising our existing relationship with partners Montalbán is the next step in the growth of our seamless global M&A platform, ensuring our clients receive unrivalled access to international teams, wherever they are based”.

Manuel Zulueta, Managing Partner of Montalbán, said “Montalbán has worked in close partnership with DC for over a decade, so it is a natural step to move to a full integration. Joining the global platform at a time of client-centric, exponential growth, is representative of Montalbán’s shared vision with DC – providing the right advice to clients, the right way, anywhere”.

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