London, 31 October 2017, Further to its announcement on 27 July 2017, DC Advisory (DC), a leading European corporate finance advisor, today confirmed that its parent company, Daiwa Securities Group, has announced the completion of its acquisition of Signal Hill – a leading US investment banking and advisory boutique. This announcement follows Daiwa’s acquisition of Sagent Advisors on 29 September 2017.
With both firms now owned by Daiwa, Sagent Advisors and Signal Hill will combine operations to represent the North American portion of Daiwa’s global advisory business. Sagent and Signal Hill will unite as a single firm known as DCS Advisory (DCS) – the close of which is expected in 2018, subject to regulatory approvals. Along with DC Advisory, this firm will focus on providing quality M&A advice and private capital raising for companies worldwide. DCS will operate out of US offices in Baltimore, Boston, Chicago, Nashville, New York, Northern Virginia and San Francisco, led by senior bankers with deep sector knowledge over a wide breadth of industry verticals.
“Daiwa’s M&A teams across Asia and DC have developed a strong track record of advising clients on international M&A opportunities, in Asia, Europe and the US,” said Richard Madden, CEO, DC, UK in July 2017. “With these acquisitions, we are confident that we’ll be able to increase our relevance in the world’s largest M&A market in sectors that seek cross-border activity, and will be able to provide our clients with greater opportunity.”
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About Daiwa Securities Group Inc. Daiwa is one of the leading, comprehensive financial service firms in Asia. Daiwa operates through five core businesses: Retail, Global Markets, Global Investment Banking, Asset Management, and Investment. Under its unity within the group, the company provides a broad range of services to various clients.
About DC Advisory DC Advisory is a leading European corporate finance adviser with specific expertise in cross-border transactions. We provide tailored independent advice on Mergers & Acquisitions, Debt Raisings and Restructurings. The firm employs over 200 staff across six European offices and is a subsidiary of Daiwa Capital Markets, the investment banking arm of Japan’s Daiwa Securities Group. We are present in Asia, the US and Nordic region through our partners Daiwa Capital Markets, Sagent Advisors and Danske Bank Corporate Finance.
About Sagent Advisors Sagent Advisors is a leading investment bank focused on providing strategic and financial advice on mergers, acquisitions, sales, divestitures and private capital solutions. Sagent’s clients include leading domestic and multi-national corporations, middle market and emerging growth companies, private equity sponsors and family-owned and entrepreneur-led businesses. Sagent has completed nearly 200 transactions exceeding $60 billion in aggregate value across a broad range of industries and transactions types. Sagent provides broad industry and execution expertise through its three offices in New York, Chicago and Tysons Corner.
About Signal Hill Signal Hill LLC, along with its affiliate Signal Hill Capital Group LLC (together, "Signal Hill"), is a leading investment banking and advisory boutique serving the M&A and private capital raising needs of growth companies and was named 2016 Boutique Technology Investment Bank of the Year by the Global M&A Network. Signal Hill LLC and Signal Hill Capital Group LLC are wholly owned subsidiaries of Signal Hill Holdings LLC. Signal Hill Holdings LLC is a wholly owned subsidiary of Daiwa Capital Markets America Holdings Inc., which is wholly owned and operated by Daiwa International Holdings Inc., a Daiwa Securities Group Inc. company. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in Technology, Media and Telecommunications (TMT) and Services. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®.