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EU/Japan: Investment banks agree merger to create global M&A advisory

By  |  May 9, 2016

A Japanese investment bank has agreed a merger with a European peer to create one of the world’s largest listed M&A advisories.

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    The combination of Japan’s GCA Savvian and Altium creates a new international investment bank operating across ten countries, in cities such as London, Manchester, Tokyo, San Francisco, New York, Mumbai, Frankfurt and Tel Aviv.

    GCA Altium will have more than $185m in advisory revenues and 370 staff, including 300 M&A bankers and growth company experts.

    The companies said their merger will create the world’s seventh largest listed M&A advisory.

    Aki Watanabe, representative director of GCA Savvian Corporation, said: “By bringing together these two established companies, we are creating a new global leader in our field… This combination will increase the scale and geographic reach of the firm – positioning GCA as the pre-eminent global investment bank focused on growth companies with a particular strength in technology.”

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