Investec ups stake in Capitalmind to expand Europe M&A practice
The deal will lead to a complete merger of Investec and Capitalmind’s corporate finance groups
07 June 2023 - 09:22
Investec Bank Plc, the UK division of SA’s niche private lender and wealth manager, has acquired a majority stake in Capitalmind, one of continental Europe’s leading M&A and corporate finance advisories.
In a joint statement on Tuesday, the two firms announced they had entered into a deal that will see Investec’s stake in the business increase to about 60%, with Capitalmind’s partners retaining the remaining 40%. Upon completion of the transaction, Capitalmind will trade as Capitalmind Investec. ..
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