Dresdner Kleinwort Wasserstein, fresh from the merger of DrKB and Wasserstein Perella, has wasted no time in expanding its US business even further.

DrKW has just purchased D'Accord, a US advisory business specialising in the structuring and placement of structured asset finance, from EPS Solutions Corporation for an undisclosed amount. The purchase was made through an auction conducted by Merrill. Two other firms competed with DrKW, according to sources close to the deal.