Investment Banking

Stifel acquires mid-market boutique Acxit Partners in European push

Acxit has a team of around 50 bankers based out of offices in Frankfurt, Zurich and Munich and has been operating since 1999

Wednesday 8 June 2022 at 07:46

Stifel headquarters in St. Louis, Missouri, USA.
Stifel headquarters in St. Louis, Missouri, USA. Photo: JHVEPhoto/Shutterstock

US investment bank Stifel has added 50 dealmakers to its ranks in Europe through the acquisition of a boutique.

The bank has bought Acxit Capital Partners, a boutique investment bank focused on the mid-market, it said in a statement, giving it extra firepower on the continent as competition has heated up on smaller deals.