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Evercore to Acquire Robey Warshaw, a Leading UK-Based Independent Advisory Firm

1. Evercore to acquire Robey Warshaw for USD 196 million. 2. The deal enhances Evercore's advisory capabilities in Europe.

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$310.2507/31 07:25 AM EDTLatest Updated
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FAQ

Why Bullish?

Acquisition of a reputable firm could strengthen revenue streams, similar to past successful acquisitions boosting valuation.

How important is it?

The acquisition aligns with strategic growth plans, likely attracting new clients and increasing advisory fees.

Why Long Term?

The acquisition will integrate Robey Warshaw’s operations, but full benefits will take time to materialize.

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LONDON & NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) today announced that it has entered into an agreement to acquire Robey Warshaw, a highly successful independent advisory firm headquartered in the United Kingdom. Founded in 2013, Robey Warshaw has built a reputation as a trusted advisor to some of the most prominent multinational companies in Europe and has an impressive client franchise and track record. The consideration for the transaction is GBP 146 million, or USD 196 million, payab.

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