M&A Deal Summary

Stifel Financial Acquires ACXIT

On June 7, 2022, Stifel Financial acquired financial services company ACXIT

Acquisition Highlights
  • This is Stifel Financial’s 9th transaction in the Financial Services sector.
  • This is Stifel Financial’s 1st transaction in Germany.

M&A Deal Summary

Date 2022-06-07
Target ACXIT
Sector Financial Services
Buyer(s) Stifel Financial
Deal Type Add-on Acquisition

Target

ACXIT

Frankfurt, Germany
ACXIT is an independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. ACXIT was founded in 1999 and is based in Frankfurt, Germany.

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Buyer(S) 1

Buyer

Stifel Financial

St. Louis, Missouri, United States

Category Company
Founded 1890
Sector Financial Services
Employees8,887
Revenue 4.9B USD (2024)
DESCRIPTION

Stifel Financial is a financial services holding company that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel Financial was founded in 1890 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 10 of 14
Sector: Financial Services M&A 9 of 12
Type: Add-on Acquisition M&A Deals 10 of 13
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 Vining Sparks

Memphis, Tennessee, United States

Vining Sparks is a provider of an institutional fixed income brokerage, balance sheet management and underwriting services to more than 4,000 institutional clients in all 50 states, with a core focus on depository institutions, but also serving municipalities, money managers, insurance companies, trust departments and pension funds. Vining Sparks was founded in 1981 and is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-22 Torreya

New York, New York, United States

Torreya is an investment banking boutique serving companies in the life sciences industry. The company's partners are senior industry bankers and executives, with deep experience, knowledge, and networks. It provides knowledgeable advice on M&A, pharmaceutical asset sale, capital markets, and licensing transactions. Torreya is based in New York, New York.

Buy -