Clearwater and KeyBanc Capital Markets team up to advise on mergers and acquisitions

Working together, KBCM and Clearwater International will be able to further develop the number of cross-border mergers and acquisitions (M&A) of their industrial and institutional clients in the United States, Europe and China.

Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, US, March 7, 2018. REUTERS / Brendan McDermid

Clearwater International and KeyBanc Capital Markets today announced a strategic alliance to expand M&A platforms (mergers and acquisitions).

The companies announced a strategic alliance with the aim of fostering growth in mid-market companies on a global scale. “Both companies share a similar approach to the market, based on in-depth knowledge of the industry, long-term relationships with customers and excellent execution,” reads the statement.

Clearwater International is a leading global M&A and financial consultancy in the mid-market segment, and KeyBanc Capital Markets Inc. is the investment and corporate finance arm of KeyCorp (listed on the NYSE). It is a company based in Cleveland.

Working together, KBCM and Clearwater International will be able to further develop the number of mergers and acquisitions (M&A) cross-border of its industrial and institutional customers in the United States, Europe and China. “This alliance solidifies a multi-year effort to strengthen collaboration in transactions cross-border M&A ”, say the companies.

“Clearwater International, whose number of employees totals more than 250 across Europe and China, will provide KBCM with access to a broader base of investors. KBCM contributes more than 800 professionals through a national platform of six major industrial sectors - including the health sector through the acquisition of Cain Brothers, as well as technology - to Clearwater International's global customer base, ”says the statement .

"Today marks an important step in fulfilling Clearwater's ambition to become the leading mid-market consulting firm on a global scale," said Michael Reeves, CEO of Clearwater International. “This collaborative effort allows Clearwater enhanced access to North America and KBCM will be able to take full advantage of Clearwater's international industry groups and the many relationships we already have with strategic and financial investors around the world.”

"The partnership with Clearwater is an important step in expanding KBCM's M&A platform, providing enhanced access to private equity companies and funds across Europe and Asia," added Randy Paine, President of KeyCorp's Key Institutional Bank. “This collaboration represents a major step forward for both companies and will accelerate opportunities for industry teams to support their clients' ambitions.”

Clearwater International is dedicated to providing financial advice for mid-market transactions, including M&A, private equity, debt advice and restructuring services. The company completed more than 1.600 transactions with an aggregate value of more than 85 billion euros. The company has 17 offices and more than 250 employees across Europe and Asia.

KeyBanc Capital Markets is a leading investment bank in the market, providing advisory services to companies. With more than 800 professionals on a national platform, KeyBanc Capital Markets has more than 32 billion dollars of capital dedicated to clients and a research team that offers coverage to more than 600 listed companies.

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