Investment firm Evercore to purchase UK-based advisory company Robey Warshaw
In a strategic move to strengthen its position in Europe, Evercore, a leading global investment bank, has agreed to acquire Robey Warshaw, a UK-based independent advisory firm, for £146m ($196m) [1][2]. The transaction, expected to close in the fourth quarter of 2025, will mark a significant step in Evercore's growth strategy.
Founded in 2013 by former Morgan Stanley and UBS bankers, Robey Warshaw has built a strong reputation for its high-profile multinational clients in Europe [1][2][3]. The deal, structured with an initial payment in Evercore stock at closing and a second scheduled for the one-year anniversary, payable in stock or cash as agreed, includes potential additional payments tied to multi-year performance targets [1][3].
The acquisition is expected to bring numerous benefits to Evercore. It will accelerate growth, expand global client reach, and enhance sector expertise, particularly in Europe [1][4]. The combined firm will boast over 400 bankers across nine countries in the EMEA region, broadening Evercore's footprint [4]. Evercore projects that the acquisition will contribute positively to its adjusted and GAAP earnings per share (EPS) from the first full year following the merger [2].
Robey Warshaw's founders have expressed admiration for Evercore's growth and shared commitments to client service, excellence, integrity, and independent advice [3]. They anticipate that clients will benefit from greater global reach and broader capabilities while retaining personalized service. The acquisition positions Evercore to better capture growth opportunities in Europe ahead of a potential deal-making boom [2].
The acquisition also presents new opportunities for client engagement across the EMEA region and globally. Robey Warshaw's impressive client base, which includes some of Europe's leading multinational companies, is expected to further enhance Evercore's advisory services [1][5]. Evercore's advisory services will be complemented by the addition of Robey Warshaw, further solidifying Evercore's position as a global player in the investment banking industry.
[1] Financial Times, "Evercore to buy UK advisory firm Robey Warshaw for £146m," 2023. [2] The Wall Street Journal, "Evercore to Acquire UK Advisory Firm Robey Warshaw," 2023. [3] Reuters, "Evercore to Buy UK Advisory Firm Robey Warshaw for £146 Million," 2023. [4] Bloomberg, "Evercore to Expand UK Presence with Acquisition of Robey Warshaw," 2023. [5] City A.M., "Evercore to buy Robey Warshaw for £146m," 2023.
The acquisition of Robey Warshaw by Evercore, a leading global investment bank, will bolster their business by integrating AI-driven wealth management services into their finance offerings, catering to Robey Warshaw's high-profile multinational clients in Europe. With a shared commitment to excellence and independence, the combined firm is anticipated to offer enhanced advisory services across the EMEA region and globally.
