Investment bank Bryan, Garnier & Co is merging with Cartagena Capital, a technology advisory boutique headquartered in Munich, Germany.
Cartagena Capital will be renamed Bryan, Garnier & Co GmbH, and the combined entity will feature one of the largest Technology, Media and Telecommunications (TMT) investment banking teams in Europe.
The Cartagena Capital team, comprised of 28 professionals and senior industry advisors, will be fully integrated with Bryan, Garnier & Co’s investment banking team of 120 professionals. Falk Müller- Veerse, founder and Managing Partner of Cartagena Capital, will join Bryan, Garnier & Co as Partner and Member of the Corporate Finance Executive Committee. He will assume the position of Head of Bryan, Garnier & Co for Germany and the Nordic countries.
Greg Revenu, Co-Founder and Managing Partner of Bryan, Garnier & Co, says: “Falk and his team have created great expertise and track record in the Software, Mobile Technologies, Digital Media and Smart Industries arenas. This merger accelerates our objective to build the premier European investment bank that provides knowledge-driven solutions to growth-oriented clients. Cartagena deepens our technology footprint and expands our existing coverage to better meet the needs of our clients.”
“We are very excited to bring Cartagena’s profound expertise in technology and long-time relationships with the venture capital community into the Bryan, Garnier & Co organisation. We will be able to provide enhanced capabilities to our clients such as growth capital private placements, technology buyouts, IPOs, public M&A, equity underwriting and research – this will be tremendously beneficial to our clients,” says Falk Müller-Veerse, Founder and Managing Partner of Cartagena Capital.
Olivier Garnier, Founder and Managing Partner of Bryan, Garnier & Co, adds: “Bryan, Garnier & Co is an independent partnership which combines the anima of highly experienced, entrepreneur- minded investment banking professionals having an exceptional level of attention to clients, with the range of services and the expertise of a full-fledged, top-tier investment bank. Cartagena’s team culture of excellence and ambition to expand, will be a strong driver for an accelerated development of Bryan, Garnier & Co in the region.”
transaction is expected to close during the first quarter of 2016, subject to customary closing conditions. Approximately 20 3M employees that support the business are expected to join ICP Group in conjunction with the sale.
