Baird, an employee-owned international financial services firm, and Axis Capital, the investment banking subsidiary of Axis Bank, have formed an alliance for investment banking services, with an initial focus on cross-border mergers and acquisitions between India and Europe, and India and the US.
Through the alliance, the two investment banks will enhance their respective M&A offerings by leveraging each bank’s knowledge of M&A and capital markets and specific industry sectors, as well as their deep corporate relationships within those sectors.
The alliance between Baird and Axis Capital is on an exclusive basis. While the initial focus is cross-border M&A, the relationship between the two banks also encompasses other investment banking engagements, subject to necessary regulatory approvals, such as public offerings in the US and private placements of equity.
