Investec Bank is increasing its holding in Capitalmind, a European M&A and corporate finance advisory firm, to approximately 60%, with Capitalmind’s Partners retaining the remaining 40%. Following completion of the transaction, Capitalmind will trade as Capitalmind Investec.
The deal allows Investec and Capitalmind to fully integrate their M&A and corporate finance teams under one common umbrella, and creates an M&A Group that provides clients with access to the major developed markets of Europe and North America, as well as important emerging markets in Asia and Africa. It also sees Capitalmind’s senior practitioners continuing their involvement in day-to-day client activity and transaction execution.
Investec and Capitalmind first established an international advisory partnership in 2018, and in 2021 Investec acquired a 30% interest in Capitalmind. The Investec Group has advisory teams based in United Kingdom, India and South Africa, while Capitalmind joins Investec’s advisory business to most of Western Europe, and in particular to Benelux, France, Germany, the Nordics and Switzerland. Jointly, Investec and Capitalmind have had an exclusive partnership in the USA since 2020 with Regions Securities LLC (and subsidiaries BlackArch and Clearsight).
From the perspective of business sectors, Investec’s areas of focus with respect to advisory largely mirror those of Capitalmind. These include, inter alia, business services, consumer, energy, financial services, food & agriculture, healthcare, industrials, infrastructure and TMT. In addition, both Investec and Capitalmind have very active private equity sponsor coverage practices.
