Allenby Capital, a leading provider of corporate finance and broking services to smaller listed and unlisted companies, is pleased to announce the acquisition of the broking business of First Columbus Investments (“First Columbus”).
First Columbus, which is headed by Chris Crawford and Katrina Perez, is a corporate broker primarily focused on servicing UK-listed smaller companies, as well as advising private companies seeking an IPO and capital. The First Columbus team has moved into Allenby Capital’s offices and their clients will receive broking services from the enlarged Allenby Capital team.
Commenting, Nick Naylor, Chief Executive of Allenby Capital, said: “We are absolutely delighted to welcome the First Columbus team to Allenby Capital. We have known and worked closely with Chris and his colleagues in the past and the acquisition makes strategic sense on both sides. After an extremely busy 2013, in which we completed more than ten significant transactions, we have been looking to strengthen our service offering to our clients and the acquisition of First Columbus’ broking business enables us to do this. The First Columbus team has significant experience and will bring additional skills and expertise to our Equity Sales team and award winning Equity Research team.”
Chris Crawford said: “We are looking forward to working with the Allenby Capital team. It is an exciting opportunity for us all and we are confident that by joining forces we can enhance the service offering to our enlarged client base and continue to grow the combined business throughout 2014 and beyond. With the addition of the First Columbus clients the enlarged group will have approximately 50 retained clients listed on the London Stock Exchange, AIM and ISDX.”
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