Scoreboard

Jun 2, 2016

Bank of Montreal acquires U.S. firm as it aims to grow M&A business

Bank of Montreal says it expects to grow its U.S. mergers and acquisitions business through the purchase of a Minneapolis-based advisory firm, which will become part of BMO Capital Markets.

Bank of Montreal

Security Not Found

The stock symbol {{StockChart.Ric}} does not exist

See Full Stock Page »

TORONTO -- Bank of Montreal (BMO.TO) says it expects to grow its U.S. mergers and acquisitions business through the purchase of a Minneapolis-based advisory firm, which will become part of BMO Capital Markets.

The bank says it has a definitive agreement to acquire Green Holcomb Fisher, a boutique M&A advisory firm.   

BMO says the financial terms aren't being made public. The deal requires regulatory approvals and is expected to close by the bank's fiscal fourth quarter ending Oct. 31.

Bank of Montreal says Green Holcomb Fisher will complement its existing U.S. mergers and acquisitions practice and double the number of M&A transactions it handles in the United States.

Besides its head office in Minneapolis, Green Holcomb Fisher has offices in Seattle and Atlanta.