Boutique investment banks Evercore and Lexicon merge

Evercore Partners acquires Lexicon Partners in a deal that brings together the established Americas franchise of the former with a strong European presence of the latter.

Boutique investment banks Evercore and Lexicon merge
Roger Altman, Evercore

Evercore Partners has bought Lexicon Partners for 86 million $141 million in cash plus Evercore shares.

The deal brings together two boutique investment banks with strengths on different continents. Evercore, which has ranked first among boutique banks based on global MA volumes since 2000, has 12 offices worldwide, of which six are in the US and four in Latin America.

Evercore founder and chairman Roger Altman started his investment banking career...

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