Bryan Cave Leighton Paisner Advises Stifel Financial Corp. in Acquisition of Vining Sparks
International law firm Bryan Cave Leighton Paisner LLP (BCLP) advised Stifel Financial Corp. (NYSE: SF) in the acquisition of 100% of Vining Sparks and its affiliates. The transaction is expected to close in the fourth quarter of 2021.
Stifel is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities and financial services business through several wholly owned subsidiaries. Vining Sparks provides institutional fixed income brokerage, balance sheet management and underwriting services to more than 4,000 institutional clients in all 50 states, with a core focus on depository institutions, but also serving municipalities, money managers, insurance companies, trust departments and pension funds. Vining Sparks has averaged $150 billion in annual trading volume and generated average annual revenue of nearly $150 million since 2008.
More details can be found in the press release issued by Stifel.
A multidisciplinary Bryan Cave Leighton Paisner transaction team led by St. Louis Managing Partner Ryan Davis advised Stifel on the acquisition.
This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.