Stifel Financial to Acquire Finance 500 and CB Resource

Stifel Financial to Acquire Portion of B. Riley Wealth Management Business

November 1, 2024

Wealth Management

B. Riley Financial has signed a definitive agreement to sell a portion of its traditional (W-2) wealth management business to Stifel Financial for an estimated $27 million to $35 million in cash. Approximately 40 to 50 independent advisors (and related customer accounts with $3.5 billion to $4.5 billion in AUM) are expected to transition to Stifel in early 2025, subject to regulatory approvals and closing conditions.

CI Financial Corp. Acquires Majority Interest in Stavis & Cohen Financial LLC

November 3, 2020

Financial Services

CI Financial Corp. will acquire a majority interest in Houston-based registered investment advisor Stavis & Cohen Financial LLC, which manages approximately US$570 million in assets. The deal expands CI's U.S. wealth platform (raising U.S. assets to about US$13 billion and North American wealth assets to ~US$59 billion) and is expected to close prior to year-end; terms were not disclosed.

Stifel Financial to Acquire Bryan, Garnier & Co

January 7, 2025

Financial Services

Stifel Financial has agreed to acquire Bryan, Garnier & Co., an independent full-service investment bank focused on European technology and healthcare companies. Financial terms were undisclosed, and the deal is positioned as a complementary expansion of Stifel’s global advisory capabilities and vertical focus.

Republic Bancorp Acquires CBank (and subsidiary Commercial Industrial Finance)

October 27, 2022

Financial Services

Republic Bancorp, Inc. agreed to acquire Cincinnati-based CBank and its wholly owned leasing subsidiary, Commercial Industrial Finance, Inc. (CIF), in an all-cash merger valued at approximately $51 million. The deal expands Republic Bank's Cincinnati footprint and significantly broadens its equipment leasing capabilities and national leasing footprint; the transaction closed after customary approvals and integration planning.

Stellex Capital and Communify Acquire Fincentric from S&P Global

August 15, 2024

Data & Analytics

Stellex Capital Management, in partnership with Communify, has acquired Fincentric (formerly Markit On Demand/Markit Digital) from S&P Global. The deal is a divestiture by S&P Global; financial terms were not disclosed and local closings are expected to complete across certain jurisdictions through 2024 into H1 2025.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.