Elian has formally completed its acquisition of SFM Europe.
Merging Elian's existing International Finance team and the SFM Europe team, the combined service line will be made up of more than 150 employees, and it will be led by SFM Europe CEO, Robert Berry.
SFM Europe offers services for the management of securitisations, structured finance and asset finance to global banks, investment managers and blue chip corporates. The completion of this acquisition significantly bolsters and expands Elian’s international finance offering.
The deal, which was announced in September, brings Elian’s head count to 640 employees and increases its geographical spread to 16 jurisdictions.
It brings a significantly increased presence across continental Europe, including the key European financial markets of Amsterdam, Dublin, Frankfurt, Lisbon, London, Luxembourg, Madrid, and Milan.
Elian’s CEO, Paul Willing, said: "Elian launched its new brand just over a year ago with an acquisition strategy that will give us critical mass in important new markets. The SFM Europe acquisition fits perfectly with our growth strategy and will enable us to continue our commitment to excellent client service by providing a wider range of services in more jurisdictions.
"We are now integrating SFM Europe with the wider Elian business and are excited to offer clients our boosted international finance offering."
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