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Stifel Closes Acquisition Of Torreya Partners

Mar 01, 2023•almost 3 years ago

Acquiring Company

Stifel Financial

Acquired Company

Torreya Partners

St. LouisFinanceFinancial Services

Description

Stifel Financial Corp. (NYSE: SF) today announced the completion of its acquisition of Torreya Partners LLC (“Torreya”), further solidifying its position as a top global healthcare franchise. The Stifel Global Healthcare Group, resulting from the combination, will operate with investment banking professionals serving clients throughout North America, Europe, and Asia in a sector that demands cross-border capabilities and international reach.

Company Information

Company

Stifel Financial

Location

St. Louis, Missouri, United States

About

Stifel Financial Corp. is one of the nation’s premier full-service financial services firms, delivering a comprehensive range of brokerage, trading, investment banking, advisory, and related services to individual investors, businesses, and municipalities across more than 400 U.S. locations. Founded in 1890 and headquartered in St. Louis, Missouri, Stifel ranks as the 7th largest brokerage firm in the U.S. by number of financial advisors and is backed by award-winning equity research. Recognized as the No. 1 wealth management firm for employee advisor satisfaction in both 2023 and 2024 by J.D. Power, Stifel continues to grow through its subsidiaries, including Stifel Independent Advisors, Stifel Nicolaus Europe, Stifel Canada, and a network of banking and trust entities—all underpinned by a commitment to client service, advisor support, and long-term performance.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed