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Stifel To Acquire Vining Sparks

Sep 29, 2021•about 4 years ago

Acquiring Company

Stifel Financial

Acquired Company

Vining Sparks

St. LouisFinanceFinancial ServicesLending And InvestmentsFinancial Services

Description

Stifel Financial Corp. (NYSE: SF) today announced it has entered into a definitive agreement to acquire 100% of Vining Sparks and its affiliates (“Vining Sparks”). Terms of the transaction, which is expected to close in the fourth quarter of 2021, were not disclosed.

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