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FBR Capital Markets Completes Watch Hill Partners Acquisition

Watch Hill Partners team is now part of FBR Capital Markets' Investment Banking department

FBR Capital Markets has completed its previously announced acquisition of New York-based Watch Hill Partners, a boutique corporate finance advisory practice.

Reportedly, the Watch Hill Partners team is now part of FBR Capital Markets’ investment banking department. Watch Hill Partners was represented by Keefe, Bruyette & Woods and Herrick, Feinstein. However, the terms of the Watch Hill Partners transaction were not disclosed.

FBR Capital Markets is a Washington-based provider of investment banking, merger and acquisition advisory, institutional brokerage and research services through its subsidiary FBR Capital Markets & Co.