Investment banking firms Redwood Capital Group and LD&A Jupiter have formed a new joint venture (JV), LD&A Redwood, in New York to offer cross-Atlantic mergers and acquisitions and corporate finance advisory services.
The new JV will concentrate on cross-Atlantic transactions from both partner firms operating in middle-market technology, media and telecommunications (TMT) sectors.
With more than 50 professionals, the new company will have a local presence throughout six US and European cities.
Commenting on the establishment of the new firm, LD&A Jupiter CEO Marc Deschamps said, "With so many potential acquirers in the USA, global reach is important for our European TMT M&A projects."
"LD&A Redwood now offers our combined European clients the best USA coverage of any European growth TMT focused investment bank while keeping deep EU coverage and the efficiency of local banking teams."
LD&A Jupiter discovers structures and executes value-creative private and public market transactions for corporations and financial investors.
With offices located in New York, Los Angeles and Geneva, Redwood Capital Group focuses on mergers & acquisitions, corporate finance, restructuring and valuation advisory services for its clients around the globe.