Stifel completes acquisition of the Capital Markets Business of GMP Capital Inc

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Stifel Financial Corp today announced that it has completed the acquisition of substantially all of the capital markets business of GMP Capital Inc, an independent investment banking franchise based in Canada.

“We are building a premier investment bank focused on the middle market and this is yet another extension of executing on that strategy,” said Ronald J. Kruszewski, Chairman and CEO of Stifel.

“The addition of GMP’s talented individuals expands our global business model into the vibrant Canadian market with a focus on technology, healthcare, cannabis, and energy verticals. We are excited to welcome Harris Fricker and his team to Stifel.”

Founded in 1995, GMP’s capital markets business offers corporate clients and institutional investors a broad range of investment banking services, including equity capital raising, mergers & acquisitions expertise, institutional sales and trading and research services through offices in Canada and the United Kingdom.

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