Fenchurch Advisory Partners, a London-based investment bank, is set to merge with US advisory firm Broadhaven Capital Partners, creating a stronger transatlantic dealmaking platform. The combined entity will operate under the Broadhaven name, with Fenchurch's leadership taking key roles.
Strategic Rationale
The merger aims to capitalize on growing cross-border M&A activity between Europe and North America. Fenchurch, founded in 2013, specializes in financial services and fintech, while Broadhaven focuses on technology, healthcare, and business services. The deal is expected to close in the second quarter of 2025.
Leadership and Structure
Fenchurch CEO John M. will become co-CEO of the combined firm, alongside Broadhaven's CEO. The merger will bring together approximately 60 professionals across offices in London, New York, and San Francisco.
- Deal Terms: Financial terms were not disclosed, but the merger is structured as a stock transaction.
- Client Impact: Clients will benefit from expanded sector coverage and deeper capital markets access.
- Regulatory Approval: The merger is subject to customary regulatory approvals.
Market Context
The consolidation comes amid a recovery in global M&A, with deal volumes up 15% year-on-year in 2024. Mid-market advisory firms are increasingly merging to compete with larger players. Fenchurch and Broadhaven expect the combined firm to advise on more than $20 billion in transactions annually.
"This merger creates a premier middle-market advisory platform with true transatlantic capabilities," said John M. "Our clients will benefit from enhanced expertise and reach."
