UBS has appointed Fabrice Fabre as head of its mergers and acquisitions (M&A) team in France, as the Swiss bank seeks to strengthen its dealmaking capabilities in the region.
Fabre's background and role
Fabre joins from boutique advisory firm Messier & Associés, where he was a partner. He has over two decades of experience in M&A, including senior roles at Rothschild & Co and BNP Paribas. At UBS, he will report to Jean-Pierre Mustier, the bank's head of investment banking for France, and will work closely with the global M&A team.
Strategic move for UBS
The hire comes as UBS aims to increase its market share in French M&A, a competitive landscape dominated by local players and global banks. According to a source familiar with the matter, UBS has been looking to bolster its advisory presence in France, particularly in sectors such as technology, healthcare, and consumer goods.
"Fabrice brings deep expertise and a strong network that will be instrumental in advancing our ambitions in France," said Mustier in a statement. "We are committed to investing in our M&A capabilities to better serve our clients."
Market context
French M&A activity has been subdued in recent years due to political uncertainty and economic headwinds, but deal volumes are expected to pick up as companies seek growth through acquisitions. UBS's move signals confidence in the market's recovery.
Fabre's appointment is effective immediately. He will be based in Paris and will lead a team of about 10 bankers.
