Guggenheim lures Greenhill's dealmakers to expand into Europe, sources say

Greenhill & Co

20/04/2023 13:55

By Andres Gonzalez
       LONDON, April 20 (Reuters) - U.S. investment bank
Guggenheim Securities will begin its European expansion by
hiring four senior bankers from Greenhill, three sources
familiar with the matter told Reuters. 
    The sources said an official statement was expected in the
coming days that would also announce the opening of an office in
London as the bank seeks to capitalise on a growing trend of
transactions in the telecommunications infrastructure industry. 
    Guggenheim already had a small group of bankers covering
European deals, one of the sources said. 
    The Wall Street bank has snapped up Greenhill & Co.'s
telecoms and digital infrastructure team, led by Jonathan Dann
and Pieter-Jan Bouten, the sources said on condition of
anonymity. 
    Investment bankers Charlie Evans and Achille Del Pizzo will
also move to Guggenheim, where the team will begin in May. 
    A spokesperson for Guggenheim declined to comment. Greenhill
did not immediately reply to a request for comment. 
    Guggenheim, which according to Refinitiv ranked 39th among
global M&A advisers in 2022, in the first quarter advised on
Pfizer Inc.'s $43 billion deal to acquire Seagen Inc.
    The new team is specialised in industries such as fiber,
data centres, satellite and telecom towers and has advised on
transactions including the buyout of Cityfibre by a consortium  
                                  of Goldman Sachs'  GS.N  West
Street Infrastructure Partners and private equity firm Antin,
the sources said. 

 (Reporting by Andres Gonzalez, editing by Barbara Lewis)
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