Digg icon reddit icon Stumbleupon icon
Print Email     Print Edition Stories

Tuesday, May 26, 2009

Raymond James buys investment bank Lane Berry

By Galen Moore

Broker-dealer Raymond James Financial Inc. (NYSE: RJF) has acquired Lane Berry and Co. LLC, a middle-market investment banking and advisory firm based in Boston. Terms of the deal were not disclosed in a press release announcing the deal.

Former Donaldson, Lufkin & Jenrette managing directors Frederick C. Lane and Robert M. Berry founded Lane Berry in 2002. The firm now employs 21 investment banking professionals and has offices in Boston and Denver.

St. Peterburg, Fla.-based Raymond James said Lane has joined the firm as vice chairman of investment banking, working with Jim McDaniel and Dav Mosby, co-heads of Raymond James’ Investment Banking group.

Berry will be managing director and co-head of Raymond James’ M&A practice, focusing on middle-market M&A advisory services. Another Lane Berry senior professional, James E. Bunn, will be co-head of the firm’s Business Services practice with managing director Joe Estes.

Jeff Trocin, executive vice president of Raymond James and head of the firm’s Equity Capital Markets unit, said in a written statement the acquisition “underscores” the firm’s expansion of its investment banking platform.

 

Digg icon reddit icon Stumbleupon icon
Contact Editor Latest News

Comments

Please Login/Register to post comments.

No comments have been added or approved.

On the MHT blog now

Flagsuit wins another NASA Astronaut Glove Challenge

Southwest Harbor, Maine's Peter Homer won $450,000 in NASA's Astronaut Glove Challenge yesterday. This is Homer's second time winning the contest. Homer's first win in 2007 launched his startup, Flagsuit. Flagsuit is developing pressure suits using the same technology as Homer's prizewinning gloves -- for use as a wearable substitute for hyperbaric chambers used to treat conditions such as ...

Read More

Boston University - MS MBA
Most Popular Stories
EmailedViewed
Stay Informed
Check which newsletter you'd like to receive.
TechFlash (Daily)
FinanceFlash (Daily)
BioFlash (Daily)
GreenFlash (Weekly)
Startup Report (Weekly)
Breaking news, MHT events, local announcements
RSS feeds
Your email:

Affiliate publications: ACBJ.com, Boston Business Journal, Bizjournals.com, Portfolio.com, Wired.com

Web Site Developed by Neptune Web, Inc.

Use of, registration on, this site constitutes acceptance of our User Agreement. Please read our Privacy Policy (updated) A publishing partner with Portfolio