Broadview, the US-based technology mergers and acquisitions adviser and private equity investor, has played down speculation that it is up for sale, despite reports that it is actively seeking a buyer and using Lazard for advice.
A spokesman for Broadview said: "As one of the last remaining independent investment banks, we periodically receive inquiries from other parties, which sometimes leads to industry speculation. Our policy is not to respond to rumours. Broadview remains deeply committed to its clients and employees, and we look forward to the continuing success of the firm under its current structure."
