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Stifel acquires mid-market boutique Acxit Partners in European push

Acxit has a team of around 50 bankers based out of offices in Frankfurt, Zurich and Munich and has been operating since 1999

Stifel headquarters in St. Louis, Missouri, USA.
Stifel headquarters in St. Louis, Missouri, USA. Photo: JHVEPhoto/Shutterstock

US investment bank Stifel has added 50 dealmakers to its ranks in Europe through the acquisition of a boutique.

The bank has bought Acxit Capital Partners, a boutique investment bank focused on the mid-market, it said in a statement, giving it extra firepower on the continent as competition has heated up on smaller deals.

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