Financial firm Evercore to acquire Robey Warshaw in a deal worth $196 million.
Evercore, a leading independent investment bank, has announced its acquisition of Robey Warshaw, a prominent UK-based advisory firm. This strategic move is set to significantly boost Evercore’s presence in the UK and across the European, Middle Eastern, and African (EMEA) region [1][3][4].
Founded in 2013, Robey Warshaw has built a reputation as a trusted advisor to some of Europe’s most prominent multinational companies. The acquisition, valued at approximately $196 million (GBP 146 million), will be paid in two tranches, with the first payment in Evercore stock at closing, and the second payment at the one-year anniversary. There is also potential for additional performance-based consideration [1][2][3].
The deal is expected to close in early Q4 2025 and is anticipated to be accretive to both adjusted and GAAP earnings per share in the first full year post-acquisition [1][3][5]. For shareholders, the acquisition promises to enhance value by accelerating growth, expanding Evercore’s global client base, and improving profitability from year one onwards [1][3][5].
The combination of Evercore and Robey Warshaw is described as a big step forward for Evercore, elevating the firm further in the UK, across Europe, and globally. Robey Warshaw’s deep relationships and proven advisory excellence will complement Evercore’s global platform, further supporting clients across geographies with the highest level of service and expertise [1][3][5].
Matthew Lindsey-Clark, co-head of Evercore's EMEA Investment Banking business, highlighted that Robey Warshaw is highly respected and their team is highly complementary to Evercore’s. The addition of Robey Warshaw is expected to accelerate Evercore’s growth strategy, enhancing its market position in the UK and opening further significant client opportunities across the EMEA region and globally [1][3][4].
Simon Warshaw, co-founder of Robey Warshaw, expressed his excitement for the future of the combined firm, stating that the combination with Evercore is an excellent fit and creates an outstanding opportunity to provide more to their clients. Simon Robey, his co-founder, expressed admiration for the way Evercore has grown its business and stated that Evercore is the right home for all of them [1][3][5].
Evercore’s founder, Roger C. Altman, stated that the firm has become the third largest investment banking advisory firm in the world, as ranked by revenue. With the addition of Robey Warshaw, Evercore is poised to increase its market share in the region significantly, holding around 3.3% market share, ranked No. 13 in Europe [3][5].
Robey Warshaw’s clients will continue to receive personal attention and care, and they will also benefit from greater global reach, broad product capabilities, and sector expertise. The strategic significance of this acquisition centers on strengthening Evercore’s UK and European M&A advisory market position, expanding client reach globally, accelerating earnings growth and shareholder value, and enhancing service capabilities [1][3][5].
[1] The Wall Street Journal [2] Bloomberg [3] Financial Times [4] Reuters [5] City A.M.
The acquisition of Robey Warshaw by Evercore, a leading investment bank, offers an opportunity to enhance business value for shareholders by accelerating growth, expanding the global client base, and improving profitability from the first year onwards. This strategic move also strengthens Evercore's UK and European M&A advisory market position, expands client reach globally, and elevates the firm further in the UK, across Europe, and globally.
