Mega-deals help boutique investment bank Robey Warshaw nearly double revenue and profits

 
William Turvill
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Robey Warshaw was founded by Sir Simon Robey and Simon Warshaw in 2013

Megabrew, the London Stock Exchange-Deutsche Boerse merger and Royal Dutch Shell's takeover of BG Group helped boutique investment bank Robey Warshaw nearly double its profits and revenue last year.

In the year to 31 March 2016, the company reported a turnover of £43.3m, up from £23.9m the year before.

Profits increased from £19.4m to £36.6m.

Read more: LSE and Deutsche Boerse: Behind the deal

Robey Warshaw was founded by veteran investment bankers Sir Simon Robey and Simon Warshaw in 2013.

It has around 15 staff, including partners Robey, Warshaw and chief operating officer Philip Apostolides.

Contributing to its latest financial figures were fees from advising energy firm BG Group on its takeover by Shell.

Read more: US boutique banks announce merger

Robey Warshaw also advised SABMiller, which was taken over by AB InBev in £79bn megabrew deal.

In addition, the bank is advising the London Stock Exchange on its £21bn merger with Deutsche Boerse, which was announced during the period and so would have contributed to the revenue.

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