Baird teams up with Brazilian bank BR Partners for European M&A expansion
US investment bank Baird, is joining forces with Brazilian bank BR Partners in a so-called strategic alliance.
The partnership is intended to increase the number of US and European mergers and acquisitions both in to and out of Brazil.
According to Baird the UK and Europe need to diversify their M&A activity away from the US as other regions become increasingly important.
The two banks have worked together in the past.
In June last year Baird and BR Partners co-advised Affinia Group on the sale of its Affinia South America business and in August, Baird advised Affinia on its sale to German-based Mann and Hummel.