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Global investment bank Greenhill & Co will acquire 100 per cent of independent financial advisory firm Caliburn Partnership, with the transaction expected to close in early April, the companies announced.
Caliburn, which was founded in 1999 and has a total of 40 employees and offices in Sydney and Melbourne, recorded revenue of $68 million last financial year.
The company will operate in Australia and New Zealand under the name Greenhill Caliburn and focus on delivering independent advice.
All six of Caliburn’s managing directors will join Greenhill, including chairman and co-founder Peter Hunt. Hunt has 30 years’ experience advising local and multinational companies and governments and will serve as chairman of Greenhill Caliburn.
Caliburn shares attributes with Greenhill such as a strong client focus, a global perspective and strong cost discipline, according to Hunt. “This combination positions us to serve clients better by expanding our industry sector expertise and giving us access to experienced partners in North America, Europe and Japan,” Hunt said.
