Canaccord Genuity will buy M&A advisory firm Sawaya Partners

Chicago, Dec. 21 – Canaccord Genuity Group Inc. is buying the M&A advisory firm Sawaya Partners, according to a press release.

Sawaya Partners advises the consumer sector and is based in New York.

Founder and managing partner Fuad Sawaya will join Canaccord Genuity’s U.S. operating committee and become vice chairman – consumer and global head of Canaccord Genuity’s consumer investment banking practice.

Partners Jeff Kuhr and Slava Leykind will become co-heads of the U.S. consumer investment banking group. All existing employees of Sawaya Partners will continue with the U.S. capital markets business.

“This transaction presents a tremendous opportunity to expand our reach, while leveraging CG's extensive global footprint and capital markets capabilities to provide enhanced opportunities for our corporate and sponsor clients,” Fuad Sawaya stated in the press release.

Keefe Bruyette & Woods is acting as financial adviser and Mayer Brown LLP is acting as legal adviser to Sawaya Partners. Debevoise & Plimpton LLP is providing legal advice to Canaccord Genuity.

The acquisition is expected to close at the end of calendar 2021, subject to customary closing conditions.

Canaccord Genuity is an independent financial services company based in Toronto.

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