Stifel Financial Acquires Miller Buckfire
Stifel Financial and Miller Buckfire announced an agreement whereby Stifel has acquired 100% of Miller Buckfire, effective immediately.
“Ken Buckfire and his team comprise the preeminent franchise in restructuring advisory, and we are excited that Miller Buckfire is now a full partner of Stifel,” said Ronald J. Kruszewski, chairman, president, and CEO of Stifel Financial. “We have been very pleased with the success of our strategic alliance. The decision to combine presented the logical next step following our initial investment a year and a half ago.”
“Through our combination with Stifel, we are confident we have the right platform from which we can continue to provide our clients with intelligent and creative restructuring advice to companies with unique financial challenges,” said Kenneth A. Buckfire, chief executive officer of Miller Buckfire. “Operating as part of Stifel will further enable us to provide a full range of capital markets solutions to our clients. My partners and I look forward with great optimism as we enter this new combination with Stifel.”
St. Louis, MO-based Stifel Financial is a financial services holding company that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
New York, NY-based Miller Buckfire delivers strategic advice on complex financial issues including capital raising through the public markets or in privately-placed equity or debt transactions, restructuring, divestitures, acquisitions and defense assignments.