Mediobanca completed the acquisition of 66% stake in Messier Maris & Associes for $119m.

Mediobanca, an Italian investment bank, completed the acquisition of a 66% stake in MMA, an advisory house serving large to medium-sized corporates as well as a wide range of financial sponsors, for $119m. "The recognition of our brand name, Messier Maris et Associés, will remain. Our ability to fully manage our team based on our deep knowledge of our industry and of our success factors. Although we had always thought of our future as an independent house, when Alberto Nagel approached us and shared his vision for Mediobanca, we quickly recognised that not only did we share the same values of excellence, discretion, long-term bias in client-relationships, but that coupled with Mediobanca’s unique strength in Italy and the Iberic Peninsula, we could create a fantastic platform to serve our clients in those key European markets, and beyond," Jean Marie Messier and Erik Maris, MMA Founders.