Announced
Synopsis
Rosenblatt Group, the professional services group, acquired Convex Capital, a specialist sell-side corporate finance boutique, based in Manchester, UK, for £22m. "Convex is an exciting and successful business, which shares with Rosenblatt a focus on high-margins and cash generation. Like Rosenblatt, it is an entrepreneurial company with a proven ability to create markets where none have existed. We also share a similar client base, often working with entrepreneurs. We have had the pleasure of working with Mike and the Convex team over several years and know there is a strong cultural fit between the two organisations. There is a considerable market opportunity in terms of cross-referrals of business between Rosenblatt and Convex, as well as the opportunity to expand our regional presence." Nicola Foulston, CEO, Rosenblatt.
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