Rothschild & Co, a multinational investment bank and financial services company, agreed to acquire the UK business of Livingstone, an international mid-market M&A, and debt advisory firm. Financial terms were not disclosed. The acquisition of Livingstone in the UK comes as the bank has sought to take advantage of the shake-up in the City caused by Mifid II, the pan-European regulations introduced last year that have overhauled the economics of trading and research services. “This is an opportunity to materially grow an already successful UK business through access to Rothschild & Co's strong sector expertise and global reach via our network of over 50 offices in more than 40 countries. Through our platform, we will be helping Livingstone clients who are predominantly UK private and family-owned companies, entrepreneurs, and private equity-owned businesses in the lower mid-market segment to achieve their growth ambitions.” Alex Midgen, Rothschild Partner and Co-Head of UK Global Advisory.