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New Deal


Announced

Freedom Holding to acquire Maxim Group for $400m.

Financials

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Transaction Value£331m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

United States

Investment Banking

Acquisition

Pending

Friendly

Domestic

investment bank

Single Bidder

Synopsis

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Freedom Holding, a diversified multi-national financial services firm, agreed to acquire Maxim Group, a full-service investment bank, for $400m. "We are committed to growing our global footprint, and we recognize that having a significant U.S. presence is an important part of this strategy. Adding Maxim to our group as a trusted partner through this cornerstone transaction will turbocharge our growth as we continue to expand our U.S. operations," Timur Turlov, Freedom Holding CEO.

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