Janney Montgomery Scott completed the acquisition of TM Capital.

Janney Montgomery Scott, a full-service wealth management, capital markets, and asset management firm, completed the acquisition of TM Capital, a premier middle-market investment firm. Financial terms were not disclosed. “We’re thrilled to join forces with Janney, a firm that shares our cornerstone values and vision. Janney brings us immediate scale and important resources to further enhance our client relationships. Together, we offer a more diverse set of products and services across a combined eight industry verticals in which we have proven domain expertise. We’re looking forward to exceeding expectations and achieving new levels of success as part of the Janney team,” James Grien, TM Capital President and CEO.