Capstone Partners completed the acquisition of TM Capital from Janney Montgomery Scott.

Capstone Partners, a full service middle market investment bank, completed the acquisition of TM Capital, an independent investment bank with offices in New York City, Atlanta and Boston, from Janney Montgomery Scott, an investment banking company. Financial terms were not disclosed. TM Capital brings Capstone a cohort of highly valued private equity clients, new industry and sector coverage areas, a broader geographic reach, and enhanced market presence.