KEYCORP /NEW/ acquired Cain Brothers & Company, LLC, a transaction completed in October 2017.
Cain Brothers & Company, LLC operates in KeyBanc Capital Markets / healthcare investment banking, is based in New York City, New York. On October 2, 2017, KeyBanc Capital Markets (KBCM) acquired all outstanding interests in Cain Brothers, a healthcare-focused investment banking and public finance firm headquartered in New York City. Cain Brothers is recognized as a leading middle-market healthcare M&A advisory and financing firm serving for-profit and not-for-profit healthcare organizations.
This acquisition expanded KBCM's investment banking group in the healthcare vertical by adding distinctive capabilities and broadening KBCM's existing healthcare investment banking network.
Specialized, well-recognized healthcare investment-banking and public-finance expertise that complemented KBCM's existing healthcare network. Operates as Cain Brothers, a division of KeyBanc Capital Markets, within KBCM's healthcare vertical (~100 employees joined).
Advisory firms were not disclosed for this transaction.