Citizens Financial Group wraps up acquisition of DH Capital

Rhode Island-based Citizens Financial Group has wrapped up the previously announced acquisition of private investment banking firm DH Capital.

The financial terms of the deal announced in December 2021 were not disclosed.

Based in New York City, DH Capital caters to companies in the software, internet infrastructure, and next generation IT services, and communications sectors.

Citizens Financial Group wraps up acquisition of private investment banking firm DH Capital. Photo courtesy of Kenneth C. Zirkel/Wikipedia.org.

The private investment banking firm is said to have facilitated over 200 merger and acquisition transactions, totaling nearly $35 billion in value.

Its acquisition will strengthen the corporate advisory capabilities of Citizens Financial Group.

The legal advisor for Citizens Financial Group for the deal was Willkie Farr & Gallagher, while DH Capital’s financial advisor was represented by Keefe, Bruyette & Woods, A Stifel Company, and the legal advisor was Mayer Brown LLP.