Nomura Holdings Inc. is acquiring U.S.-based boutique investment banking company Greentech Capital Advisors LP.
Following the acquisition, Greentech Capital Advisors will be rebranded as Nomura Greentech and form part of the group's Americas investment banking franchise, according to a Dec. 12 release.
Greentech Capital Advisors is a financial and strategic advisor in sustainable technology and infrastructure. Nomura said the acquisition will give its clients wider access to deep domain expertise and relationships in such areas, while offering Greentech Capital Advisors a broader suite of product capabilities, global reach and direct access to Asian markets.
The transaction, which is subject to certain conditions, including relevant regulatory approvals, is expected to be completed by March 31, 2020.