Sawaya Partners Special Milestone Announcement
Dec. 21, 2021
Dear valued clients and friends,
We are very excited to share the news that we have entered into a definitive agreement to combine with Canaccord Genuity Group Inc. (TSX:CF) (“CG”), a leading independent, full-service financial services firm with a global presence and operations in two principal segments: Capital Markets and Wealth Management.
When we founded the firm in a modest office 20 years ago, we only dreamed about creating a brand of investment banking that would one day be recognized as one of the leaders in the consumer space. Today, that dream is a reality: 2021 will end as a record year for the firm, we have the highest performing team, our growing client base spans the world and our “Invested Banking” credo anchors and inspires us every day.
We recently celebrated our 20th anniversary with an event in New York where we had an opportunity to acknowledge and give thanks to all who helped us get to where we are. That evening we said the journey would continue. And so it does!
In Canaccord Genuity, we have found an ideal partner. Our two firms are an excellent cultural fit, as both share an unwavering entrepreneurial spirit, a partnership mentality, a dedication to client service, and a longstanding commitment to sector expertise.
Our complementary combination leverages Canaccord Genuity’s global mergers & acquisitions advisory, investment banking and capital markets capabilities with our firm’s deep sector expertise in the Consumer market. The combination will help further scale Canaccord Genuity’s growing mergers & acquisitions advisory practice and enhances its private equity and strategic relationships across our key segments.
Our leading franchise will become the cornerstone of Canaccord Genuity ’s Consumer vertical. To ensure a seamless transition of our clients and employees, our firm’s leadership will be well represented in the combination: Fuad Sawaya will join CG’s U.S. Operating Committee and become Vice Chairman – Consumer and Global Head of CG’s Consumer Investment Banking practice. Jeff Kuhr and Slava Leykind will become Co-Heads of the U.S. Consumer Investment Banking group. All our existing employees will continue in the combined entity. We will operate from the same location in New York City and our Sawaya Partners brand will co-exist with Canaccord Genuity’s brand for the foreseeable future.
We look forward to telling you more about the exciting opportunities ahead as we transition to the new partnership with Canaccord Genuity.
In the meantime, we wish you all a Happy and Healthy Holiday Season.
Canaccord Genuity Announcement