Banking & Finance  August 12, 2019

Stifel to acquire George K. Baum & Co.

By

Stifel Financial Corp. (NYSE: SF), headquartered in St. Louis, Missouri, will buy George K. Baum & Co., a 91-year old privately held investment banking firm based in Kansas City, Missouri, to create the nation’s largest public finance platform.

Both companies have operations in Denver, and Stifel operates a location in Greeley.

“This transaction brings GKB’s nationally recognized municipal securities business to Stifel and further strengthens Stifel’s ability to provide top tier service to municipal issuer clients and non-profit borrowers,” Ronald J. Kruszewski, CEO of Stifel, said in a written statement about the acquisition. “Further, GKB’s regional…

Related Posts

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Categories: Banking & Finance Greeley Industry News M&A Sunday Weekly Today's News
Sign up for BizWest Daily Alerts