Evercore announced an agreement to acquire Robey Warshaw, a UK-based independent advisory firm, for GBP 146 million, or USD 196 million. The consideration will be paid in two tranches, with the first in Evercore stock at closing and the second at the one-year anniversary in stock or cash.
The acquisition is expected to be accretive to Evercore's Adjusted and GAAP EPS in the first full year and thereafter. The transaction is anticipated to close at the beginning of the fourth quarter of 2025.
John S. Weinberg, Evercore’s chairman and chief executive officer, stated that Robey Warshaw brings extraordinary, long-standing relationships with leading multinational companies, strengthening Evercore's global platform. This combination is expected to elevate Evercore's position in the UK, across Europe, and globally.
Simon Robey, co-founder of Robey Warshaw, expressed excitement about the combination, noting shared commitments to client service and growth. The deal will provide Robey Warshaw's clients with greater global reach, broad product capabilities, and sector expertise.
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