French private bank Oddo & Cie and financial advisory firm Messier Maris & Associes (MMA) have formed a joint venture that will be active on equity capital markets.
Oddo said it will benefit from MMA’s access to the executive leaders of leading French businesses, and of the SBF 120, as well as to main French private equity funds.
While MA will gain access to Oddo’s research and structuring expertise such as its distribution platform, allowing it to advise and participate in its clients’ equity and bond emission transactions.
The JV will initially focus on France, followed by Germany. The companies also said that the alliance will not affect their ownership structure.
“This is a partnership between two fast-growing independent companies whose businesses dovetail well. French and international clients will, as a result, enjoy a wider and more efficient suite of consulting and execution services, ranging from strategy to corporate finance,” Oddo said.