SOURCE: Anderson & Strudwick

Anderson & Strudwick

March 02, 2010 13:40 ET

Seymour Pierce and Anderson & Strudwick Announce Investment Banking Partnership

Anderson & Strudwick and Seymour Pierce Announce That They Have Reached an Agreement to Cooperatively Market Investment Banking Transactions in the United States and the United Kingdom

RICHMOND, VA and LONDON--(Marketwire - March 2, 2010) - Anderson & Strudwick, Inc. and Seymour Pierce, Ltd. are pleased to announce that they have reached an agreement to cooperatively market investment banking transactions in the United States and the United Kingdom.

Michael Mendelson, Managing Director for Anderson & Strudwick and head of the company's cross-border investment banking team, said, "This agreement will add additional strength to the firm's already robust international capabilities, allowing us to leverage a substantial platform for clients looking to do business in the UK and Europe." Keith Harris, Chairman of Seymour Pierce, agreed, saying, "The cooperation of Seymour Pierce and Anderson & Strudwick represents a strong step forward for both our firms, allowing each to build on the other's investment banking capabilities and expertise."

This agreement formalizes cooperation between two already strong investment banking groups, both of whom have considerable experience with cross-border transactions. The Anderson & Strudwick team's experience includes transactions on the London Stock Exchange's AIM valued in excess of $2 billion, while Seymour Pierce maintains a top ranking among AIM clients, 90 of which engage the firm for corporate brokering.

Seymour Pierce is a leading London-based investment bank and stockbroker focused on providing financial and advisory services to its clients. The company has a long-standing track record and a proven ability, whether in public markets or via private equity, offering a tailored approach to fulfill specific objectives. The firm has experience across a range of sectors and has developed a strong Equity Research team focused on the small- and mid-cap markets. It also provides research and sales services to leading investing institutions in the UK and internationally. Visit Seymour Pierce on the web at http://www.seymourpierce.com.

Anderson & Strudwick, Inc. is a full-service investment banking and wealth management firm with more than 100 personnel. The firm provides investment banking, asset management, securities brokerage, insurance products and related financial services through its highly experienced personnel and strong personal relationships with clients and investors, both in the US and internationally. The company has offices in Richmond, Charlottesville, Fredericksburg and Norfolk, VA; Charlotte, NC; Charleston and Columbia, SC; and Knoxville, TN. The firm, founded in 1948, is a member of FINRA and SIPC. Visit Anderson & Strudwick on the web at http://www.andersonstrudwick.com.

Contact Information

  • Contact Information:

    Michael E. Mendelson
    Managing Director
    Anderson & Strudwick, Inc.
    707 E. Main Street, 20th Floor
    Richmond, VA 23226
    USA
    +1-804-237-5549
    http://www.andersonstrudwick.com

    Keith Harris
    Chairman
    Seymour Pierce, Ltd.
    20 Old Bailey
    London, England EC4M 7EN
    UK
    + 44 020 7107 8000
    http://www.seymourpierce.com