Clearwater UK

KeyCorp, a prominent US investment bank, has successfully acquired Clearwater UK, a leading corporate finance advisory firm based in Manchester, to expand its investment banking and corporate finance operations.

Summary of transaction details:

• Value: Not disclosed
• Sector: Business Services (Corporate Finance Advisory)
• Advisor: Not specified
• Key Entities: Target - Clearwater UK; Acquirer - KeyCorp
• Location: UK (Target based in Manchester)

Note: This acquisition marks the culmination of a ten-year partnership between Clearwater and KeyCorp, signifying KeyCorp's strategic move to deepen its footprint in the UK's corporate finance market and enhance its advisory services.