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A Lot of People are Going to Get Rich(er) at This Tiny Wall Street Firm

October 31, 2016

For the first 9 months of 2016, Centerview Partners, the NY-based boutique advisory firm led by Blair Effron, has hauled in more than $300Mn on M&A deals in the U.S. That was good enough for 8th in the revenue rankings, narrowly behind Credit Suisse and ahead of Jefferies, Deutsche Bank, Lazard and UBS.

 

But it only gets better. The firm is lead adviser to General Electric on its big deal with Baker Hughes – for which it stands to split between $25Mn and $35Mn with Morgan Stanley.  One week earlier, Centerview was named as an adviser on British American Tobacco's $47 billion bid for Reynolds American, and as an adviser to the board of Qualcomm on its $47 billion deal for NXP.

 

For Centerview’s 34 partners, it all works out to about $1o million in revenue per partner for the first 9 months of 2016 – not including any fees to be made on the GE, British American Tobacco and Qualcomm transactions.