Stifel Financial (SF) to Acquire Vining Sparks

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Stifel to Acquire Vining Sparks

September 29, 2021 9:00 AM EDT

ST. LOUIS, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has entered into a definitive agreement to acquire 100% of Vining Sparks and its affiliates (Vining Sparks). Terms of the transaction, which is expected to close in the fourth quarter of 2021, were not disclosed.       

Established in 1981 and headquartered in Memphis, Tennessee, Vining Sparks has approximately 275 employees in 13 offices throughout the United States. The firm provides institutional fixed income brokerage, balance sheet management and underwriting services to more than 4,000 institutional clients in all 50 states, with a core focus on depository... More