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Stifel Financial Acquires North Atlantic Capital’s Long term Enterprise Financial commitment Company NYSE:SF

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ST. LOUIS and PORTLAND, Maine, Feb. 19, 2021 (Globe NEWSWIRE) — Stifel Money (NYSE: SF) these days declared an settlement to receive the foreseeable future company of North Atlantic Capital Corporation, centered in Portland, Maine. The acquisition additional positions Stifel as an lively supervisor of smaller small business expense firms (“SBIC”) and of venture cash (“VC”) resources. In addition to the acquisition, Stifel has manufactured a money determination to invest in the following North Atlantic SBIC. North Atlantic has been re-branded North Atlantic Money – a Stifel Firm.

The transaction provides together two pretty complimentary companies. The North Atlantic investment technique, which is centered on substantial progress engineering companies, aligns effectively with Stifel’s nationally acknowledged experience in institutional investigate and financial investment banking products and services. North Atlantic portfolio corporations will now have prepared access to the sizeable array of Stifel methods to support their progress and good results.

“We are pleased to come across a lover with a solid investment decision keep track of report and an seasoned group that suits effectively in our culture,” reported Victor Nesi, Stifel Economical Co-President and Head of the Stifel Institutional Group. “Our strategy is to leverage North Atlantic’s deep knowing of the venture capital marketplaces to help us establish out a robust expert services offering for privately held, substantial-advancement technology enterprises.”

“The venture cash markets have progressed noticeably in sizing and sophistication over the 35 decades considering that North Atlantic was shaped in 1986,” commented David Coit, North Atlantic Co-Founder and Running Director. “North Atlantic has been an early adopter of industry improvements, which include our recent structured capital, combining aspects of extended term credit card debt and fairness devices tailor-made to meet our portfolio companies’ needs. We look forward to leveraging Stifel means to determine new and innovative techniques to supporting advancement technological know-how providers in the upcoming.”

North Atlantic Running Director Mark J. Morrissette included, “Stifel provides a wealth of sources to guidance the potential advancement of North Atlantic. By leveraging Stifel’s strengths in financial commitment banking, institutional investigation, and venture lending, we see a significant option to bolster North Atlantic’s competitive placement in the enterprise money marketplace.”

Stifel Firm Facts
Stifel Fiscal Corp. (NYSE: SF) is a fiscal products and services holding organization headquartered in St. Louis, Missouri, that conducts its banking, securities, and economic services enterprise through a number of wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States as a result of Stifel, Nicolaus & Company, Incorporated, including its Eaton Associates business enterprise division Keefe, Bruyette & Woods, Inc. Miller Buckfire & Co., LLC and Century Securities Associates, Inc. The Company’s broker-supplier affiliate marketers provide securities brokerage, investment banking, investing, investment advisory, and relevant economic products and services to unique investors, expert dollars administrators, businesses, and municipalities. Stifel Bank and Stifel Lender & Rely on offer you a entire vary of customer and commercial lending alternatives. Stifel Have confidence in Business, N.A. and Stifel Have faith in Business Delaware, N.A. supply believe in and similar expert services. To study more about Stifel, you should go to the Company’s web page at www.stifel.com. For global disclosures, be sure to pay a visit to https://www.stifel.com/investor-relations/press-releases.

North Atlantic Funds – a Stifel Corporation Information and facts
North Atlantic Capital is a Portland, Maine, dependent venture money management company with a prolonged historical past of investing in privately held, superior-growth engineering corporations. Considering the fact that its inception, North Atlantic has invested in over 100 businesses during the continental United States, which includes early-stage investments in Maine based WEX (NYSE: WEX) and IDEXX (Nasdaq: IDXX). North Atlantic usually invests in a vast range of financing structures, which includes subordinated credit card debt with warrants, preferred stock and popular fairness. North Atlantic has substantial working experience in top transactions as nicely as partnering with other venture funds and private equity companies. To master additional about North Atlantic, remember to take a look at the Company’s web-site at www.northatlanticcapital.com.

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Neil Shapiro, (212) 271-3447
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