Technology and media investment specialist acquired by GCA Corporation
Stella EOC, a technology and media investment banking boutique, has been acquired by investment bank GCA Corporation.
Launched in 2001 with offices in London, Stockholm and Lausanne, Stella EOC has led on a number of significant UK deals including the £49.6m sale of the i newspaper to Daily Mail owner DMGT in November.
The deal will see Stella EOC adopt the brand of GCA’s European business, GCA Altium, and will strengthen its technology, media and and entertainment practice.
Stella EOC's 44 staff - including 23 in London - will increase GCA's headcount to over 510 across 14 countries.
Last year the two companies generated a combined revenue of £180m. The value of the acquisition was not disclosed.
Phil Adams, CEO of GCA Altium, said: “GCA Altium and Stella EOC are a great fit in that we can expand our coverage even further into wider European markets including Nordics and Benelux, where we have not had a presence to date and where we see exciting opportunities for our clients across the globe.
“Stella EOC is a leader in the technology and media M&A space and as such, perfectly complements our strong technology sector focus.”