Citizens Financial Group, through its JMP Securities arm, has agreed to acquire Matrix Capital Markets Group, a boutique M&A advisory firm specializing in the energy retail sector. This acquisition, expected to close in the first quarter, expands Citizens’ advisory capabilities into a niche market. The move follows several other recent acquisitions by Citizens.
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Citizens buys boutique M&A advisory firm with energy retail expertise
Citizens Financial Group, through its JMP Securities arm, has agreed to acquire Matrix Capital Markets Group, a boutique M&A advisory firm specializing in the energy retail sector. This acquisition, expected to close in the first quarter, expands Citizens’ advisory capabilities into a niche market. The move follows several other recent acquisitions by Citizens.