Stifel Financial closes acquisition of Torreya partners

Stifel Financial announced the completion of its acquisition of Torreya Partners, further solidifying its position as a top global healthcare franchise. The Stifel Global Healthcare Group, resulting from the combination, will operate with investment banking professionals serving clients throughout North America, Europe, and Asia in a sector that demands cross-border capabilities and international reach. "Today marks another milestone for Stifel as we build on our leadership position across healthcare," said Brad Raymond, Stifel Global Head of Investment Banking. "Torreya has built an outstanding reputation in the marketplace and demonstrated a keen ability to innovatively structure transactions to drive successful outcomes for clients, even in the most complex situations. I am thrilled to welcome the Torreya team to Stifel."