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Friday, March 31, 2023

Mizuho (NYSE: MFG) Buys Capstone Partners

Mizuho Financial Group, Inc. (NYSE: MFG) has announced the acquisition of Capstone Partners. The company has inked an acquisition pact to buy Capstone Partners. The acquisition decision highlights Mizuho Americas’ commitment to improving its asset bank offering and advancing the number of solutions for clients in the substitute investment market, particularly financial supporters.

The acquisition of Capstone by Mizuho also strengthen the bank’s ruling capital hovering and issuance abilities through Capstone’s global network of more than 1,500 Limited Partners across the Asia, Europe, and the US with extended opportunities for cross-selling corresponding investment banking solutions.

In addition, Capstone is a strategic deal for Mizuho and will positively influence MFG’s business. Furthermore, this new collaboration with Mizuho is evidence of both the expertise of the team at Capstone and the common vision it shares with Mizuho in backing all elements of the sponsor relationship.

Recently, Mizuho has been engaged in growing its investment and corporate banking franchise. It is striving to utilize its flagship investment-grade bond and loan businesses to expand its non-investment grade and financial sponsors franchise, lead IPO and SPAC transactions and offer M&A advisory services on distinguished transactions.

Mizuho Securities USA believed that its global investment and corporate banking capabilities, when integrated with Capstones’ localized private capital raising expertise, will enable MFG to bring increased private equity fundraising results across geographies. Moreover both the companies haven’t yet disclosed the terms and conditions of the new deal. The companies revealed that the deal is likely to be finalized in the first half of 2022 after the necessary authorization.

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