Commerce Bank completes acquisition of investment bank Nolan & Associates
CBSH•Commerce Bank completed its acquisition of St. Louis-based boutique investment banking firm Nolan & Associates. Financial terms were not disclosed.
1. Middle-market banking services
The acquisition adds middle-market investment banking services, including advisory support for growth, acquisitions, capital raising and ownership transitions. Nolan & Associates will retain its leadership team, employees and Brentwood, Missouri, office.
2. Transaction structure
Commerce Bank acquired Middle Market Transactions, which is now a wholly owned unit operating as Nolan & Associates.
