Boutique corporate finance firm in London merger

Boutique financial services firm Jasper Corporate Finance has merged with London-based Assay Corporate Finance.

The deal will see the Birmingham office rebranded as Assay and become part of the international partnership IMAP.

It will create a UK firm of 14 advisors and analysts who are focussed on mid-market transactions from £5m-£50m.

Mark Asplin, founder and principal of Jasper, said: “We will continue to serve the Midlands market and our long-standing clients, providing the same high level of service that we have become known for, but will now add to this access to a breadth of local knowledge in over 60 cities across the globe which we can leverage to achieve the best outcomes for our clients.”

Jasper’s private equity business is not a part of the merger and will continue to operate as a separate entity under the Jasper PE brand.

Mike Simson, partner at Assay, added: “The merger of Jasper and Assay will increase both firms’ geographic coverage and specialist sector knowledge, we are very excited about the opportunities this creates for the enlarged firm.

“The merger will expand the reach of IMAP in the UK and greatly increase the execution capability available to our international network.”