Altium lines up US partnership

MANCHESTER-based investment bank Altium has struck a strategic partnership with US counterpart Petsky Prunier.
 
Altium said the deal would enable it to give its clients better access to high-quality advisory services in North America.
 
Petsky Prunier provides advice on M&A and private placements to businesses in the digital media, e-commerce, digital advertising, marketing, technology, and healthcare sectors.

Altium’s chief executive Phil Adams said: “We are already co-operating with Petsky Prunier on a number of mandates and their input and contact to buyers has been extremely powerful.

“Our clients will benefit from their presence in New York and Palo Alto. We are extremely happy to partner with this dynamic organisation and we believe there is a really strong cultural fit between our two firms.”

John Prunier, co-founder of Petsky Prunier, said: “We are excited by the opportunity to bring an international execution capability on behalf of the expanding roster of clients we serve and industries we cover. We have great admiration for Altium, its people and the impressive roster of transactions it has completed.”

Altium has a network of 10 offices across Europe.