has been acquired by

Berkshire Global Advisors client MLV & Co has been acquired by FBR & Co.

Date: July 2015

Sector: Securities and Investment Banking

Sub-Sector: Investment Bank

Region: North America

Seller AUM: N/A

Seller Details
MLV is an independent full-service investment bank and institutional broker dealer. MLV is focused on providing creative capital raising solutions to growth-oriented companies in healthcare, real estate, financials, energy & natural resources, technology and other “capital-intensive” sectors. MLV is a member of FINRA, NASDAQ and SIPC. MLV is the leader in capital raised for healthcare companies through At-the-Market Issuance (“ATM”), comprising nearly 40% of all capital raised At-the-Market in the industry in the last five years.

Buyer Details
FBR & Co. provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; energy & natural resources; financial institutions; healthcare; industrials; insurance; real estate; and technology, media & telecom. FBR is headquartered in the Washington, D.C. metropolitan area with offices throughout the United States.

Transaction Summary
FBR & Co. and MLV & Co. LLC entered into a definitive agreement whereby FBR will acquire MLV, an investment banking and brokerage firm focused on equity capital markets and a leading provider of At-the-Market (“ATM”) offerings. Financial terms of the transaction were not disclosed; FBR expects the acquisition to be immediately accretive to earnings. The transaction has been approved by the board of directors of both companies.