Florent Roulet
Antony Northrop
LONDON, 18 September 2023 – Bryan, Garnier & Co, the leading investment bank for European healthcare and technology-related companies has announced the acquisition of NOR Capital, a London-headquartered pan-European Corporate Finance advisory firm focused on the Technology, Media and Telecom (TMT) sectors.
NOR Capital’s entire team combines with Bryan Garnier’s London office, capitalising on a proven track record of advising companies throughout their life cycle. NOR Capital currently specialises in both M&A and Capital Raising advisory services for private and public companies. NOR Capital adds to Bryan Garnier a strong pan-European client base in the UK and Ireland, the Nordics, German-speaking countries, France and the Benelux, as well as access to relevant investors and corporates globally.
The NOR Capital team’s sector expertise reinforces Bryan, Garnier & Co’s Technology team, especially around the verticals of Fintech & Insurtech, Mobility, Space, Internet of Things, E-commerce, Marketplaces and Media & Entertainment.
Antony Northrop and Florent Roulet, who co-founded NOR Capital in late 2014, both bring to Bryan Garnier a wealth of experience, advising from both early-stage to large global firms, as part of sector-focused boutique advisory firms and large international investment banks. Florent, who started his career at Bryan, Garnier & Co in 2007, also worked in the TMT industry at Bank of America Merrill Lynch, UBS and GP Bullhound. He holds a Master of Science in Corporate Finance from EM Lyon. Antony, who started his career at J.P. Morgan, was previously a Partner at Lazard and an Executive Committee member at SBCI / UBS. Antony also founded M&A boutique Touchstone Securities, which subsequently became part of GP Bullhound. He holds a Master of Arts in Politics, Philosophy and Economics from the University of Oxford.
Florent Roulet, Co-Founder of NOR Capital, said: “Rejoining Bryan, Garnier & Co as a Partner is a true full-circle moment. We are excited to unite our proven expertise with the extensive resources and global reach of Bryan Garnier’s comprehensive platform. Together, we are primed to deliver outstanding results, not just for our current clients, but for the boundless opportunities on the horizon.”
Antony Northrop, Co-Founder of NOR Capital, said: “Our respective firms share an entrepreneurial zeal and relentless commitment to executing complex transactions to help clients achieve their growth ambitions. We look forward to leveraging our combined experience and Bryan Garnier’s full-service product offering and global footprint to best serve our existing and future advisory clients.”
Olivier Garnier, Founder and Managing Partner of Bryan Garnier, said: “This acquisition underscores our commitment to the London market. NOR Capital is a recognised sector-focused investment banking boutique with a demonstrable history of advising exciting growth companies at the forefront of technological innovation, complementing our expertise and relationships with companies and investors across various sectors and geographies. In addition, the NOR Capital team’s entrepreneurial spirit means that they are the perfect addition to Bryan Garnier and together we will continue to build on our strong track record in London and across Europe.”
Bryan Garnier has advised on multiple sector-defining deals in healthcare and technology-related sectors. Recent transactions include the EUR 250m sale of leading crypto custody firm Metaco to Ripple Labs in May 2023, green hydrogen producer Lhyfe’s EUR 110m IPO on Euronext Paris in May 2022 and Carbios’ EUR 141m Rights Issue in July 2023.
Bryan Garnier’s core sectors are Healthcare, Software & Fintech, Industrial Tech, Energy Transition & Sustainability, Business and Tech-Enabled Services and NextGen Consumer. Bryan Garnier’s mission of investment banking for a better future continues to drive the firm as it backs innovative companies and their investors that are providing solutions to some of the world’s most important challenges.
About Bryan, Garnier & Co
Bryan, Garnier & Co is a European growth investment bank helping companies in the healthcare and technology-related sectors become global champions. By combining deep sector expertise with an entrepreneurial mindset, Bryan Garnier provides companies and their investors with independent growth strategic advice, and leading access to buyers and capital in Europe, the US and Asia.
As a full-service investment bank, the firm offering includes private and public growth financing solutions, mergers and acquisitions (M&A) advisory, research insights, and institutional sales & execution. Founded in 1996, Bryan, Garnier & Co is an independent partnership with over 200 employees located in major financial centres in Europe and the US.
About NOR Capital
NOR Capital is a pan-European Corporate Finance advisory firm focused on the Technology, Media and Telecom (TMT) sectors. Over the years, NOR Capital has advised on a wide range of transactions, with core services centred around M&A, Capital Raising and Strategic Advisory.
NOR Capital operates with a team of TMT sector experts who have experience from both large bulge bracket investment banks and leading sector-focused advisory firms. With a strong track-record of successfully advising on a number of transactions, NOR Capital is recognised as both industry and deal execution experts, having many years of relevant deal experience and demonstrating multiple repeat client relationships.