CFE acquires RiverRock

Investment banking boutique CFE Finance has agreed to acquire 60% of RiverRock European Capital Partners’ share capital.

Founded in 2009 and headquartered in London, RiverRock provides alternative investment solutions to investors and customised capital solutions to SMEs in Europe. The firm’s offering includes asset management, financial advisory, securities brokerage, and tech solutions.

With this transaction, subject to FCA approval, CFE hopes to strengthen and expand its European investment offering.

“We are glad to have reached an agreement that is strategic for the growth of our business in Europe,” said CFE’s CEO Mario Cordoni in a statement. “Upon completion of the acquisition, we will immediately work with RiverRock’s management team to develop the best synergies and bolster our respective market positioning.”

RiverRock should continue to service global investors and SME companies in Europe with alternative and customised solutions.

CEO of RiverRock, Michel Péretié, added: “The entry of CFE Finance marks a new and inspiring chapter in successful RiverRock’s story. This transaction will further strengthen and expand our investment platform, now that traditional financing channels are not able to fully satisfy market demand.”