NEW YORK, April 27: Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Company, today announced that a definitive agreement has been reached to acquire Merlin Securities, LLC, a San Francisco and NYC-based prime brokerage services and technology provider. Terms of the agreement were not disclosed. Morgan Lewis advised Wells Fargo in the transaction.
The Morgan Lewis deal team was led by Business and Finance partner R. Alec Dawson, and included partners Sheryl Orr (Business & Finance) and John Ayanian (Investment Management). They were assisted by associate Danielle Davis (Business & Finance).
For more information, please see the company's press release.