Lazard acquires Belgian M&A boutique Altamoda, adds De Smet and Lamarche
What's the deal? LazardDealroom has a profile for this one. Try Dealroom → has acquired AltamodaDealroom has a profile for this one. Try Dealroom →, a Belgian boutique specialising in mergers and acquisitions. Founders Fabian De Smet and Gérard Lamarche are set to join the bank as part of the deal.
What changes? The De Smet-Lamarche duo will continue to apply its M&A expertise on Belgian soil, now under the Lazard banner.
What's the endgame? The acquisition gives Lazard a stronger foothold in Belgium's advisory market, folding in an established local boutique and its dealmakers.
The signal: Global banks continue to absorb specialist boutiques to expand their reach in local markets, betting that established relationships and expertise travel with the people who built them.
Read more: lecho.be
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