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Oppenheimer to Acquire Brandis Tallman to Accelerate Public Finance Investment Banking
Monday 01 June 2020

US-based investment bank Oppenheimer and Co. Inc. has agreed to acquire San Francisco-based investment bank Brandis Tallman LLC, to accelerate growth of public finance investment banking business, the company said.

Completion of the transaction is subject to pending regulatory review and approvals.

Brandis will operate as a division of Oppenheimer under the Brandis Tallman brand.

The combination of Brandis Tallman and Oppenheimer's existing Public Finance efforts will make Oppenheimer one of the top underwriters and private placement agents of California municipal bonds.

Going forward, Brandis Tallman will have access to the full resources and scale of Oppenheimer to enhance its services and capabilities, including a deep bench underwriting, placement, debt structuring, research, and trading and sales personnel focussed exclusively on the municipal capital markets.

Oppenheimer and Co. Inc., a principal subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY) provides a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions.

Brandis Tallman LLC is a division of Oppenheimer's investment banking public finance group. Headquartered in San Francisco, Brandis Tallman is a leading underwriter of municipal bonds for public agencies throughout California.
Date Published: 01/06/2020