Meritz Securities is joining hands with Samjong KPMG to strengthen mergers and acquisitions (M&A) advisory services. The strategy is to expand services for ultra–high-net-worth individuals and corporate clients by establishing a collaboration framework that spans from corporate sales to post-deal asset management.
Meritz Securities said on the 23rd that it signed a memorandum of understanding (MOU) with Samjong KPMG on the 18th for cooperation on M&A and financial advisory services.
At the signing ceremony were Executive Director Lee Kyung-su, head of retail at Meritz Securities, Managing Director Choi Moon-hee, head of the PIB Gangnam Center, Kim Yi-dong, head of financial advisory at Samjong KPMG, and Won Jeong-jun, deputy head of the M&A Center, along with other key officials from both companies.
With this agreement, Meritz Securities plans to uncover new business opportunities by linking its investment banking (IB) capabilities and PIB Center client network with Samjong KPMG's M&A advisory expertise.
The Meritz Securities PIB Center is a platform that combines investment banking and asset management services. It provides tailored asset management services to ultra–high-net-worth individuals, family offices, and corporate clients.
Going forward, the two companies plan to establish a collaboration framework that supports the entire process for clients considering corporate sales, from M&A advisory and identifying potential buyers to executing the sale and managing the proceeds.
In particular, if clients who have completed a sale wish to manage their assets, the company plans to provide post-transaction services by linking them with Meritz Securities' asset management offering. It also plans to expand opportunities for specialized investment products that have been provided mainly to existing clients.
Choi Moon-hee, managing director and head of the Meritz Securities PIB Gangnam Center, said, "Launched last year, the PIB Center is rapidly expanding its client base," adding, "this MOU with KPMG will serve as a bridgehead for the PIB Center to take another step forward."