Citizen Financial Group, Inc. (NYSE: CFG) has purchased substantially all of the assets of DH Capital LLC, a private investment banking firm focused on internet infrastructure, software, next generation IT services and communications sectors.

DH Capital has completed over 200 M&A transactions totaling $35 billion in value. The deal follows recent moves made by Citizens to add key talent and services to strengthen its corporate advisory offerings. The deal will add infrastructure sector expertise to Citizen’s M&A advisory team.

“Clients view Citizens as a trusted strategic and financial partner committed to delivering complete solutions, quality execution and excellent service throughout their business life cycle,” said Donald McCree, vice chairman and head of commercial banking at Citizens. “The DH Capital team brings us deep expertise in the digital infrastructure sector, a key and ongoing area of opportunity in today’s highly dynamic commercial market.”

Willkie Farr & Gallagher LLP served as legal advisor to Citizens in connection with the transaction. DH Capital was represented by Keefe, Bruyette & Woods, A Stifel Company, as financial advisor, and Mayer Brown LLP as legal advisor.