Duff Phelps, a financial advisory firm, has acquired investment bank Chanin Capital Partners. Terms of the transaction were not disclosed. Chanin Capital Partners provides a variety of financial advisory, including financial restructuring, merger; acquisition advisory services, capital raising and fairness and solvency opinions. Chanin’s financial restructuring business will continue to operate under the Chanin name, as a business unit of Duff Phelps. Chanin’s investment banking business will operate under Duff Phelps Securities, an NASD registered broker-dealer. Putnam Lovell NBF served as the exclusive financial advisor to Chanin Capital Partners on this transaction.
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