Seaport Buys Amias Berman

michaelmeagher.jpg

The Seaport Group LLC has acquired Amias Berman & Co. LLC.

Amias Berman, headquartered in London, is a fixed-income firm that operates a trading service. Terms of the transaction were not disclosed.

Seaport, co-founded by Michael Meagher (pictured), made the acquisition through subsidiary Seaport Financial Europe Ltd. 

The New York-based buyer is an investment bank that has distressed debt, trading and sales operations.  Seaport expects the acquisition to expand its capabilities in Europe.

 

For reprint and licensing requests for this article, click here.