Seaport Buys Amias Berman
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.