US Boutique Joins Forces for LatAm M&A

Evercore Partners, the New York-based boutique investment bank, has teamed up with G5 Advisors to advise on cross-border deals for Brazilian firms. Evercore will work with the Sao Paulo-based investment banking boutique and investment management firm on strategic cross-border M&A and related transactions between Brazilian companies and entities located outside South America. They may also team up for deals involving companies in other South American countries, says Evercore. “Evercore’s strategic alliance with G5 Advisors is another step in the globalization of our firm, enabling us to expand our presence in South America and provide superior advice and execution for our clients,” says Roger Altman, chairman and CEO of Evercore. “Brazil, Latin America’s largest economy, continues to grow in importance globally.” Corrado Varoli, CEO of G5 Advisors, is a former head of LatAm for Goldman Sachs. Former Petrobras CEO Francisco Gros is also a G5 senior partner. Varoli says the jv will give its clients in Brazil access to Evercore’s global reach and services. “Our two firms are built on the same principle of providing sophisticated, objective advice to our clients and our geographic footprints are complementary,” he adds.