Scottish independent investment bank Cavendish has been formally established through the merger of Cenkos Securities and finnCap Group. Operating from Cenkos’ existing offices in Edinburgh, Cavendish will now add M&A, private capital and debt advisory to its existing equity capital markets
Cenkos Securities
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Cenkos Securities and finnCap have announced a 50-50 all-share merger worth £43 million, creating the UK's largest investment bank focused on smallcap growth companies. While Cenkos is the only institutional stockbroker with a full-service office in Scotland, finnCap has no physical presence n
Neil McDonald, the stockbroker behind last year’s flotation of Scottish technology firm Calnex, has reported a 188% rise in underlying profits after an increase in fundraising activity in 2020. Neil McDonald, who heads up the Edinburgh office of Cenkos Securities, said Calnex is also engaging