Greenhill

Mizuho Acquisition Announced - May 2023: In a transformative development for the firm, Mizuho Financial Group and Greenhill announced a definitive agreement in May 2023 for Mizuho to acquire Greenhill in an all-cash transaction valued at $15 per share.

The transaction reflects an enterprise value of approximately $550 million, including assumed debt.

Through this strategic acquisition, Mizuho aims to accelerate its investment banking growth strategy while leveraging Greenhill's 27-year history of advising important clients on significant transactions.

Q2 2023 Financial Results: In August 2023, Greenhill reported second quarter revenues of $71.4 million, net income of $4.4 million, and diluted earnings per share of $0.21 for the quarter ended June 30, 2023.

Q1 2023 Financial Results: For the first quarter of 2023, Greenhill reported revenues of $49.7 million, a net loss of $23.3 million, and a loss per share of $1.27 for the quarter ended March 31, 2023.

These developments reflect both the firm's ongoing operational performance and its strategic evolution as it joins forces with one of Japan's largest financial institutions to expand its global capabilities and market presence.

Greenhill & Co. is a leading global independent investment bank that provides advisory services on significant mergers, acquisitions, restructurings, financings, and capital raisings to corporations, partnerships, institutions, and governments worldwide.

With a 27-year history of advising important clients on complex transactions, Greenhill has established itself as a premier advisor in the investment banking industry.

The firm's strength lies in the skills and commitment of its professionals at all levels, with a culture that emphasizes excellence, collegiality across offices, diversity, and dedication to both the firm and its clients.

Greenhill operates as one of the leading placement agents in the alternative assets space, offering specialized services in raising capital for real assets including real estate and infrastructure.

In May 2023, Mizuho Financial Group announced a definitive agreement to acquire Greenhill in an all-cash transaction at $15 per share, reflecting an enterprise value of approximately $550 million including assumed debt.

This acquisition enables Mizuho to accelerate its investment banking growth strategy while building on Greenhill's established reputation and client relationships.

Greenhill is active in all major markets with meaningful corporate advisory activity, maintaining a global presence with offices strategically positioned to serve clients across multiple time zones and jurisdictions.

The firm's transaction experience spans numerous regions and industries, encompassing mergers and acquisitions, financing and restructuring, and capital advisory services.

Greenhill offers a comprehensive range of advisory services structured around three core practice areas:

Mergers & Acquisitions: The firm advises companies on a wide range of transactions including buy-side advisory, sell-side advisory, mergers, defense against activist investors and hostile acquirers, and other confidential or special situations.

Greenhill's M&A advisory practice represents the cornerstone of its business, with extensive experience across virtually all major industry sectors.

Financing & Restructuring Advisory: Greenhill specializes in capital structure advisory, pre-emptive recapitalizations, acquisitions and sales of distressed companies and assets, and debt and equity restructuring, including the use of Chapter 11 when necessary.

This practice serves clients facing complex financial challenges and opportunities for strategic repositioning.

Private Capital Advisory: The firm's Real Assets Capital Advisory Group offers specialized services in raising capital for real assets, primarily focusing on real estate and infrastructure funds.

This fund placement capability positions Greenhill among the top private equity placement agents serving alternative asset managers seeking institutional capital.

Shareholder Activism Defense: Greenhill provides strategic advisory services to companies facing activist shareholder campaigns, leveraging deep expertise in navigating these complex situations and protecting shareholder value.

Greenhill maintains a truly global footprint with offices strategically located across major financial centers worldwide.

The firm's headquarters is located at 1271 Avenue of the Americas in New York, serving as the central hub for its operations.

North America: In addition to New York, Greenhill operates offices in Chicago (155 North Wacker Drive), Houston (909 Fannin Street), and San Francisco (600 Montgomery Street), providing comprehensive coverage across the United States.

Europe: The firm's European presence includes offices in London (Berkeley Square House), Frankfurt (Neue Mainzer Strasse 52), Madrid (Calle Velázquez, 94), Paris (41 avenue George V), and Stockholm (Biblioteksgatan 8), enabling it to serve clients across the continent.

Asia-Pacific: Greenhill's Asia-Pacific operations are anchored by offices in Hong Kong (The Landmark, 15 Queen's Road Central), Singapore (Asia Square Tower 1), and Melbourne (101 Collins Street), providing access to the region's dynamic markets.

This global network allows Greenhill to deliver seamless service to multinational clients and facilitate cross-border transactions across all major time zones and regulatory jurisdictions.

Greenhill and its Managing Directors have developed extensive experience across substantially all major industry areas with meaningful corporate transaction activity.

The firm's sector expertise encompasses:

- Communications & Media: Advisory services for media companies, telecommunications providers, and digital platforms navigating industry consolidation and transformation

• Consumer Goods & Retail: Expertise in consumer-facing businesses including retail, food and beverage, and consumer products
• Energy, Utilities & Infrastructure: Deep experience in energy transition, traditional energy, utilities, and infrastructure development and financing
• Financial Services: Advisory for banks, asset managers, insurance companies, and other financial institutions
• Financial Sponsors: Dedicated coverage of private equity firms, providing both M&A advisory and capital raising services
• Healthcare: Expertise across pharmaceuticals, biotechnology, medical devices, and healthcare services

  This industry-focused approach allows Greenhill to deliver highly specialized insights and relevant transaction experience to clients across diverse sectors.