KEYCORP /NEW/ acquired Clearwater Corporate Finance LLP (Clearwater UK), a transaction announced in April 2026, structured as Definitive agreement to acquire; pending close (expected in the second half of 2026).
Clearwater Corporate Finance LLP (Clearwater UK) operates in KeyBanc Capital Markets (investment banking / financial advisory), is based in United Kingdom. Clearwater UK is a UK-based middle-market investment banking advisory firm. KeyCorp agreed to acquire it to enter the Western European market and broaden the M&A and financial advisory services its KeyBanc Capital Markets unit provides to middle-market and institutional clients. The transaction builds on a collaboration agreement the two firms established in 2020.
Marks Key's strategic entry into the Western European market and expands its cross-border M&A advisory capabilities for middle-market and institutional clients; validates a multi-year partnership begun with a 2020 collaboration agreement between KeyBanc Capital Markets and Clearwater.
Advisory firms were not disclosed for this transaction.