Investment Banking

Boutique d’Angelin & Co posts 79% surge in profit as M&A rebounds

The investment bank said that fees bounced back despite a ‘tough’ environment for deals

Revenue and profit have rebounded at D’Angelin & Co, which has offices near St Paul’s Cathedral
Revenue and profit have rebounded at D’Angelin & Co, which has offices near St Paul’s Cathedral Photo: BEN STANSALL/Getty Images

A boutique investment bank led by Lehman Brothers’ former head of European investment banking posted a 79% increase in profit as M&A activity bounced back last year.

D’Angelin & Co, an advisory firm launched by veteran dealmaker Benoît D’Angelin, posted a profit of £10.3m for the year to 31 December 2024, according to newly-released accounts, up from £5.8m a year earlier.

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