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SVB Securities' Management Team Signs Definitive Agreement for Buyout of SVB Securities from SVB Financial Group; Firm to Rebrand as Leerink Partners

PR Newswire - Sun Jun 18, 2023

BOSTON, June 18, 2023 /PRNewswire/ -- The SVB Securities management team bidder group led by CEO Jeff Leerink, and backed by The Baupost Group, today announced they have entered into a definitive agreement with SVB Financial Group (Pink Sheets: SIVBQ) to purchase SVB Securities following a competitive bidding process. Upon closing of the transaction and completion of its rebranding, Leerink Partners will continue as a leading healthcare-focused investment bank.

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