Press Release
SVB Financial Group Completes Acquisition of Healthcare Investment Bank Leerink Partners
Leerink will operate under the name SVB Leerink as a wholly-owned subsidiary of
SVB acquired Leerink for
About
For 35 years,
About SVB Leerink
SVB Leerink is a leading investment bank, specializing in healthcare and life sciences. The firm's knowledge, experience and focus enable it to help its clients define and achieve their strategic, capital markets and investment objectives. SVB Leerink partners with companies that develop and commercialize innovative products and services that are defining the future of healthcare. SVB Leerink is a wholly-owned subsidiary of
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts, and involve risks and uncertainties that could result in the Company's actual results differing materially from those projected in the forward-looking statements. In this release, the Company makes forward-looking statements regarding the new entity, SVB Leerink, and the expanded service and product offering of the Company and SVB Leerink. There are various important factors that could cause actual events to differ from such forward-looking statements, including, among others, the effects of the acquisition on the business or operations of the Company or Leerink or on their employees, clients, business partners or investors; the retention of Leerink personnel and customers; the ability of the Company to successfully integrate Leerink without material unanticipated costs or adverse results to the Company's or Leerink's existing businesses and to achieve expected benefits and synergies associated with the acquisition within anticipated time frames or at all; the applicability of the Bank Holding Company Act (including the Volcker Rule) to SVB Leerink; the potential for disruption to the Company's existing plans and operation or diversion of management's attention from ongoing business concerns; risks related to unforeseen liabilities of Leerink; general economic and market conditions; and other risk factors described in documents filed by the Company with the
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SOURCE
Investor Contacts: Meghan O'Leary, Investor Relations, SVB Financial Group, moleary@svb.com Media Contacts: Eileen Nolan, Public Relations, SVB Financial Group, enolan@svb.com, Brian Schaffer, Prosek Partners for SVB, bschaffer@prosek.com Diane Vieira, Public Relations, SVB Leerink, diane.vieira@leerink.com, Kaitlyn Rawlett, Weber Shandwick for SVB Leerink, Leerink@webershandwick.com