Campbell Lutyens Acquired by Lazard | Financial Services M&A Deal

Lazard has acquired Campbell Lutyens, a financial services other business in New York, for $575m. Campbell Lutyens is a private capital advisor and placement agent that supports fundraising and capital raising for investment managers and private markets clients. Lazard acquisitions in financial services M&A aim to expand distribution and advisory capabilities in NY acquisitions and other acquisition activities. The strategic acquisition is announced and includes potential additional consideration of up to $85 million tied to performance criteria over a multi-year period, with Lazard acting as a strategic buyer in other acquisition.