Clearwater UK Acquired by KeyCorp | Financial Services M&A Deal

KeyCorp has acquired Clearwater UK, a financial services other business in New York, for $486 million. Clearwater UK provides financial advisory services that support corporate clients with planning, transactions, and related advisory work, strengthening KeyCorp’s financial services M&A capabilities. KeyCorp acquisitions in NY aim to broaden advisory coverage and deepen client relationships through a platform acquisition strategy. The KeyCorp acquisitions are structured as a strategic acquisition and platform acquisition, expanding KeyCorp acquisitions in financial services deals NY. The Clearwater UK acquisition is announced, with deal terms and closing timing expected to be confirmed as the process advances.