Greenhill Eyes Canadian Riches

One of the fastest growing countries for merger business has caught the eye of a U.S. investment bank.

Boutique firm Greenhill(GHL Quote) said Tuesday that it has acquired Toronto-based advisory shop Beaufort Partners, a purchase that will bring with it the firm's two principles, Bradley Crompton, who formerly ran the Canadian business at Morgan Stanley(MS Quote), and George Estey, who managed Goldman Sachs'(GS Quote) Canadian practice.

"The addition of a strong team in Canada is a very natural step for a firm that has a major presence in the U.S., U.K. and continental Europe," said Robert F. Greenhill, chairman and chief executive of Greenhill. "We plan to continue our strategy of extending geographic reach while we also continue to add expertise in key industries." ...