SVB Financial Closes Leerink Buyout, Expands Into Healthcare
SVB Financial Group SIVB has completed the acquisition of Boston-based Leerink Holdings LLC — an investment bank focused on the healthcare and life science industries — for $280 million in cash. The deal was announced in November 2018. Apart from paying cash to acquire Leerink, SVB Financial will be paying $60 million over five years as a retention pool for employees […]