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NEWS & EVENTS




THE MONTAUK GROUP IS ACQUIRED BY INTERNATIONAL CONSULTANT BFINANCE TO CREATE A LEADING PROVIDER OF TREASURY ADVISORY SERVICES


Bank Relationship Management Solutions to be integrated as an essential piece of bfinance’s Debt & Treasury Advisory (DTA) Division


NEW YORK CITY, NY - April 8, 2015 - The Montauk Group LLC, a New-York based Bank Relationship Management (BRM) solutions’ provider for corporate treasury departments, has completed a strategic partnership with international financial consultant bfinance. Under the terms of the agreement, The Montauk Group LLC has been acquired by bfinance and its solutions will be integrated as a key part of bfinance’s Debt & Treasury Advisory Division. The merger will increase Montauk’s advisory capabilities and international reach.

Founded in 2010, The Montauk Group optimizes bank relationships for corporations, by arming corporate treasury departments with the data and intellectual capital necessary to better understand and negotiate their bank fee expense. The company, led by highly qualified, accomplished and recognized veterans of the industry, targets Fortune 500 companies and has been engaged by 20+ clients since inception.

Formed in 1999, bfinance is an independent, privately-owned financial services firm that provides advice to companies and institutional investors around the globe. Headquartered in London, with offices in Paris, Amsterdam, Munich, Dubai, New York and Montreal, bfinance is providing debt and treasury advisory services, as well as investment advisory services spanning all asset classes. Since inception, its 70 professionals have accompanied 400 of the world’s most sophisticated companies and institutional investors over 25 countries.

Tamir Shafer, Co-Founder & Managing Partner of The Montauk Group said: “Whereas Montauk has been ‘a mile deep’ as it pertains to bank fees and cash management services offered by banks in the domestic U.S., bfinance is ‘a mile wide’ when it comes to services, products, and reach for treasurers and CFOs. With Montauk now under the bfinance umbrella, we believe the geographical and services breadth of the newly combined company is unparalleled in the Treasury Advisory space.”

Stephan Ireland, Managing Director, Debt & Treasury Advisory at bfinance said: “This merger between Montauk and bfinance represents a tremendous opportunity to create an unrivalled global player that will bring transparency over bank relationships to companies in all the regions where they do business.”



For more information, please contact:

NEW YORK - Tamir Shafer, The Montauk Group +1 212-380-1184 – tamir.shafer@themontaukgroup.com

PARIS - Laetitia Hottinguer, SHAN +33 1 44 50 58 78 – laetitia.hotinguer@shan.fr

About The Montauk Group
The Montauk Group is changing the way corporate-bank relationships are managed through a proactive approach that brings continuous value to its clients. For more information, visit http://www.themontaukgroup.com

About bfinance’s Debt Advisory & Treasury Solutions
bfinance’s Debt & Treasury Advisory department provides banking relationship analysis, financing arrangement and cash and liquidity management structure optimization solutions to companies. The group has advised more than 150 major groups throughout Europe, Asia and North America since inception. For ongoing news, please go to http://www.bfinance.com/what-we-do/debt-advisory-treasury-solutions/