Commerce Bank completes Nolan & Associates acquisition

• Commerce Bank completed its acquisition of Nolan & Associates, a St. Louis-based boutique investment banking firm serving middle-market clients.
• The acquisition expands Commerce Bank’s investment banking capabilities and advisory services for business owners.
• Financial terms of the transaction were not disclosed.

Commerce Bank announced the completion of its acquisition of Nolan & Associates, a St. Louis-based investment banking firm focused on serving middle-market companies nationwide.

The transaction expands Commerce Bank’s ability to support business owners with growth strategies, acquisitions, capital raising and ownership transition planning.

Nolan & Associates will retain its leadership team, employees and Brentwood, Missouri office following the acquisition to maintain continuity for clients and employees.

The acquisition was completed through Commerce Bank’s purchase of Middle Market Transactions (MMTI), an affiliate of Nolan & Associates.

MMTI is now a wholly owned subsidiary of Commerce Bank and will continue operating under the Nolan & Associates name.

The companies did not disclose the financial terms of the transaction.