Rubicon Infrastructure Advisors, a specialist investment banking firm focused solely on the global infrastructure and energy markets, has sold a minority equity interest in the ultimate parent company of Rubicon Infrastructure Advisors to a subsidiary of Assured Guaranty, a provider of financial guaranty insurance with a market cap of approximately $4.5 billion.
Rubicon will continue to operate as an independent, full-service investment banking firm dedicated solely to the global infrastructure and energy markets. The company, which maintains offices in Dublin, New York and Madrid, has advised on over 70 M&A and capital raising assignments worth in excess of $30 billion over the past five years and is ranked in the top 10 globally among financial advisers for infrastructure transactions. The company intends to continue its strategic expansion in core markets and sectors, both through the opening of new offices in Sydney and Mexico City in 2018 and through strategic acquisitions, especially in the United States and European energy markets.
“Having such a sophisticated and experienced partner as Assured Guaranty will only help Rubicon to accelerate its strategy to expand into new markets, sectors and complementary product lines within the global infrastructure market,” said Conor Kelly, founding partner and CEO of Rubicon. “Rubicon’s relationship with Assured Guaranty will enhance not only our European operations, but also our U.S. business, which continues to be a focal point for the firm’s growth. We intend to continue developing the U.S. operations by expanding Rubicon’s business lines and sector focus, with a particular view on acquiring complementary businesses.”
Rubicon Infrastructure Advisors’ team has advised or structured more than €200 billion ($244 billion) of infrastructure transactions across multiple sectors and jurisdictions.