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March 28, 2021

Stephens Adds European Healthcare Specialist as Sector Interest Intensifies

(Frankfurt, Germany) - Stephens, an independent and family-owned investment bank, has expanded its European capabilities with the addition of healthcare sector specialist Lars Friemann.

An experienced senior banker, Lars joins Stephens’ integrated global healthcare sector team. Prior to joining Stephens’ Frankfurt-based team, Lars spent eight years at Harris Williams & Co., where he was a Director and founding member of the group’s German operations.

The global Covid-19 pandemic has intensified the spotlight on the healthcare sector, which is set to receive additional investor attention over the coming years. With consolidation in the US healthcare space currently well ahead of Europe, Lars will harness the insights and strength of Stephens’ US healthcare platform to help unlock the significant opportunities available in Europe.

In addition to private equity owned healthcare businesses, Stephens particularly focuses its advisory work on the numerous privately held small and mid-sized medical technology (MedTech) companies in Europe poised for international expansion. With its strong relationships in the US, Stephens is well positioned to advise European MedTech companies seeking to access expertise and capital from across the Atlantic.

Digitisation is another likely source of major growth in the years ahead, with Stephens noting a number of rapidly expanding healthcare IT companies within Europe.

Founded in the US in 1933, privately-held Stephens established an investment banking presence in Europe in 2014 – opening offices in London and Frankfurt. Stephens’ growing European team now consists of more than 40 investment banking professionals.

Brad Eichler, Executive Vice President and Head of Stephens’ Investment Banking group, comments: “The addition of a highly regarded professional such as Lars to our Frankfurt-based team further demonstrates our long-term ambitions for Stephens in Europe. Consolidation in the European healthcare sector has only just begun, and the combination of Stephens’ powerful platform and Lars’ intimate on-the-ground knowledge of this space will be essential in capitalising on the numerous opportunities on offer in the years ahead.”

Lars adds: “Even before the pandemic, healthcare was an established global megatrend – with powerful tailwinds such as ageing populations and technological innovation. Joining a cross-border advisor like Stephens, with its renowned focus on trusted long-term relationships, is incredibly exciting at this pivotal time for the sector.”

About Stephens

“Stephens” (the company brand name) is a leading family-owned investment firm comprising the businesses of investment banking, advisory, sales and trading, research, insurance and wealth management. Founded in 1933, Stephens’ US operations are headquartered in Little Rock, AR, with additional locations in strategic domestic markets and a European practice in England and Germany. Stephens is committed to building long-term value for corporations, state and local governments, financial institutions, and institutional and individual investors. Stephens’ affiliates include: Stephens Inc. (offers securities products; member NYSE SIPC), Stephens Investment Management Group, Stephens Insurance, LLC, Stephens Capital Partners LLC, and Stephens Europe Limited. © 2021 Stephens. For more information,

Stephens Inc. is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority (Home Office: 111 Center Street, Little Rock, AR USA, 501-377-2000) and Stephens Europe Limited is authorized and regulated by the Financial Conduct Authority (Registered office 12 Arthur Street, London, EC4R 9AB, Registered number 8817024).

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