Score one for the little guys.
Ducera Partners, the recently formed investment bank led by an ex-Perella Weinberg restructuring banker, will take home a monster payday on the biggest mergers and acquisition deal of 2016. And the boutique bank is barely a year old.
The New York-based bank will bring in about $50 million for its work advising Monsanto, according to Freeman & Co.'s Jeffrey Nassof, who tracks M&A fees for big banks. The payday will happen as long as the St. Louis-based conglomerate sells itself to Germany's Bayer, which offered $122 a share, or $62 billion, to acquire the company early Monday.