Intermediate Capital Group said in an August 12 statement it had appointed Numis as its broker.
A person familiar with the situation said that the move came after ICG conducted a review of its advisory line-up, with Numis landing the role of joint broker to ICG that had been held by Jefferies Hoare Govett. A spokeswoman for Jefferies declined to comment.
The broking win is Numis’s fourth since July 20. That day, it and Investec were picked as brokers by Caucasus-focused hospital operator Georgia Healthcare Group, to work alongside Investec. On July 27, Genel Energy, the oil company chaired by former BP boss Tony Hayward, added Numis as a joint broker, while the following day vodka maker Stock Spirits, too, gave Numis a shot at providing broking services.
Numis is working alongside JP Morgan Cazenove for both Genel and Stock Spirits, mirroring the line-up at ICG.
The latest additions to Numis’s broking roster follow a spate of new clients for the stockbroker in recent months. In May, it added six broking clients: doorstep lender Morses Club, property firm Helical Bar, biotech company Circassia Pharmaceuticals, publisher Ascential, Countryside Properties, and developer Bovis Homes.
In June, digital technology venture firm Draper Esprit and sustainable business specialist Benchmark Holdings joined Numis’s broking client roster, which now stands at 194, up from 176 in May 2015.