Canaccord Hires Cummings From Davidson for Financial Sponsors

Canaccord Genuity Group Inc. hired Bryan Cummings as a managing director for financial sponsors in the U.S., bolstering a team that has seen a record number of transactions this year.

Cummings will start in early 2022 in Canaccord’s New York office and work with managing directors Isaiah Knouff and Amy LaBan, according to a memo from U.S. investment-banking co-heads Sanjay Chadda and Dan Coyne.

Canaccord’s U.S. investment banking team has completed more than 200 transactions this year, a record, with over half of its merger-and-acquisition mandates involving companies backed by financial sponsors such as private equity firms, according to the ...