Pacific Crest Securities was acquired by KeyBanc Capital Markets to better serve the technology sector. Stay connected to our experts and industry insights by following the KeyBanc Capital Markets page.
Pacific Crest was the premier investment bank for technology. The firm operated at the leading edge, where global connectivity is fueling an unprecedented expansion cycle. The firm applied its knowledge of the drivers of value creation and global network of relationships to technology's high-growth sectors, such as global internet, mobility, SaaS, cloud and big data, next gen infrastructure, and energy and industrial technology. As a result, Pacific Crest's clients — technology's foremost institutional investors and market leading companies — relied on it to achieve superior returns and gain competitive advantage from the seismic shifts occurring in technology.
In July 2014, KeyCorp's investment banking unit, KeyBanc Capital Markets (KBCM), announced its intention to acquire Pacific Crest and Pacific Crest was merged into KBCM in 2015.
At the time of the acquisition, Pacific Crest Securities had 170 employees located in offices in Portland, Oregon, Boston, New York, San Francisco, Stamford, Connecticut and international offices in Beijing, London as well as the Pacific Epoch office in Shanghai.