We are pleased to announce that Cleaves Securities AS has acquired Gersemi Research and appointed the founder and CEO of Gersemi Research, Joakim Hannisdahl, as Head of Research.
Cleaves Securities AS is a specialized investment bank focused primarily on the marine, energy and real estate sectors. Cleaves is a privately owned and independent group of companies in investment banking, ship broking and ship management with a 40 year history. The group has offices in Oslo, New York and Singapore. Cleaves has been involved in numerous and highly prestigious marine transactions and thus wishes to strengthen their analytical capacity.
Joakim Hannisdahl, CEO & Founder of Gersemi Research said in a comment that: “As our brand became increasingly acknowledged in the shipping industry, the time was right to find more ways to utilize our strong research platform. We have successfully built a proven track record of alpha generating investment advice, outperforming the market and consensus by 270% since 2014, but increasingly had to spend time focusing on non-core parts of our business. Becoming a part of the Cleaves group was a perfect fit and enables us to expand our focus into corporate finance and capital management. This is of mutual benefit for both us and our clients, as we are able to offer many more services under the Cleaves umbrella with our high-quality research as foundation”.
Per Olav Karlsen, CEO and Managing Partner in Cleaves Securities, commented that: “We trust the acquisition of Gersemi and the appointment of Joakim as Head of Research, will significantly increase our advisory capabilities especially in regards to capital raises and M&A activities. Gersemi has proven to provide high-quality research with excellent insights and we look forward to providing our clients with this enhanced service.”
