Commerce Bank Acquires Municipal Bond Underwriting and Advisory Firm, L.J. Hart & Company
Commerce Bank announced it has entered into a definitive agreement to acquire L.J. Hart & Company, a municipal bond underwriter and advisor. Terms of the transaction were not disclosed.
L.J. Hart & Company, founded in 1991 in St. Louis, MO, has advised more than 300 Missouri Public School Districts and nearly a quarter of the 114 Missouri county governments. The municipal bond underwriting and advisory firm has underwritten more than 2,600 individual municipal financings since incorporation for a par value exceeding $7.3 billion, according to data from Refinitiv Financial Solutions.
"This transaction brings together two like-minded Missouri-based institutions that share a fundamental miss
