In a move that is set to shake up the U.K. banking industry, Cenkos Securities and finnCap have announced their intention to merge in a £21 million deal. The two firms, both based in London, are well-known players in the world of investment banking and have a strong track record of success in their respective fields. The merger is expected to create a new powerhouse in the U.K. banking sector, with the combined entity boasting a market capitalization of around £100 million. The deal is also expected to create significant synergies between the two firms, allowing them to offer a wider range of services to their clients and to compete more effectively with larger, more established players in the industry. Cenkos Securities is a leading independent investment bank that specializes in providing corporate finance and advisory services to small and mid-sized companies. The firm has a strong reputation for its expertise in the areas of equity capital markets, debt capital markets, and mergers and acquisitions. finnCap, on the other hand, is a leading provider of research, advisory, and capital raising services to growth companies in the U.K. The firm has a particular focus on the technology, healthcare, and consumer sectors, and has a strong track record of helping its clients to raise capital and achieve their growth objectives. The merger between Cenkos and finnCap is expected to create a number of benefits for both firms. For Cenkos, the deal will provide access to finnCap's extensive network of clients and expertise in the growth sectors, allowing it to expand its reach and offer a wider range of services to its existing clients. For finnCap, the merger will provide access to Cenkos' expertise in the areas of equity and debt capital markets, as well as its strong relationships with institutional investors. The deal is also expected to create significant cost savings for both firms, as they will be able to share resources and reduce duplication of effort. This will allow them to operate more efficiently and to offer more competitive pricing to their clients. Overall, the merger between Cenkos and finnCap is a significant development in the U.K. banking industry, and is likely to have a major impact on the competitive landscape. The combined entity will be well-positioned to compete with larger players in the industry, and to offer a wider range of services to its clients. It will also provide a strong platform for future growth and expansion, as the U.K. banking sector continues to evolve and adapt to changing market conditions.