Regions Financial Corporation announced the acquisition of BlackArch Partners, a private, middle-market mergers and acquisitions (M&A) advisory firm headquartered in Charlotte, N.C. Financial terms of the transaction are not disclosed.

“BlackArch Partners has an attractive growth profile and a strong reputation for excellence serving the middle market,” said John Turner, head of the Regions Corporate Banking Group. “The addition of BlackArch Partners will allow Regions to build scale and capabilities within the M&A advisory services space to meet more client needs while also diversifying and increasing non-interest revenue.”

BlackArch Partners is led by seasoned M&A bankers with decades of prior experience from Bowles Hollowell Conner, Edgeview Partners, Harris Williams and JP Morgan. BlackArch professionals have closed more than 300 transactions in 16 countries on four continents through 12 industry-focused practices that cover sectors of interest to middle-market investors. BlackArch’s founding partners, Will Cooper, Bram Hall, Kelly Katterhagen, Drew Quartapella, Matt Salisbury and Gordie Vap will continue to lead BlackArch.

“BlackArch has experienced significant growth in deal volume and bankers over the last several years, and the combination with Regions will accelerate our growth and our vision to build an industry-leading middle-market investment bank,” said Andrew “Drew” Quartapella, founder and Managing Director of BlackArch Partners. “Both Regions and BlackArch share a focus on the middle market, and we have a common culture of exceeding the expectations of our clients.”

Founded in 2010, BlackArch Partners offers a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch Partners will maintain its name, leadership and headquarters in Charlotte and will operate as a Regions subsidiary reporting through Regions Capital Markets within the Corporate Banking Group. BlackArch Partners will be Regions’ principal unit handling middle-market mergers and acquisitions.

Regions Financial Corporation with $125 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,630 banking offices and 2,000 ATMs.