The Sage Group, a West Los Angeles-based independent investment bank, announced on Feb. 9 that it has formed a partnership with the London-based corporate finance firm Spayne Lindsay & Co.

Both Sage and Spayne will remain independently owned, but their partnership will form a “consumer advisory powerhouse” with global reach, according to a joint company statement.

“This relationship will provide our clients with access to even greater resources and expertise on a global scale,” said Mark Vidergauz, chief executive of Sage.

Vidergauz, along with Spayne Lindsay founding partner Tom Lindsay, acknowledged a long familiarity between the two companies that made for a natural fit.

“We have known Mark and the team at Sage for a number of years now and we are very like-minded,” said Lindsay. “Our adjacent areas of expertise within consumer are complementary.”

Combined, the two companies have 50 investment banking professionals and have completed over 300 transactions worth tens of billions across Europe and the United States, according to the company statement. The companies’ offerings include mergers and acquisitions, restructurings, and fundraising, among other corporate finance services.

Clients advised by Sage include the New York-based apparel company Bombas and San Francisco-based Chubbies. Spayne Lindsay has advised companies in transactions such as Luxembourg-based CVC Capital Partners’ acquisition of Unilever’s tea business.