Lincoln International expanded its Sao Paulo headquarters after its acquisition of Stratus Group's financial advisory division. The move marked another significant step in its global expansion as it enables the company to cater to a wider range of clientele based in the Latin America and Brazilian markets.

"Brazil is a key global market and has important and increasing connections to the other key global economies where we operate," Jim Lawson, Chairman of Lincoln International,  said in a statement.

"The acquisition of the financial advisory division of Stratus allows Lincoln International to continue building its São Paulo office and further its presence in Latin America and worldwide," he added.

The company, a leading global mid-market investment bank, now has a total of ten investment bankers in Sao Paulo and fourteen offices worldwide.

"It will also enable Stratus to solely concentrate on continuing to grow our successful private equity business, allowing us to serve our investors and portfolio companies with increasing dedication," said Alberto Camoes, Stratus Group's founding partner.

"At the same time our former advisory team will benefit from Lincoln International's highly successful globally integrated mid-market M&A advisory business," he said.