Japan M&A firm GCA to buy U.S. peer Savvian

TOKYO, Nov 1 (Reuters) - Japan's GCA Holdings Corp 2126.T, a mergers and acquisitions advisory firm, said on Thursday it will merge with U.S. peer Savvian LLC in a stock swap deal.

They will set up a new holding company in Japan that will replace GCA as the listed entity. GCA is to hold 55 percent of the company and Savvian will hold 45 percent.

Savvian is a privately held firm based in San Francisco that provides advisory services for mergers and initial public offerings.