ALAMEDA, Calif. — Sterne, Agee & Leach Inc. has acquired San Francisco-based Nollenberger Capital Partners Inc.

Nollenberger announced the transaction on its website. No further details were available from the firms Wednesday, but Birmingham, Ala.-based Sterne Agee appears to be using the acquisition to expand its overall footprint in California, as well as establishing a first-time presence in California public finance.

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