Financial Services Buyout Acquisitions in 2024
Acquisition Volume in Financial Services Buyout in 2024 by Year
Last 5 years
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December 31, 2024
- Buyer
- Wealth Enhancement
- Target
- VanceGray Wealth Management, Inc.
- Industry
- Financial Services
- Location
- Maine, United States
- Type
- Buyout
Wealth Enhancement has acquired VanceGray Wealth Management, an independent RIA that oversees over $409 million in client assets and maintains locations in Bangor and Ellsworth, Maine. The acquisition closed on December 31, 2024, establishes Wealth Enhancement's first location in Maine and increases the firm's total client assets to more than $102.1 billion. The VanceGray team of four advisors and six support staff will join Wealth Enhancement.
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December 31, 2024
- Buyer
- Mesirow
- Target
- Bastion Management
- Industry
- Financial Services
- Location
- Connecticut, United States
- Type
- Buyout
Mesirow has acquired Bastion Management, an asset-backed specialty finance lender based in Stamford, Connecticut; the transaction closed December 31, 2024. Bastion will operate within Mesirow Global Investment Management and serve as the platform for Mesirow’s Private Credit – Asset-Backed Lending expansion; Bastion was founded in 2013 and has completed 50+ transactions totaling over $2 billion in commitments.
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- Buyer
- CAPTRUST Financial Advisors
- Target
- Campbell Wealth Management, TruNorth Wealth Partners
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
CAPTRUST Financial Advisors has acquired Campbell Wealth Management (Alexandria, Virginia) and TruNorth Wealth Partners (St. Paul, Minnesota), adding a combined $1.97 billion in client assets and expanding its geographic footprint. The deals bring 33 colleagues from Campbell (with $1.4 billion in assets) and 10 colleagues from TruNorth (with $570 million in assets) to CAPTRUST; financial advisors Houlihan Lokey and Advisor Growth Strategies served as advisors to Campbell and TruNorth, respectively.
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December 26, 2024
- Buyer
- Third Point, Third Point LLC
- Target
- AS Birch Grove LP
- Seller
- American Securities
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Third Point, an alternative investment manager, entered into a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. Upon closing, American Securities will no longer own Birch Grove, which will become a subsidiary of Third Point, expanding Third Point’s credit capabilities and complementary credit product offerings.
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December 21, 2024
- Buyer
- Creative Planning
- Target
- Kowal Investment Group
- Industry
- Financial Services
- Location
- Wisconsin, United States
- Type
- Buyout
Creative Planning, a large independent wealth management firm based in Overland Park, Kansas, acquired Kowal Investment Group, an RIA based in Brookfield, Wisconsin. The deal closed December 21, 2024; Kowal's 20 employees and approximately $1.3 billion in AUM joined Creative Planning as part of the firm's ongoing nationwide expansion.
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December 20, 2024
- Buyer
- Corient
- Target
- H.M. Payson & Co.
- Industry
- Financial Services
- Location
- Maine, United States
- Type
- Buyout
Corient agreed to acquire H.M. Payson & Co. (HMP), Maine’s largest registered investment advisory firm with $7.9 billion in assets under management. The deal is expected to close in 2025 and will be Corient’s first Maine location, expanding its ability to serve clients across northern New England.
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December 18, 2024
- Buyer
- Marcy Venture Partners, Pendulum Opportunities (Pendulum Holdings)
- Target
- Marcy Venture Partners, Pendulum Opportunities (Pendulum Holdings)
- Industry
- Financial Services
- Location
- California, United States
- Type
- Buyout
Marcy Venture Partners, the VC firm co-founded by Jay-Z, has merged with Pendulum Opportunities (the investment arm of Pendulum Holdings) to create MarcyPen Capital Partners, a combined platform reporting roughly $900 million in assets under management. The combined firm will continue fundraising efforts under MarcyPen Opportunities Fund II (target $250 million), with more than $100 million reportedly secured.
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December 17, 2024
- Buyer
- Addition Financial Credit Union
- Target
- Envision Credit Union
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Buyout
Addition Financial Credit Union and Envision Credit Union announced their intent to merge under an agreement subject to National Credit Union Administration (NCUA) approval and a membership vote. The combined credit union will operate as Addition Financial, targeting nearly $4 billion in assets and serving more than 248,000 members across 38 branches in Florida and Georgia.
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December 16, 2024
- Buyer
- LPL Financial
- Target
- Stonebrook Wealth Partners, Francisco J. Blanco (advisory practice)
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Buyout
LPL Financial announced that financial advisor Francisco J. Blanco (bringing approximately $200 million in advisory, brokerage and retirement plan assets) has joined LPL's broker-dealer, RIA and custodial platforms. Blanco merged his practice with Stonebrook Wealth Management (founded by Joe Mazzucco) to form Stonebrook Wealth Partners, which will operate on LPL’s platforms to provide wealth management and retirement planning services.
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December 16, 2024
- Buyer
- Savant Wealth Management
- Target
- Source Financial Advisors
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Savant Wealth Management, a Rockford, Illinois-based fee-only RIA, has acquired New York boutique RIA Source Financial Advisors, which manages $536 million in assets. The deal closed on December 9, 2024 (terms undisclosed); Source founder Michelle Smith and several team members joined Savant as advisors and staff as part of the transition.
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December 16, 2024
- Buyer
- Farmers National Banc Corp., National Associates, Inc.
- Target
- Crest Retirement Advisors LLC
- Industry
- Financial Services
- Location
- Ohio, United States
- Type
- Buyout
Farmers National Banc Corp., through its subsidiary National Associates, Inc., completed the acquisition of Crest Retirement Advisors LLC on December 16, 2024. Crest will continue to operate from its Dublin, Ohio location and will merge with National Associates as part of Farmers' strategy to expand its wealth management and retirement plan administration capabilities in Central Ohio.
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December 15, 2024
- Buyer
- The Global Loan Agency Services Group (GLAS)
- Target
- Watiga Trust, Watiga Asia
- Industry
- Financial Services
- Location
- Singapore
- Type
- Buyout
The Global Loan Agency Services Group (GLAS) has completed its acquisition of Watiga Trust and Watiga Asia, expanding GLAS’s footprint in Singapore and the broader Asia Pacific region. The deal (announced in March and approved by the Monetary Authority of Singapore in late November) brings Watiga’s trust, corporate and fund administration capabilities into GLAS’s global loan agency and trustee offering and increases its APAC headcount to over 60 professionals.
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December 13, 2024
- Buyer
- Heritage Bancshares, Inc.
- Target
- Fidelity State Bank and Trust Company, Fidelity Kansas Bankshares, Inc.
- Industry
- Financial Services
- Location
- Kansas, United States
- Type
- Buyout
Heritage Bancshares, Inc. (Heritage Bank) and Fidelity Kansas Bankshares, Inc. jointly announced the signing of a stock purchase agreement under which Heritage Bancshares will acquire Fidelity State Bank and Trust Company. Following closing, Fidelity will be merged into Heritage Bank as the surviving entity, which is expected in Q2 2025 subject to customary approvals.
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December 11, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Sheila J. Butler & Company
- Industry
- Financial Services
- Location
- Georgia, United States
- Type
- Buyout
Arthur J. Gallagher & Co. (Gallagher) acquired Sheila J. Butler & Company (SJB), an employee benefits brokerage based in Carrollton, Georgia. The SJB team will remain in place and integrate under Gallagher’s Southeast region employee benefits consulting operations to bolster Gallagher’s benefits consulting capabilities and footprint in Georgia; terms were not disclosed.
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- Buyer
- Solstice Labs, Deus X Capital
- Target
- Bridgetower Capital GmbH
- Seller
- Bridgetower Capital GmbH
- Industry
- Financial Services
- Location
- Zug, Switzerland
- Type
- Buyout
Deus X Capital-backed Solstice Labs has acquired the assets of Switzerland-based Bridgetower Capital GmbH and launched Solstice Staking AG, a Swiss public limited company based in Zug. The acquisition brings Bridgetower's on-premises, banking-grade institutional staking infrastructure and partnerships (including Lido and Cordial Systems) under Solstice's control, with over $1 billion of ETH allocated for staking via Lido.
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- Buyer
- Signature Estate & Investment Advisors (SEIA)
- Target
- Beverly Investment Advisors
- Seller
- Beverly Investment Advisors, Canon Price
- Industry
- Financial Services
- Location
- California, United States
- Type
- Buyout
Signature Estate & Investment Advisors (SEIA) has acquired Beverly Investment Advisors, bringing founder Canon Price back to SEIA after 22 years. Price's practice — built to roughly $300 million in assets under advisement — will leverage SEIA's platform, technology and succession planning resources to serve clients and expand services.
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December 4, 2024
- Buyer
- Mercer Global Advisors
- Target
- Frango Financial
- Industry
- Financial Services
- Location
- District of Columbia, United States
- Type
- Buyout
Mercer Global Advisors (Mercer Advisors) has acquired Frango Financial, a two-person RIA that manages approximately $110 million in client assets. The deal brings an all-woman advisory team into Mercer’s national RIA platform to bolster its presence in the Washington, D.C. and Charleston metro areas and expand its women-focused financial planning capabilities.
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December 2, 2024
- Buyer
- SageView Advisory Group
- Target
- OnTrack 401(k) of Maryland
- Industry
- Financial Services
- Location
- Maryland, United States
- Type
- Buyout
SageView Advisory Group has acquired OnTrack 401(k) of Frederick, Maryland, a retirement plan consulting practice with approximately $400 million in Assets Under Advisement serving over 90 institutional clients. The acquisition, which closed on December 2, 2024, brings OnTrack principals Doug O'Rear and Cindy Brown into SageView and expands SageView’s East Coast presence with a second Maryland office.
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December 2, 2024
- Buyer
- Fleur Capital Corporation
- Target
- Simmesport State Bank
- Industry
- Financial Services
- Location
- Louisiana, United States
- Type
- Buyout
Fleur Capital Corporation and Simmesport State Bank have signed a definitive agreement under which Fleur will acquire Simmesport State Bank. The transaction is expected to close in the second quarter of 2025, subject to customary closing conditions including shareholder and regulatory approvals.
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November 29, 2024
- Buyer
- PIB Group
- Target
- Thoma Exploitatie
- Seller
- Guardian Holdings Limited
- Industry
- Financial Services
- Location
- Netherlands
- Type
- Buyout
PIB Group has acquired Thoma Exploitatie and its subsidiaries in the Netherlands, augmenting PIB's Benelux footprint alongside its existing Dutch businesses Light Insurance and Risqwise. Thoma provides commercial-lines broking, MGA capabilities and pension advisory services; the deal supports PIB's European expansion and access to local underwriting/MGA capabilities in the Benelux region.
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November 26, 2024
- Buyer
- Bitwise Asset Management
- Target
- Attestant Limited
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
Bitwise Asset Management has acquired Attestant Limited, an institutional-grade Ethereum staking provider with $3.7 billion in staked assets. The Attestant team will join Bitwise and be rebranded as Bitwise Onchain Solutions to expand Bitwise's non-custodial staking and onchain services, with initial staking offered at a $10 million minimum.
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November 21, 2024
- Buyer
- Modera Wealth Management, LLC (Modera)
- Target
- Bay Point Wealth
- Seller
- Bill Hufnell (Bay Point Wealth founder and principal)
- Industry
- Financial Services
- Location
- Maryland, United States
- Type
- Buyout
Modera Wealth Management, a fee-only comprehensive wealth management firm, announced its acquisition of Bay Point Wealth, a registered investment adviser with offices in Annapolis and Stevensville, Maryland. Bay Point Wealth’s founder and principal said transferring ownership to Modera will enhance capabilities and improve services for Bay Point’s clients.
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November 19, 2024
- Buyer
- Paxos
- Target
- Membrane Finance
- Industry
- Financial Services
- Location
- Finland
- Type
- Buyout
Paxos agreed to acquire Membrane Finance, a Finland-based Electronic Money Institution (EMI), subject to regulatory approval. The deal would make Paxos a fully licensed EMI in Finland and the EU and expand its regulated stablecoin and tokenization platform for European customers, including making its solutions compliant with MiCA.
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November 12, 2024
- Buyer
- ACA Group
- Target
- FINOP Consulting, LLC
- Industry
- Financial Services
- Location
- New Hampshire, United States
- Type
- Buyout
ACA Group has acquired FINOP Consulting, LLC, an outsourced financial operations (FinOp) firm for broker-dealers led by Dan Beaton. The acquisition enhances ACA's FinOps capabilities and integrates FINOP Consulting's services into ACA Signature to better serve broker-dealer clients under FINRA and SEC standards; financial terms were not disclosed.
-
November 12, 2024
- Buyer
- Allworth Financial
- Target
- City Fiduciary Group
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Allworth Financial has acquired City Fiduciary Group, a tax planning and wealth management firm that brings approximately $839 million in assets under management and a team of 31 professionals across Washington and Oregon. The deal expands Allworth's Pacific Northwest footprint and augments its in-house tax and wealth management capabilities; it is Allworth's seventh acquisition this year and its 38th since 2018.
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November 12, 2024
- Buyer
- ProSight Financial Association
- Target
- BAI (Bank Administration Institute), RMA (Risk Management Association)
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
BAI (Bank Administration Institute) and RMA (Risk Management Association) have combined to form ProSight Financial Association, a nonprofit trade association serving financial services professionals. The merger brings together BAI’s expertise in retail banking and compliance with RMA’s strengths in commercial banking and risk management to expand capabilities and resources for members.
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November 12, 2024
- Buyer
- Stonepeak
- Target
- Boundary Street Capital, LP
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Stonepeak agreed to acquire Boundary Street Capital, LP, a specialist private credit investment manager focused on digital infrastructure and enterprise infrastructure software and technology services for the lower middle market. The combined platform is intended to broaden Stonepeak Credit’s digital infrastructure investing capabilities and credit-linked offerings. Stonepeak later completed the acquisition in January 2025.
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November 8, 2024
- Buyer
- DFCU Financial
- Target
- Winter Park National Bank
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Buyout
DFCU Financial announced its intent to acquire Winter Park National Bank, a Winter Park, Florida-based commercial bank, expanding DFCU's Florida footprint. Winter Park National Bank, founded in 2017 with two branches and about 32 employees, will be retained under DFCU with CEO David Dotherow named Central Florida Area President; branches will be rebranded and integrated in 2025 pending regulatory approval.
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November 7, 2024
- Buyer
- Wealth Enhancement Group
- Target
- M&R Capital Management, Inc.
- Industry
- Financial Services
- Location
- New Jersey, United States
- Type
- Buyout
Wealth Enhancement Group has acquired M&R Capital Management, an independent RIA based in Summit, New Jersey that manages over $536 million in client assets. The three-advisor team (plus three support staff) will join Wealth Enhancement Group to access its centralized services and expand the firm's presence in New Jersey.
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November 6, 2024
- Buyer
- Eastside Distilling, Inc.
- Target
- Beeline Financial Holdings, Inc.
- Industry
- Financial Services
- Location
- Rhode Island, United States
- Type
- Buyout
Eastside Distilling, Inc. signed and later closed a merger with AI-powered mortgage and title technology company Beeline Financial Holdings, Inc. Eastside issued common and preferred stock to Beeline shareholders, positioning Eastside to expand into digital mortgage origination while continuing to grow its legacy craft spirits business.
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November 5, 2024
- Buyer
- J.C. Flowers & Co.
- Target
- Pepper Advantage
- Seller
- Pepper Global
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
Pepper Advantage, a global credit management firm, has agreed to be sold by its owner Pepper Global to J.C. Flowers & Co., subject to regulatory approvals and customary closing conditions. The transaction is expected to complete in the first quarter of 2025, with Pepper Advantage continuing to operate as an independent entity under its existing management team.
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November 4, 2024
- Buyer
- Vinci Partners Investments Ltd.
- Target
- Lacan Ativos Reais
- Industry
- Financial Services
- Location
- São Paulo, Brazil
- Type
- Buyout
Vinci Partners Investments Ltd. has signed and closed an agreement to acquire Lacan Ativos Reais, a Brazilian timberland investment management organization with ~R$1.5 billion AUM and management of roughly 130,000 hectares. The deal, closed November 4, 2024, includes an initial cash payment plus earnouts tied to fundraising and fee growth and will form the basis of Vinci's new forestry strategy in Latin America.
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- Buyer
- TriWest Capital Partners
- Target
- Alta West Mortgage Capital Corporation
- Industry
- Financial Services
- Location
- Alberta, Canada
- Type
- Buyout
TriWest Capital Partners completed a majority equity investment in Alta West Mortgage Capital Corporation, partnering with the company's existing management team led by CEO George Botros and Executive Chairman Charles McKitrick, who will remain significant shareholders. The investment positions Alta West to accelerate growth as a platform in the Canadian alternative residential mortgage market by leveraging TriWest's capital and operational resources to expand assets under management and product offerings.
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November 1, 2024
- Buyer
- Stout
- Target
- DebtX Analytics, Inc.
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Type
- Buyout
Stout, a global advisory firm, has acquired DebtX Analytics, a Boston-based provider of loan valuation, stress testing, and CECL analytics. The deal brings 13 DebtX Analytics employees into Stout and expands Stout's capabilities in loan portfolio valuation and regulatory stress testing for banks, insurers, private equity and government clients.
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October 31, 2024
- Buyer
- Northrim BanCorp, Inc.
- Target
- Sallyport Commercial Finance, LLC
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Northrim BanCorp, Inc. completed an all-cash acquisition of Sallyport Commercial Finance, LLC on October 31, 2024 for approximately $53.9 million. Sallyport — a Houston/Sugar Land-based specialty finance firm focused on factoring, asset-based lending and alternative working capital for SMEs — will operate as a wholly-owned subsidiary and its executive management will remain in place; Northrim expects the deal to be ~15% earnings accretive to 2025 results.
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October 31, 2024
- Buyer
- Sequoia Financial Group, LLC
- Target
- Family Asset Management
- Industry
- Financial Services
- Location
- South Carolina, United States
- Type
- Buyout
Akron, Ohio-based Sequoia Financial Group has acquired Family Asset Management (FAM), a Charleston, South Carolina-based SEC-registered investment advisory firm with roughly $300 million in assets under management. The acquisition expands Sequoia Financial's Southeast footprint and adds FAM's high-net-worth and multigenerational family advisory capabilities to Sequoia's wealth management and Sequoia Sentinel family office services; financial terms were not disclosed.
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October 30, 2024
- Buyer
- Financial Finesse
- Target
- OfColor
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Financial Finesse has acquired OfColor, a financial-wellness platform focused on improving outcomes for employees of color. The acquisition adds culturally relevant content and coaching expertise to Financial Finesse’s employer-sponsored financial coaching offerings to broaden its impact and reach.
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October 30, 2024
- Buyer
- Aquarian Holdings
- Target
- PACE Equity
- Industry
- Financial Services
- Location
- Wisconsin, United States
- Type
- Buyout
Aquarian Holdings has acquired a majority stake in PACE Equity and committed up to $1 billion of financing to scale the firm's commercial PACE (C-PACE) lending platform. The investment will expand PACE Equity's capacity to fund commercial green building projects and broaden its market reach across the U.S.
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October 29, 2024
- Buyer
- Houlihan Lokey, Inc.
- Target
- Prytania Solutions Ltd. (PSL)
- Industry
- Financial Services
- Location
- England, United Kingdom
- Type
- Buyout
Houlihan Lokey has acquired Prytania Solutions Ltd. (PSL), a London-based provider of technology-driven structured credit valuation and analytics, enhancing Houlihan Lokey's Portfolio Valuation and Fund Advisory Services with PSL's machine learning capabilities. The deal, signed and closed on 29 October 2024, expands the firm's European presence and strengthens its data-driven valuation offerings to banking and asset management clients.
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October 25, 2024
- Buyer
- Kapitus
- Target
- Ten Oaks Commercial Capital
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Kapitus acquired Ten Oaks Commercial Capital and is launching a dedicated equipment financing arm to expand its lending products for small and medium-sized businesses. The deal brings Ten Oaks’ equipment finance origination capabilities and dealer relationships into Kapitus’ platform to accelerate vendor and direct equipment financing and start on‑balance-sheet funding in early 2025.
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October 24, 2024
- Buyer
- Modern Wealth Management
- Target
- Petso Financial Consultants, LLC
- Industry
- Financial Services
- Location
- Idaho, United States
- Type
- Buyout
Modern Wealth Management has acquired Boise-based Petso Financial Consultants, a fee-only RIA with approximately $1.4 billion in AUM and a 10-person team. The asset purchase brings Modern Wealth's total AUM to over $6 billion and expands the firm's presence into the Pacific Northwest; Petso founder David Petso joins Modern Wealth as a managing director.
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October 22, 2024
- Buyer
- Komainu
- Target
- Propine Holdings Pte Ltd, Propine Technologies Pte Ltd
- Seller
- Laser Digital
- Industry
- Financial Services
- Location
- Singapore
- Type
- Buyout
Komainu, a regulated digital asset custodian and service provider, has agreed in principle to acquire Propine Holdings Pte Ltd (via Propine Technologies Pte Ltd) to expand its presence in Singapore and South-East Asia. The transaction is subject to approval by the Monetary Authority of Singapore, and Propine is expected to join Komainu’s platform under the Komainu brand.
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October 22, 2024
- Buyer
- Renasant Corporation
- Target
- The First Bancshares, Inc.
- Industry
- Financial Services
- Location
- Mississippi, United States
- Type
- Buyout
Renasant Corporation and The First Bancshares announced they have received all necessary regulatory approvals to complete the proposed merger. The companies expect to close the transaction on April 1, 2025, following shareholder approval previously obtained in October 2024.
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October 17, 2024
- Buyer
- Apex Group Ltd.
- Target
- Finix Group
- Industry
- Financial Services
- Location
- Región Metropolitana, Chile
- Type
- Buyout
Apex Group Ltd. has acquired Finix Group, a Chilean fund administration and back-office services provider, adding about 100 employees and roughly $10.5 billion in assets under administration. The deal gives Apex an entry into the Andean Latin American market (operations in Chile) and expands its fund- and asset-servicing footprint across Latin America.
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October 16, 2024
- Buyer
- TMX VettaFi
- Target
- iNDEX Research and Development
- Industry
- Financial Services
- Location
- Tel Aviv District, Israel
- Type
- Buyout
TMX VettaFi, a subsidiary of TMX Group, has acquired iNDEX Research and Development, an index provider that designs, calculates, and manages equity and fixed income indexes. The deal expands TMX VettaFi's indexing capabilities and presence in European time zones, adding iNDEX's team and ~$10 billion in linked assets to its offerings.
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October 10, 2024
- Buyer
- Hope Bancorp, Blue Hill Advisors (investor consortium)
- Target
- Territorial Bancorp
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Territorial Bancorp is pursuing a pending merger with Hope Bancorp, but Yakira Capital Management—an approximately 1.23% shareholder—urged Territorial’s board to reconsider and engage with a competing acquisition proposal from an investor consortium led by Blue Hill Advisors. Yakira argues Blue Hill’s proposal offers higher value (up to $12.50 per share, ~25% above the Hope deal) and is potentially more likely to close.
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October 9, 2024
- Buyer
- Alerus Financial Corporation
- Target
- HMN Financial, Inc., Home Federal Savings Bank
- Industry
- Financial Services
- Location
- Minnesota, United States
- Type
- Buyout
Alerus Financial Corporation completed its previously announced all-stock acquisition of HMN Financial, Inc. and its subsidiary Home Federal Savings Bank for approximately $128.8 million. The deal expands Alerus’ banking footprint into the Rochester, Minnesota MSA, makes it the largest bank acquisition in Alerus history, and adds roughly $1.1 billion in assets to the combined company; HMN board member Jeffrey Bolton joined Alerus’ board in connection with closing.
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October 8, 2024
- Buyer
- F.L.Putnam Investment Management Company
- Target
- Darwin Trust Company of New Hampshire, LLC
- Industry
- Financial Services
- Location
- New Hampshire, United States
- Type
- Buyout
F.L.Putnam Investment Management Company has completed the acquisition of Darwin Trust Company of New Hampshire, LLC, a New Hampshire‑chartered trust company. The Darwin business will retain its name and leadership under Melissa Sommer, with Massachusetts-based Darwin employees relocating to F.L.Putnam's Lynnfield headquarters while Darwin's New Hampshire staff remain in Nashua.
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October 8, 2024
- Buyer
- GCG Advisory Partners LLC
- Target
- Infinity Financial Partners LLC
- Industry
- Financial Services
- Location
- Georgia, United States
- Type
- Buyout
GCG Advisory Partners LLC has acquired Infinity Financial Partners LLC, a financial advisory firm managing over $230 million in client assets, adding a key office in the Atlanta area. The deal expands GCG AP’s total managed assets to more than $2.5 billion and strengthens its wealth-management capabilities, particularly in tax advice and succession planning.
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October 7, 2024
- Buyer
- Hub International Limited
- Target
- Creative Financial Strategies, LLC
- Industry
- Financial Services
- Location
- South Carolina, United States
- Type
- Buyout
Hub International Limited has acquired Creative Financial Strategies, LLC, a Columbia, South Carolina-based investment and financial advisory firm. The Creative Financial Strategies team, including president Terry A. Crenshaw and EVP William H. Phillips, will join Hub Carolinas to strengthen Hub's retirement and private wealth capabilities.
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