Kelso & Company Takes 25% Minority Stake in Wellington-Altus Financial Inc.

Kelso & Company Acquires WilliamsMarston from Align Capital Partners

August 30, 2022

Accounting & Tax

Kelso & Company (via its Kelso Fund XI) has agreed to acquire WilliamsMarston LLC from Align Capital Partners. WilliamsMarston is a Boston-based accounting, tax, valuation and managed SEC services advisor that grew significantly under ACP (expanding to multiple geographies, adding service lines and completing six add-on acquisitions) and will partner with Kelso to accelerate its next phase of growth.

Kelso & Company Invests in Pathstone; Lovell Minnick Partners Continues Support

May 27, 2023

Wealth Management

Kelso & Company completed a strategic equity investment in Pathstone in May 2023, joining existing investor Lovell Minnick Partners which is increasing its capital commitment. Pathstone, an independent wealth management and family office advisory firm with more than 350 employees across 17 offices and over $80 billion in client assets, will use the capital to invest in people, technology, and to accelerate its growth and M&A strategy while management continues to run day-to-day operations.

Valeas Capital Partners Backs Sequoia Financial Group with $200M Minority Investment

October 19, 2022

Financial Services

San Francisco-based Valeas Capital Partners has committed more than $200 million to acquire a minority stake in Akron, Ohio-based Sequoia Financial Group, joining existing minority investor Kudu Investment Management. Sequoia — which will remain majority employee-owned — will use the capital to accelerate organic and inorganic growth, invest in technology and expand client services.

Altas Partners Joins Genstar and Oak Hill as Strategic Investor in Mercer Advisors

June 6, 2023

Wealth Management

Altas Partners has made an equity investment in Mercer Advisors, joining existing strategic investors Genstar Capital and Oak Hill Capital alongside employee-owners. The investment will support Mercer Advisors' continued growth and capability expansion across its national RIA platform headquartered in Denver.

Equisoft Acquires U.K. Pension and Investment Solutions Provider Altus

July 5, 2021

Financial Services

Equisoft, a Montreal-based digital solutions provider to the financial industry, has acquired U.K.-based Altus, a Bath-headquartered provider of investment and pension management products and services. The acquisition adds a first European location to Equisoft's operations, expands its pension and investment product portfolio and brings Altus' client base and expertise into Equisoft's global digital solutions offering.

Kelso & Company Acquires Majority Interest in Emtec, Inc.

August 31, 2022

IT Services

Funds managed by Kelso & Company acquired a majority interest in Emtec, Inc., a Jacksonville-based IT consulting and digital services firm. The transaction closed in August 2022; Emtec's existing management (led by CEO Sunil Misra) remains in place and continues as significant investors while Kelso provides capital to accelerate growth and broaden capabilities.