Betterment Acquires Rowboat Advisors

Betterment Acquires Makara (Argonaut Asset Management)

February 8, 2022

Wealth Management

Betterment agreed to acquire Argonaut Asset Management Inc., d/b/a Makara, bringing Makara’s SEC-registered crypto portfolio management capabilities and team into Betterment’s platform. The acquisition lets Betterment offer expert-built, diversified cryptocurrency portfolios to retail customers and financial advisors, accelerating the firm’s entry into digital assets.

Broadridge Financial Solutions Acquires AdvisorTarget

May 30, 2024

Data & Analytics

Broadridge Financial Solutions acquired AdvisorTarget to integrate advisor behavioral intent data into its data and analytics suite, enhancing digital marketing and sales targeting for asset managers and wealth firms. The deal expands Broadridge’s capability to pair advisor intent with asset-holding insights to drive more precise distribution and engagement strategies.

Borrow A Boat Acquires KellyBoat

September 27, 2022

Transportation

UK-based boat rental marketplace Borrow A Boat has acquired US peer-to-peer charter platform KellyBoat to accelerate its expansion in the United States. The deal will add KellyBoat's local expertise and inventory in New England and Florida markets to Borrow A Boat's global platform as the company opens an in-person US office to serve its fastest-growing market.

Permira Acquires Majority Stake in Boats Group from Apax Partners

December 29, 2020

E-Commerce

A company backed by the Permira funds has agreed to acquire a majority stake in Boats Group from funds advised by Apax Partners. Boats Group, a Miami-based online classifieds marketplace and technology provider for the recreational marine industry (brands include YachtWorld, Boat Trader and boats.com), will partner with Permira to expand internationally and develop new products and services; financial terms were not disclosed.

Wealth Enhancement Group Acquires Adirondack Retirement Specialists, Inc.

November 16, 2023

Financial Services

Wealth Enhancement Group acquired Adirondack Retirement Specialists, Inc., a hybrid RIA based in Queensbury, New York, bringing a team of two advisors and three support staff and approximately $272 million in client assets. The deal expands Wealth Enhancement Group's presence in the Northeast and adds retirement-focused advisory capabilities to its national wealth management platform.

MarineMax Acquires Boatzon to Expand Digital Retail Capabilities

January 5, 2023

E-Commerce

MarineMax, through its technology arm New Wave Innovations, has completed the acquisition of Boatzon, an online boat and marine digital retail platform that integrates financing and insurance. The deal brings Boatzon's FinTech and InsureTech capabilities into MarineMax's digital portfolio to accelerate online boat purchasing and improve customer experience across its global dealer and marina network.