7-Tool Advisor (One Seven) Acquires College Funding Evolution

MGO and One Seven Merge; Merchant Makes Minority Investment in One Seven

August 3, 2022

Wealth Management

MGO Investment Advisors and One Seven have merged to combine their advisory teams and assets under management, creating a firm that now manages $2.8 billion across 11 U.S. states. As part of the strategic combination, Merchant Investment Management made a minority, non-controlling growth investment in One Seven to support durability and accelerate the combined firm's expansion and advisor-focused initiatives.

Alpine Investors Acquires FEV Tutor

July 19, 2022

Education

Alpine Investors has acquired FEV Tutor, a leading K-12 online tutoring and EdTech services provider, in a deal with undisclosed terms. Alpine will install Jim Tormey (from its CEO-in-Residence program) as CEO while FEV co-founders Anirudh Baheti and Ryan Patenaude remain in leadership as the firm helps scale FEV's reach to disadvantaged K-12 students and invest in its products and teams.

OneGoal Acquires DecidED from Moneythink

September 5, 2024

Education

OneGoal announced the acquisition of DecidED, a free online college cost comparison tool developed by the nonprofit Moneythink. The tool will be integrated into OneGoal’s postsecondary advising offerings to help students, families and advisors compare college costs, financial aid and fit factors to improve affordability and reduce stopouts.

FutureFuel.io (Candidly) Acquires College Finance Company

June 15, 2022

Financial Services

FutureFuel.io (now rebranded as Candidly) has acquired College Finance Company, a multi-lender marketplace for education financing, and announced a corporate rebrand to expand from student-debt management into full lifecycle education expense and financial-wellness services. The deal brings College Finance Company's marketplace capabilities into Candidly's AI-driven platform and adds Kevin Walker (College Finance Company co-founder/CEO) to Candidly's leadership as co-founder and president to support growth and product expansion.

CION Investment Group Acquires Seven Group (rebranding as Advisor I/O)

July 25, 2022

Marketing & Advertising

CION Investment Group has acquired a full stake in Seven Group, a financial-advisor marketing, practice management, and content platform that will rebrand as Advisor I/O. The acquisition expands CION’s advisor-focused value-add services and builds on its retail distribution capabilities; Seven Group’s existing leadership and team will remain in place to continue supporting advisors with content, coaching, and technology.

Edelman Financial Engines Acquires Cahill Wealth Management

May 5, 2025

Financial Services

Edelman Financial Engines (EFE) has acquired Cahill Wealth Management, a Kalamazoo, Michigan-based registered investment advisor managing approximately $426 million for 125 clients. The deal expands EFE’s Midwest presence and deepens its capabilities serving executives in the pharmaceutical and life sciences industries; Cahill will be fully integrated under the EFE brand.