Constellation Wealth Capital Makes Strategic Growth Investment in AlphaCore Wealth Advisory

Constellation Wealth Capital Makes Strategic Minority Investment in Procyon Partners

April 17, 2025

Wealth Management

Constellation Wealth Capital acquired a minority stake in Procyon Partners to provide growth capital and strategic resources to help the RIA scale operations, attract talent, and expand its national footprint. Procyon Partners will remain independently operated and retains support from back‑office partner Dynasty Financial Partners; Houlihan Lokey and Dynasty Investment Bank advised on the transaction.

Constellation Wealth Capital Makes Minority Investment in BIP Wealth

February 25, 2026

Wealth Management

Atlanta-based registered investment advisor BIP Wealth has secured a strategic minority investment from Constellation Wealth Capital to support organic and inorganic growth, accelerate its acquisition strategy, and enhance its advisor support platform while maintaining independence. The capital partnership will help fuel future partnerships and acquisitions, particularly across the Southeast and other targeted growth markets.

AlphaCore Wealth Advisory Acquires SPC Financial

October 27, 2025

Financial Services

AlphaCore Wealth Advisory has acquired SPC Financial, a Rockville, Maryland-based wealth advisory and tax-services firm, bringing approximately $1.5 billion in client assets and nearly 40 professionals to AlphaCore. The deal expands AlphaCore's East Coast presence, deepens its in-house tax-planning capabilities, and brings the combined firm to over $8.5 billion in client assets and more than 100 employees.

Capital Constellation Acquires Minority Stake in Avista Capital Partners

January 12, 2021

Financial Services

Capital Constellation, a group of institutional investors managed by Wafra Inc., acquired a minority ownership interest in New York-based private equity firm Avista Capital Partners. The strategic investment provides Avista with growth capital to expand its healthcare-focused investment platform and increase commitments to its funds; Houlihan Lokey and Kirkland & Ellis served as advisors on the transaction.

TZP Group Makes Strategic Growth Investment in Constellation Advisers

February 18, 2020

Financial Services

TZP Group (via TZP Small Cap Partners I, L.P.) made a significant strategic growth investment in Constellation Advisers, an outsourced and co‑sourced investment management services provider headquartered in New York. Constellation’s founders and senior management remain in place with meaningful retained equity, and the investment will be used to enhance the firm’s technology, processes, controls and human capital to support expanded institutional capabilities and client growth.

AlphaCore Wealth Advisory Acquires Magnolia Lane Financial Advisors

January 1, 2023

Financial Services

AlphaCore Wealth Advisory, a San Diego–based wealth advisory firm, has acquired Greenwich-based Magnolia Lane Financial Advisors and will open its first East Coast offices in Greenwich, CT and Hilton Head, SC. Magnolia Lane founder Eric Gerster joins AlphaCore as Chief Investment Strategist to help lead the firm's East Coast expansion and investment strategy offerings.