Promus Equity Partners and Estancia Capital Acquire PMA Financial Network

PMA Financial Acquires Miles Capital

January 29, 2020

Financial Services

PMA Financial Network has reached a definitive agreement to acquire substantially all assets of Miles Capital, Inc. from Chairman David Miles and other employee owners and investors. Miles Capital is an independent, SEC-registered investment adviser managing approximately $1.7 billion in AUM; the deal was expected to close in Q1 2020 and terms were not disclosed.

Flexpoint Ford and TA Associates Back Combination of Public Trust Advisors and the PMA Companies to Form PTMA Financial Solutions

March 26, 2025

Financial Services

Private equity firms Flexpoint Ford and TA Associates have backed the combination of Public Trust Advisors, LLC and the PMA Companies to create a new integrated financial services firm, PTMA Financial Solutions. The combined organization, led by CEO Todd Alton with Executive Chairman Jim Davis, serves over 12,000 local governments and public entities across the United States and employs more than 270 people; terms were not disclosed.

PMA Securities Acquires Municipal Advisory Business of Crystal Financial Consultants

December 23, 2021

Financial Services

The Public Finance Group of PMA Securities, LLC acquired the municipal advisory business of Crystal Financial Consultants, Inc. from principal owner Dr. Robert Grossi. Crystal — a top-10 Illinois school municipal advisor — will transition its MA clients to PMA while Dr. Grossi continues to provide non-MA consulting services under the new name Illuminate, Inc.

Morgan Stanley Capital Partners Acquires Project Management Academy

June 18, 2019

Education

Investment funds managed by Morgan Stanley Capital Partners completed an investment in Project Management Academy (also referred to as Educate 360 Holdings, LLC), with CEO Jason Cassidy and the existing management team remaining in place and retaining an equity stake. The transaction — a sale by Leeds Equity Partners — will support PMA's expansion into new markets, product portfolio growth and strategic M&A; terms were not disclosed.

Brailsford & Dunlavey Merges with Project Management Advisors (PMA)

December 10, 2025

Engineering Services

BCP-backed Brailsford & Dunlavey (B&D) and Project Management Advisors (PMA) have merged to form an integrated institutional program management and real estate advisory platform. The combined firm—supported by Bernhard Capital Partners—brings together more than 450 professionals and expands geographic reach and sector capabilities across higher education, healthcare, life sciences, civic projects and energy infrastructure.

Product Marketing Alliance Acquires Sequel Media

September 13, 2021

Education

Product Marketing Alliance (PMA), a global product marketing community and education platform, has acquired Sequel Media, an in-person events business that runs summit series such as Product Marketing World and Sales Enablement World. The deal brings Sequel’s live-event capabilities into PMA’s education portfolio to expand in-person, hybrid, and on-demand learning and community offerings.