Parsonex Enterprises Acquires E. Magnus Oppenheim & Co.

EQT Private Equity and Goldman Sachs Asset Management Acquire Parexel from Pamplona Capital Management

July 2, 2021

Healthcare Services

EQT Private Equity (EQT IX) and Goldman Sachs Asset Management's Private Equity business have agreed to acquire Parexel from Pamplona Capital Management for an enterprise value of USD 8.5 billion. Parexel, a global clinical research organization co-headquartered in Durham, North Carolina and Newton, Massachusetts, employs more than 17,000 people and provides outsourced clinical development, regulatory, market access and consulting services to the pharma and biotech industry.

Perigon Wealth Management Acquires Gitterman Wealth Management and Gitterman Asset Management

October 1, 2025

Financial Services

Perigon Wealth Management has acquired Gitterman Wealth Management and Gitterman Asset Management, bringing an estimated $1.3 billion of client assets onto Perigon’s platform. Gitterman partners Jeffrey Gitterman and Eli Rauch will join Perigon as Managing Directors as the deal expands Perigon’s advisory capabilities and assets under management.

Mercer Global Advisors Acquires Paragon Wealth Strategies, LLC

December 5, 2023

Wealth Management

Mercer Global Advisors, a national RIA backed by Oak Hill Capital and Genstar Capital, has acquired Paragon Wealth Strategies, a Jacksonville-based wealth management firm managing approximately $495 million in AUM and serving over 400 clients. The deal expands Mercer’s footprint and capabilities in Florida and brings Paragon’s partners and advisory team into Mercer’s national platform.

Axis Insurance Acquires The Magnes Group

May 22, 2024

Insurance

Axis Insurance Managers Inc. has acquired The Magnes Group Inc., integrating the 100+ employee brokerage into Axis's national platform. The deal expands Axis's presence and capabilities in Ontario and Quebec, bolstering its commercial, personal, and life & benefits practice areas.

Summit Financial and Merchant Investment Management Acquire Stake in Genex Consulting

February 10, 2025

Wealth Management

Summit Financial, in collaboration with Merchant Investment Management, has acquired a minority stake in Genex Consulting, a $700 million multi-family office based in Kirkwood, Missouri. The investment gives Genex access to Summit’s advisor platform and resources (in-house attorneys, tax specialists, financial planners and investment strategists) to scale and expand its wealth management services while maintaining its independent, high-touch model.

Egon Zehnder Acquires The Prince Houston Group

July 8, 2025

Professional Services

Egon Zehnder has acquired The Prince Houston Group, a boutique New York executive search firm specializing in asset and wealth management. The deal integrates The Prince Houston Group’s specialized team into Egon Zehnder’s global leadership advisory platform to strengthen its U.S. financial services practice and expand capabilities in asset and wealth management recruitment.