Luxury Asset Capital Acquires and Re-Launches Borro Private Finance

Luxury Asset Capital Acquires Beverly Loan Company and New York Loan Company

March 24, 2022

Financial Services

Luxury Asset Capital has acquired Beverly Loan Company (Beverly Hills, CA) and New York Loan Company (Midtown Manhattan), combining them with its Borro platform to create the nation's largest privately-held luxury collateral loan portfolio. The deal adds prominent brick-and-mortar presence in Los Angeles and New York and expands Luxury Asset Capital's alternative lending capabilities for affluent, high-net-worth clients.

Cerberus Capital Management Acquires BROCC Finance AB

October 30, 2025

Financial Services

Cerberus Capital Management has completed its acquisition of BROCC Finance AB following regulatory approval from the Swedish Financial Supervisory Authority. Cerberus will back BROCC to accelerate its Nordic consumer finance business and expand into European non-performing loan (NPL) asset management as a specialised debt restructurer, with BROCC planning to acquire NPL portfolios and meet SDR-compliant prudential ratios by the end of 2025.

Shawbrook Group Acquires JBR Capital

June 19, 2024

Financial Services

Shawbrook Group plc has agreed to acquire JBR Capital (JBR Auto Holdings Ltd), a specialist motor finance lender focused on premium and luxury vehicles. The deal gives Shawbrook an entry into the premium motor finance market, complementing its regulated motor finance capabilities and leveraging JBR's tech-driven underwriting and dealer origination network (JBR has originated over £1bn since launch).

LPL Financial Acquires Minority Stake in Private Advisor Group

November 20, 2025

Wealth Management

LPL Financial Holdings Inc. has acquired a minority ownership stake in Private Advisor Group, the Morristown, New Jersey–based RIA with $41.3 billion in AUM. Republic Capital Group served as the investment banking advisor to Private Advisor Group. The investment joins LPL with existing minority owner Merchant Investment Management and six legacy shareholders to deepen strategic ties and expand programs, technology, and operational support for advisors.

Prime Capital Financial Acquires Bradshaw Rogers Financial Partners

January 23, 2026

Financial Services

Prime Capital Financial has acquired Bradshaw Rogers Financial Partners, a Salisbury, North Carolina-based wealth management firm with roughly $600 million in assets under management. The seven-person Bradshaw Rogers team — including founders Trent Bradshaw and Brandon Rogers — will join Prime Capital as partners, strengthening Prime Capital's planning-first and tax-integrated offering and expanding its footprint in the Carolinas.

LPL Financial Acquires Crown Capital Securities' Wealth Management Business

May 8, 2024

Wealth Management

LPL Financial has closed its acquisition of the wealth management business of Crown Capital Securities, L.P., a full-service broker-dealer and registered investment advisor based in Orange County, California. Approximately 125 advisors representing about $1.3 billion of brokerage and advisory assets have been onboarded to LPL as of May 8, 2024, with roughly $3.7 billion expected to transfer in the coming months.