Matrixport Acquires Crypto Finance (Asset Management) AG (CFAM)

Sequoia Financial Group Acquires Family Asset Management

October 31, 2024

Financial Services

Akron, Ohio-based Sequoia Financial Group has acquired Family Asset Management (FAM), a Charleston, South Carolina-based SEC-registered investment advisory firm with roughly $300 million in assets under management. The acquisition expands Sequoia Financial's Southeast footprint and adds FAM's high-net-worth and multigenerational family advisory capabilities to Sequoia's wealth management and Sequoia Sentinel family office services; financial terms were not disclosed.

Macquarie Asset Management Acquires AMP Capital's Global Equities and Fixed Income Business

March 28, 2022

Wealth Management

Macquarie Asset Management (MAM), part of Macquarie Group, agreed to acquire AMP Capital's Global Equities and Fixed Income (GEFI) business for up to A$185 million and has completed financial close. The deal transfers roughly A$47 billion (reported)–A$60 billion (earlier estimate) of AuM, expands MAM's public investment capabilities and increases its pro‑forma AuM to approximately A$720 billion.

CI Private Wealth (CI Financial) Acquires Matrix Capital Advisors

December 1, 2021

Financial Services

CI Private Wealth, a division of CI Financial Corp., has acquired Matrix Capital Advisors, a Chicago-based registered investment advisor that manages approximately US$615 million in assets. The deal expands CI's U.S. wealth management footprint and adds high-net-worth client relationships and experienced advisory personnel to its CI Private Wealth platform; financial terms were not disclosed.

Macquarie Capital Principal Finance Invests in Matrix Networks Group

February 17, 2020

Infrastructure

Macquarie Capital Principal Finance has made a growth capital investment in Matrix Networks Group to support expansion of its specialist utility infrastructure services and connection asset ownership across the UK. The investment will help Matrix accelerate growth plans, expand its asset adoption programme and increase delivery of gas, electricity and water installations for industrial and commercial real estate developments.

Matrix42 Acquires FireScope

July 7, 2020

Software

Frankfurt-based Matrix42 has acquired FireScope, a U.S.-based provider of cloud asset intelligence and IT service management, to strengthen its digital workspace management and asset-discovery capabilities. The deal deepens Matrix42's product portfolio and supports its expansion into the U.S. market; FireScope CEO Steven Cotton will join Matrix42 as Vice President and General Manager, Americas.

Begbies Traynor Group Acquires MAF Finance Group

May 10, 2021

Financial Services

Begbies Traynor Group plc has acquired finance broker MAF Finance Group (formerly Midlands Asset Finance) in a transaction worth up to £11.75 million. MAF — a South Normanton, Derbyshire–based team of 46 finance specialists that arranged over £150 million of finance last year — will continue trading under the MAF brand as a ringfenced broker within Begbies, expanding Begbies Traynor’s financing advisory and broking capabilities nationwide.