Simplicity Group Acquires Blue Ocean Financial Network
May 5, 2022
Simplicity Group, a Summit, New Jersey-based financial product distribution partnership, has acquired Northern California-based Blue Ocean Financial Network. Blue Ocean will transition to the Simplicity brand with co-founder Christopher Yen joining the Simplicity partnership and continuing to run day-to-day operations, expanding Simplicity’s distribution and underwriting capabilities in the Northern California market.
- Buyers
- Simplicity Group
- Targets
- Blue Ocean Financial Network
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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