Prospera Financial Services Acquires Cutter & Company

Arthur D. Little Acquires Cutter Consortium and Presans

June 1, 2020

Consulting

Arthur D. Little (ADL) acquired US-based Cutter Consortium and France-based Presans to expand its open consulting and open problem solving capabilities. Both businesses will continue to operate under their current brands and management while leveraging ADL's global footprint, investment and technology platform to accelerate AI-driven offerings and industrial innovation.

Waverly Advisors Acquires Prosper Financial Advisers

November 10, 2023

Wealth Management

Waverly Advisors, a fee-only registered investment adviser backed by Wealth Partners Capital Group and HGGC’s Aspire platform, has acquired Prosper Financial Advisers of St. Petersburg, Florida. The deal closed on November 10, 2023, adds approximately $146 million of AUM to Waverly (bringing total AUM to about $7.7 billion) and brings founder Rhonda Holifield and her all-female team into Waverly to expand the firm’s Florida presence.

Evertree Insurance Acquires Prosper Insurance

November 2, 2023

Insurance

Evertree Insurance Services has acquired Virginia Beach-based Prosper Insurance, finalizing the transaction on November 1, 2023. The deal expands Evertree's Mid-Atlantic footprint and brings Prosper's technology and ~99-person team onto Evertree's tech-enabled personal-lines brokerage platform to accelerate embedded partnership capabilities nationwide.

Alera Group Acquires Alper Services LLC

August 11, 2020

Insurance

Alera Group acquired Alper Services LLC effective August 1, 2020, expanding Alera's presence in Chicago and the Midwest. Alper Services — a Chicago-area insurance broker focused on property & casualty, trade credit, employee benefits and claims services — will join Alera through GCG Financial and continue serving clients in their existing roles; terms were not disclosed.

Celero Commerce Acquires Finical

October 11, 2023

Payments & Fintech

Nashville-based Celero Commerce has acquired Dallas-based Finical, a provider of electronic payments technology for small and mid-sized businesses. The deal expands Celero's capabilities and scale in payments processing — bringing its pro forma annual card volume to roughly $25 billion — and marks Celero's tenth acquisition since launching in 2018.

Litera Acquires Prosperoware

January 18, 2022

Software

Litera has entered into a definitive agreement to acquire Prosperoware, an enterprise software provider that delivers collaboration adoption and governance solutions for legal teams. The acquisition will integrate Prosperoware’s platform with Litera’s legal workflow and collaboration tools to improve matter creation, governance and secure collaboration across systems; financial terms were not disclosed and Prosperoware founders will join Litera.