Modern Capital Acquires Western Equity Group, Inc.
March 16, 2020
Modern Capital, a Charleston-based diversified financial services firm, has entered into a definitive agreement to acquire Western Equity Group, Inc., an SEC-registered, FINRA-member broker-dealer. The acquisition will expand Modern Capital’s retail and institutional trading capabilities and establish a capital markets desk; Western Equity Group will be renamed Modern Capital Securities Co. and its personnel will join Modern upon closing (subject to FINRA approval).
- Buyers
- Modern Capital
- Targets
- Western Equity Group, Inc.
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
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