Gordon Brothers Acquires SOLIC Capital Advisors

Berger Financial Group Acquires Robert Gordon & Associates, Inc.

February 14, 2024

Wealth Management

Minneapolis-based Berger Financial Group has acquired Springfield, Illinois–based Robert Gordon & Associates, Inc., adding the firm's investment management and strategic wealth planning capabilities to Berger's platform and bringing Berger's total client assets under management to $2 billion. The acquired team joined Berger under an Employee Stock Ownership Plan (ESOP); the deal is described as Berger's largest acquisition to date.

Bridge Investment Group Acquires 60% of Gorelick Brothers Capital and Recapitalizes SFR Portfolio

January 31, 2022

Real Estate

Bridge Investment Group Holdings Inc. acquired a 60% stake in Charlotte-based Gorelick Brothers Capital, LLC and its asset & property management business for $50 million, funded with approximately 50% cash and 50% units. Concurrently, Bridge-sponsored fund vehicles completed a $660 million recapitalization of the single-family rental (SFR) portfolio of more than 2,700 homes across 14 U.S. markets; the GBC team has joined Bridge to launch an SFR strategy on Bridge's platform.

Mercer Advisors Acquires Sanford Advisory Services, LLC

May 4, 2022

Wealth Management

Mercer Global Advisors, Inc. has acquired Sanford Advisory Services, LLC, a Portage, Michigan-based wealth management firm managing approximately $1.1 billion in AUM/A and serving about 1,100 clients. The Sanford team of ten professionals, including founders Todd Sanford, Scott Williams and Brent Kerstetter, will join Mercer as the firm expands its Central U.S. presence.

Citrin Cooperman Acquires S&G LLP

July 9, 2024

Accounting & Tax

Citrin Cooperman Advisors, LLC and Citrin Cooperman & Company LLP have acquired substantially all assets and the attest assets, respectively, of S&G LLP, a Worcester, Massachusetts-based assurance, tax and advisory firm. The deal brings five partners and more than 30 professionals into Citrin Cooperman and expands the firm's presence in New England.

MCS Acquires Five Brothers Asset Management Solutions

March 13, 2024

Real Estate

MCS has acquired Five Brothers Asset Management Solutions, integrating the family-owned property preservation firm into its national property services platform. The transaction combines complementary preservation, maintenance and technology capabilities to expand MCS’s service offering and geographic reach across mortgage servicers, single-family rental owners and reverse mortgage clients.

Summit Financial (SGP) Takes Minority Stake in Gordon Asset Management

December 23, 2024

Wealth Management

Summit Financial, via its Summit Growth Partners partnership, acquired a minority stake in Gordon Asset Management, a boutique advisory firm headquartered in Durham and Pinehurst, North Carolina. The investment will give Gordon access to Summit’s network, capital and in-house strategy resources and is intended to expand Summit’s retirement-plan capabilities and accelerate Gordon’s growth while preserving local operating control.