AND Capital Ventures Acquires Next Chapter Advisory Group

BharCap Partners Invests in GCG Advisory Partners

September 10, 2025

Financial Services

BharCap Partners made a strategic recapitalization investment in GCG Advisory Partners, the parent of GCG Wealth Management, with GCG management rolling over significant equity. The transaction provides capital to accelerate GCG's M&A-driven acquisition strategy and Monetize & Scale platform; prior investor LNC Partners exited its investment.

LNC Partners Makes Strategic Growth Investment in GCG Advisory Partners

July 28, 2022

Wealth Management

LNC Partners, a private equity firm, made a strategic growth investment in GCG Advisory Partners to accelerate GCG’s acquisition pace and support its “Monetize & Stay” platform strategy. The capital will help GCG expand its succession and liquidity solutions for advisor practices and enhance its technology and back/middle-office capabilities.

Banyan Software Acquires Next Chapter Technology

July 14, 2021

Software

Banyan Software acquired Next Chapter Technology, a Minnesota-based provider of CaseWorks electronic document and forms management software for county Health and Human Services departments. Cherry Tree advised the shareholders on the 100% sale; Banyan intends to invest in and grow Next Chapter's product and expand its reach beyond Minnesota.

Concurrent Investment Advisors Acquires Next Retirement Solutions

December 12, 2025

Wealth Management

Concurrent Investment Advisors completed the full acquisition of Next Retirement Solutions, a retirement-advisory practice overseeing roughly $10 billion in plan assets and about 150,000 plan participants. The deal brings Next Retirement’s retirement-plan capabilities in-house as Concurrent expands its retirement services and organic growth channels.

CW Advisors Acquires Capital Management Services and CHB Investment Group

September 3, 2025

Financial Services

CW Advisors, an SEC‑registered investment advisor and subsidiary of Osaic, has acquired two Pennsylvania RIAs — Capital Management Services (CMS) and CHB Investment Group — adding $575 million in assets under management. The deals expand CW Advisors’ presence in Pennsylvania and increase its AUM to approximately $14.5 billion; terms were not disclosed.

Madison Dearborn Partners Takes Significant Ownership Position in NextGen Healthcare

May 2, 2025

Healthcare Services

Madison Dearborn Partners (MDP) has signed an agreement and later completed an acquisition of a significant ownership position in NextGen Healthcare. Thoma Bravo retains a significant stake, and both firms will partner with NextGen Healthcare’s management to accelerate growth, including higher annual R&D investment and expansion of AI-driven capabilities.