Arax Investment Partners Acquires Cedrus Financial
January 27, 2025
Arax Investment Partners, a RedBird-backed wealth management platform, has acquired Cedrus Financial, a Littleton, Colorado-based RIA managing about $1 billion in AUM. Cedrus will operate within Arax’s Advisory Partners coalition to access operational synergies, technology, and scale to support growth; financial terms were not disclosed.
- Buyers
- Arax Investment Partners
- Targets
- Cedrus Financial
- Platforms
- Arax Investment Partners
- Industry
- Financial Services
- Location
- Colorado, United States
- Transaction Type
- Addon
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