Ascentis Wealth Management Brings Kevin Gray's Advisory Practice onto Platform

UKG Acquires Ascentis Corporation

March 9, 2022

Cloud & SaaS

UKG Inc. has acquired Ascentis Corporation, a full-suite HR and workforce management software provider headquartered in Eden Prairie, Minnesota. The deal brings several hundred Ascentis employees (including staff in Montevideo, Uruguay) and roughly 4,800 customers into UKG, strengthening UKG's HCM, payroll and workforce management capabilities.

Wealth Enhancement Acquires VanceGray Wealth Management

December 31, 2024

Financial Services

Wealth Enhancement has acquired VanceGray Wealth Management, an independent RIA that oversees over $409 million in client assets and maintains locations in Bangor and Ellsworth, Maine. The acquisition closed on December 31, 2024, establishes Wealth Enhancement's first location in Maine and increases the firm's total client assets to more than $102.1 billion. The VanceGray team of four advisors and six support staff will join Wealth Enhancement.

Edgewater Equity Partners Acquires Ascent Technologies

January 18, 2024

Cloud & SaaS

Edgewater Equity Partners, a Boston-based private equity firm, has acquired Ascent Technologies, a Chicago-headquartered provider of AI-enabled compliance automation for financial services. The acquisition will support accelerated development of Ascent's regulatory compliance platform and expansion of its AI-driven capabilities for financial institutions.

CW Advisors Acquires Aspire Wealth Management and Fernwood Investment Management

February 3, 2025

Wealth Management

CW Advisors (CWA) acquired Aspire Wealth Management (Waltham, MA) and Fernwood Investment Management (Quincy, MA), adding more than $800 million of AUM to the CWA platform. The deals closed in January 2025 and expand CWA's Boston-area footprint; terms were not disclosed and Fernwood was represented by Surfside Capital.

Ascend (Alpine Investors-backed) Adds BiggsKofford to Accounting Platform

November 3, 2025

Accounting & Tax

Ascend, a private equity-backed platform for regional accounting firms, announced the addition of Colorado accounting firm BiggsKofford to its national Ascend platform. The deal brings nine partners and more than 40 staff across Colorado Springs and Denver to Ascend (backed by Alpine Investors); terms were not disclosed and BiggsKofford will operate with an alternative practice structure for attest and non-attest services.

Wesco International Acquires Ascent LLC for $185 Million

November 3, 2024

Infrastructure

Wesco International has acquired Ascent LLC, a data center facility management and services provider, for a cash-free, debt-free purchase price of $185 million. Ascent—headquartered in St. Louis with more than 300 employees and ~$115 million in trailing twelve-month sales—adds site operations, engineering, liquid-cooling capabilities and a proprietary Navigator platform to Wesco's data center solutions portfolio.