Corient to Acquire H.M. Payson & Co
December 20, 2024
Corient agreed to acquire H.M. Payson & Co. (HMP), Maine’s largest registered investment advisory firm with $7.9 billion in assets under management. The deal is expected to close in 2025 and will be Corient’s first Maine location, expanding its ability to serve clients across northern New England.
- Buyers
- Corient
- Targets
- H.M. Payson & Co.
- Industry
- Financial Services
- Location
- Maine, United States
- Transaction Type
- Buyout
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