Goldman Sachs Acquires United Capital Financial Partners
May 16, 2019
The Goldman Sachs Group agreed to acquire United Capital Financial Partners, Inc. for $750 million in cash. The acquisition expands Goldman's wealth management business by adding United Capital's ~220+ financial advisors, $25 billion AUM and its FinLife CX digital platform; the deal was expected to close in Q3 2019 subject to regulatory approvals.
- Targets
- United Capital Financial Partners, Inc.
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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