GTCR Acquires AssetMark Financial Holdings in ~$2.7B Take-Private

AssetMark Financial Holdings Acquires OBS Financial

March 2, 2020

Financial Services

AssetMark Financial Holdings, Inc. completed the acquisition of OBS Financial, a $2 billion-plus turnkey asset management platform and subsidiary of Canandaigua National Corporation. The deal brings AssetMark new relationships with OBS' 300+ financial advisors and 21 banks (serving ~6,500 investors) and provides an entry into the bank trust channel to support the firm's growth strategy.

AssetMark Acquires Adhesion Wealth

December 15, 2022

Financial Services

AssetMark Financial Holdings, Inc. completed its acquisition of Adhesion Wealth, a provider of wealth-management technology and outsourced investment solutions for RIAs, TAMPs and asset managers. AssetMark paid $46 million (plus transaction costs and contingent payments) for Adhesion, which had $7.3 billion in total billable assets as of November 30, 2022; Adhesion will continue to operate commercially as a standalone business under its brand.

AssetMark Financial to Acquire Efficient Advisors From Fiduciary Services Group

November 4, 2025

Financial Services

AssetMark Financial announced it plans to acquire Efficient Advisors, an asset management platform overseeing $3 billion in client assets, from Fiduciary Services Group (FSG). The deal is intended to strengthen AssetMark’s position in the registered investment advisor (RIA) channel and expand its wealth management capabilities and advisor network.

KLH Capital Completes Management Buyout of Artmark Products Corp.

September 24, 2025

Industrial Services

KLH Capital partnered with the management team of Artmark Products Corp. and Artmark Associates, Inc. to complete a management buyout. Founded in 1945 and headquartered in Doral, Florida, Artmark is a value-added industrial distributor and global sourcing partner; management will retain equity and Jim O'Keefe will operate the company as CEO while Frank Kiernan transitions to Board Advisor.

Janus Henderson Group to be Acquired by Trian Fund Management and General Catalyst in $7.4B Take-Private

December 22, 2025

Financial Services

Janus Henderson Group plc will be acquired in an all-cash transaction valued at approximately $7.4 billion by an investor group led by Trian Fund Management and General Catalyst. Under the definitive agreement, Janus Henderson shareholders will receive $49.00 per share in cash, representing an 18% premium to the unaffected closing price on October 24, 2025.

GTCR Acquires FMG Suite from Aurora Capital Partners

September 10, 2025

Cloud & SaaS

GTCR has closed its previously announced acquisition of FMG Suite (FMG), an advisor-led marketing automation software platform for financial advisors and insurance professionals. The deal transfers ownership from Aurora Capital Partners and marks a new growth phase for FMG under GTCR’s “Leaders Strategy” approach, including plans to develop AI-enabled products and expand enterprise relationships.