Homrich Berg Receives Strategic Minority Investment From TPG Growth

New Mountain Capital Makes Minority Investment in Homrich Berg

July 30, 2021

Financial Services

New Mountain Capital (via New Mountain Strategic Equity I, L.P.) has made a minority growth investment in Atlanta-based wealth management firm Homrich Berg to support ownership succession and accelerate the firm's growth and capability expansion. Homrich Berg’s founders and current owners retain majority ownership and will continue to operate the independent, fee-only RIA focused on high-net-worth individuals, families and institutions.

Homrich Berg Acquires Oakbridge Partners (RIA) for Expansion in Metro Atlanta

April 4, 2022

Financial Services

Homrich Berg (HB) announced it is expanding in metro Atlanta by acquiring Oakbridge Partners, a $1.5 billion fee-only RIA based in Buckhead. Upon closing, the firms expect combined assets under management of more than $13 billion, with Oakbridge’s principals and team joining HB.

Homrich Berg Closes Acquisition of WMS Partners (HB Wealth Management)

January 16, 2025

Financial Services

HB Wealth Management (Homrich Berg) has closed its acquisition of WMS Partners, a $6.4 billion AUM multi-family office and registered investment adviser headquartered in Towson, Maryland. The deal integrates WMS into HB Family Office, expanding HB’s mid-Atlantic footprint and enhancing its family office service offerings for ultra-high-net-worth families.

TPG Capital Makes Minority Investment in Creative Planning

September 30, 2024

Wealth Management

TPG Capital has made a substantial minority growth investment in Creative Planning, a leading independent wealth management firm, joining existing investor General Atlantic. Terms were not disclosed; Creative Planning CEO Peter Mallouk will remain in place and retain a majority stake. The capital will support continued expansion and enhancement of the firm's wealth-management and planning-led service offerings.

TPG (via TPG NEXT) Announces Strategic Minority Investment in Demopolis Equity Partners

November 13, 2024

Financial Services

TPG will make a strategic minority growth investment in Demopolis Equity Partners through its TPG NEXT strategy, providing growth capital and operational support to help scale the Demopolis platform. Demopolis, a technology-focused lower-middle-market private equity firm founded in 2022, will gain access to TPG's capital formation, capital markets, sourcing, and diligence capabilities.

H.I.G. Capital Makes Growth Investment in Homewerks Worldwide

May 13, 2021

Building Products

H.I.G. Capital affiliate completed a growth investment in Homewerks Worldwide, a Lake Bluff, Illinois-based developer, sourceer and marketer of kitchen, bathroom and plumbing home improvement products. The investment will partner H.I.G. with CEO Peter Berkman and management to fund new product development, expand sales, marketing and distribution capabilities, and pursue organic and inorganic growth across the fragmented home improvement market.