iM Global Partner Acquires Litman Gregory
March 9, 2021
iM Global Partner entered into a definitive agreement to acquire Litman Gregory, a San Francisco Bay Area wealth and asset management boutique overseeing roughly $6.2 billion in assets, with regulatory approval expected in Q2 2021. Rosemont Partners III, LP agreed to sell its minority equity interest as part of the transaction; iM Global Partner plans to operate Litman Gregory as a separate business unit to preserve its independence and client relationships.
- Buyers
- iM Global Partner
- Targets
- Litman Gregory
- Sellers
- Rosemont Partners III, LP (Rosemont)
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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