Daybright Financial Acquires The Platinum 401k, Inc.

Daybright Financial Acquires Hessel & Associates, LLC

August 26, 2025

Financial Services

Daybright Financial has acquired Hessel & Associates, LLC, a Lincolnshire, Illinois–based pension consulting firm and third-party administrator (TPA). The deal expands Daybright's Private Sector Retirement Solutions presence into the Midwest, with Hessel founder's daughter Brooke Hessel Cline continuing as Managing Partner within Daybright.

Daybright Financial Acquires Spectrum Pension Consultants, Inc.

July 24, 2025

Financial Services

Daybright Financial has acquired Tacoma-based Spectrum Pension Consultants, Inc. and its affiliated companies (GROUPIRA, Incentive Benefits, Integrity Pension Services, ProTPA, and Qualified Pension Consultants). The deal expands Daybright’s Private Sector Retirement Solutions footprint in the Pacific Northwest and brings Spectrum’s retirement administration capabilities and proprietary technology into Daybright’s platform, with Spectrum leadership continuing as managing partners.

Platinum Equity Acquires Sunrise Medical from Nordic Capital

October 16, 2024

Medical Devices

Platinum Equity has signed a definitive agreement to acquire Sunrise Medical Group, a Germany-headquartered global manufacturer and distributor of assistive mobility products, from Nordic Capital. The buyout (expected to close in Q3 2024) positions Platinum to pursue a buy-and-build strategy to expand Sunrise's geographic footprint—particularly in North America—and to accelerate product and operational investments.

Merit Financial Advisors Acquires ClearBridge Wealth Management

December 6, 2023

Wealth Management

Merit Financial Advisors has acquired ClearBridge Wealth Management, an Atlanta-based wealth advisory firm led by founder Preston Byers, adding approximately $300 million of client assets. The deal expands Merit's presence in the Atlanta market and brings Preston Byers and his operations and client support team into Merit as partners and advisors.

Creative Planning Acquires Mesirow's Corporate Retirement Advisory Services Team

October 31, 2023

Financial Services

Creative Planning has acquired Mesirow Financial's corporate retirement advisory services team, bringing a team that serves over 350 retirement plans with approximately $13 billion in assets under advisement. The move expands Creative Planning's Retirement Services capabilities and scale, integrating experienced retirement specialists into its platform.

OneDigital Acquires Retirement Services Division of BayBridge Capital Group

March 24, 2025

Financial Services

OneDigital Investment Advisors LLC has acquired the Retirement Services Division of BayBridge Capital Group in Pleasanton, California. The deal expands OneDigital's financial services and retirement capabilities in the San Francisco Bay Area while the remaining BayBridge wealth-management business will continue to operate under the BayBridge name.