Lido Advisors Acquires Enterprise Trust & Investment Company

Lido Advisors Acquires Avitas Wealth Management

December 10, 2024

Wealth Management

Lido Advisors, a Los Angeles-based wealth advisory firm with about $24 billion in RAUM, announced it will merge in Avitas Wealth Management, a Southern California RIA with more than $1.1 billion in RAUM. The Avitas lead partners will join Lido, strengthening Lido's Los Angeles presence and expanding its multigenerational family wealth capabilities.

American Trust Company to Acquire LT Trust Company

June 24, 2021

Financial Services

American Trust Company, a retirement solutions provider for small- and mid-sized plan sponsors, has signed a definitive agreement to acquire LT Trust Company, a Denver-based national retirement plan provider and recordkeeper. The deal is subject to customary regulatory approvals and is intended to expand American Trust’s institutional outsourcing capabilities, add talent and technology, and increase its presence in the Midwest and Western U.S.

Charlesbank Capital Partners Invests in Lido Advisors

May 24, 2021

Wealth Management

Charlesbank Capital Partners has entered a strategic investment partnership with Lido Advisors, becoming a significant investor alongside Lido’s founders and management. The growth-capital investment will support Lido’s expansion of services, broaden its investment offerings, and accelerate its organic growth and M&A strategy; financial terms were not disclosed.

Berkadia Acquires LIHTC Advisors

September 3, 2020

Real Estate

Berkadia has acquired LIHTC Advisors, an Idaho-based brokerage specializing in Low Income Housing Tax Credit (LIHTC) and affordable housing transactions. The LIHTC Advisors team, led by Jeff Irish and Brandon Grisham, will join Berkadia Affordable to expand Berkadia's affordable housing advisory and investment-sales capabilities and broaden its market presence.

Align Capital Partners Acquires Electronic Transaction Consultants (ETC)

August 10, 2020

Transportation

Align Capital Partners, a growth-oriented private equity firm, has acquired Electronic Transaction Consultants (ETC), a Richardson, Texas-based provider of tolling and intelligent transportation systems. The partnership will support ETC’s expansion into adjacent mobility markets and accelerate development and commercialization of its riteSuite mobility products and managed services.

Accenture Acquires InvestTech Systems Consulting

January 31, 2017

IT Services

Accenture has acquired InvestTech Systems Consulting, a Los Angeles-based specialist in investment technology systems integration and consulting, to expand its asset-management consulting and systems-integration capabilities. Financial terms were not disclosed; 7 Mile Advisors served as InvestTech’s exclusive sell-side advisor.