MAI Capital Management Acquires Winfield Associates
June 24, 2022
MAI Capital Management (MAI) has acquired Winfield Associates, a financial planning and wealth management firm, in a deal that closed June 24, 2022. The acquisition adds more than $368 million of assets under management to MAI, brings Winfield's key executives into MAI’s leadership team, and expands MAI’s presence in the Cleveland market as part of its ongoing M&A growth strategy under Galway Holdings.
- Buyers
- MAI Capital Management
- Targets
- Winfield Associates
- Platforms
- MAI Capital Management
- Industry
- Wealth Management
- Location
- Ohio, United States
- Transaction Type
- Addon
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MAI Capital Management Acquires Madison Wealth Management
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MAI Capital Management Acquires Prime Investment Advisors
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MAI Capital Management Acquires Investment Planning Associates
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MAI Capital Management Acquires Storey & Associates
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Galway Holdings Invests in MAI Capital Management
August 16, 2021
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Galway Holdings announced an investment in MAI Capital Management, adding a wealth and financial management vertical to Galway’s platform and enabling MAI to accelerate organic growth and M&A. MAI’s executive team will remain in place, Wealth Partners Capital Group will retain an equity stake, and Galway — backed by private equity investors including Carlyle, Oak Hill and Harvest — will integrate MAI’s services with its EPIC insurance distribution capabilities.
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