Miracle Mile Advisors Combines with Karp Capital; Corsair Capital Makes Strategic Investment
September 16, 2022
Miracle Mile Advisors and Karp Capital Management announced a combination to form a national wealth advisory firm managing over $4 billion in assets. The combined company will receive a significant investment from private equity firm Corsair Capital as part of a recapitalization to accelerate growth and support future acquisitions.
- Buyers
- Corsair Capital, Miracle Mile Advisors
- Targets
- Karp Capital Management, Miracle Mile Advisors
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Recapitalization
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