Long Ridge Equity Partners Leads Growth Investment in RFG Advisory
August 2, 2023
Long Ridge Equity Partners led a growth capital investment in RFG Advisory, a turn-key platform for independent financial advisors that supports more than 100 advisors and oversees over $4 billion in assets. The investment will fund enhancements to RFG’s technology and go-to-market capabilities and support executive team expansion; Andrew Cedar and Doug Nelson will join the Board of Managers.
- Buyers
- Long Ridge Equity Partners
- Targets
- RFG Advisory
- Industry
- Wealth Management
- Location
- Alabama, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Long Ridge Equity Partners Makes £100m+ Growth Investment in QX Global Group
July 10, 2024
Professional Services
QX Global Group, a UK-headquartered business process management and consulting provider, secured a growth investment of over £100 million from US growth equity firm Long Ridge Equity Partners. The capital will support QX's platform development and global expansion; the deal includes leadership changes with Abid Neemuchwala joining as Chairman and founder Chris Robinson stepping down from the board.
-
Long Ridge Equity Partners Makes Minority Growth Investment in Pacific Crest Services
May 6, 2025
Insurance
Long Ridge Equity Partners has made a minority growth investment in Pacific Crest Services (PCS), a turn-key insurance platform that provides back-office support, technology, carrier access, and compliance resources to independent insurance agents. The investment—Long Ridge's first deployment from Fund IV—will support PCS's next phase of growth; Long Ridge partners Jason Melton and Devin Stearns will join the PCS board and Jim Brown will join as a board observer.
-
Long Ridge Equity Partners Makes Minority Growth Investment in Drawbridge
March 11, 2021
Cybersecurity
Long Ridge Equity Partners has made a minority growth capital investment in Drawbridge, a cybersecurity software provider serving the alternative investment industry. The investment will support Drawbridge's global expansion, accelerate product innovation, and grow its client base; Long Ridge will also place Kevin Bhatt and Jason Melton on Drawbridge's board.
-
Long Ridge and DRW VC Lead Majority Growth Investment in NinjaTrader
January 6, 2020
Software
NinjaTrader, a provider of trading software and brokerage services for active retail futures traders, received a majority growth investment led by Long Ridge Equity Partners with participation from DRW Venture Capital. The capital will be used to accelerate NinjaTrader's product and market expansion while Long Ridge partners join the company's board to support growth.
-
Wealth Enhancement Group Acquires Retirement Advisory Group
November 8, 2023
Financial Services
Wealth Enhancement Group, a national independent wealth management firm, announced the acquisition of Retirement Advisory Group, a hybrid RIA based in Eden Prairie, Minnesota, bringing roughly $150 million in client assets and a five-person team into Wealth Enhancement's platform. The deal expands Wealth Enhancement Group's Twin Cities presence and increases its assets under management.
-
Long Ridge Equity Partners Makes $100M Minority Growth Investment in AuthenticID
July 26, 2021
Cybersecurity
Long Ridge Equity Partners led a $100 million minority growth investment in AuthenticID to support the company's R&D, go-to-market efforts, and expansion across telecommunications, financial services, government, and other consumer segments. The funding is intended to accelerate AuthenticID's automated AI-based identity proofing platform and support the next generation of digital identity solutions; Long Ridge's Jim Brown will join the company's board.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.