Oak Hill Capital Joins Warburg Pincus in Recapitalization of Kestra Holdings
September 30, 2022
Kestra Holdings, an Austin-based wealth management platform, completed a recapitalization in which Oak Hill Capital acquired the minority equity position previously held by funds managed by Stone Point Capital, while Warburg Pincus remains the majority investor. The transaction brings a new private capital partner to support Kestra’s continued scaling, platform investments and capability expansion across its wealth management businesses.
- Buyers
- Oak Hill Capital, Warburg Pincus
- Targets
- Kestra Holdings
- Sellers
- Stone Point Capital
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Recapitalization
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