Orion Advisor Solutions Acquires TownSquare Capital
May 10, 2022
Orion Advisor Solutions has acquired TownSquare Capital, a Provo-based boutique investment and trading platform, adding about $6 billion in TAMP assets to Orion's wealth management business. TownSquare will operate as a wholly owned, indirect subsidiary of Orion, with TownSquare CEO Kurt Brown becoming Orion's Chief of OCIO Services; the deal expands Orion's capabilities for high-net-worth and advisor-focused investment solutions.
- Buyers
- Orion Advisor Solutions
- Targets
- TownSquare Capital
- Industry
- Financial Services
- Location
- Utah, United States
- Transaction Type
- Buyout
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