Genstar Capital Reinvests in Cetera Financial Group

Genstar Capital Leads Recapitalization of Cerity Partners

June 13, 2022

Wealth Management

Genstar Capital led a recapitalization of Cerity Partners, with existing investor Lightyear Capital remaining invested. The transaction will support Cerity Partners' continued growth and strategic expansion as the wealth management firm scales its services across the U.S.

Cetera Financial Group Acquires BAR Financial LLC

January 13, 2021

Financial Services

Cetera Financial Group has acquired BAR Financial LLC, a financial services firm comprising nearly 300 independent financial professionals, 25 employees, and about $4 billion in AUM. BAR will transition to a Cetera-owned, region-managed group while retaining brand autonomy; BAR's founding partners will serve as Regional Directors for three years to ensure a smooth succession.

Cetera Acquires MAGIS Financial Partners

March 9, 2021

Financial Services

Cetera Financial Group has acquired MAGIS Financial Partners, a Philadelphia-area RIA managing roughly $490 million in client assets, and will transition MAGIS’s separate RIA onto the Cetera platform. The deal, which supports succession for MAGIS’s ownership group and aims to fuel growth for the firm’s producers led by President Steven Zimmerman, was not disclosed financially; MAGIS was previously owned by a Genstar portfolio company.

Cetera Acquires Plains Wealth Management

January 29, 2026

Financial Services

Cetera Financial Group has completed the acquisition of Plains Wealth Management, a Houston-based independent wealth management practice that oversees approximately $400 million in client assets. The Plains team will join The Retirement Planning Group (TRPG), Cetera's employee-based RIA, expanding TRPG's footprint into the Houston market and providing the Plains team with growth and succession options.

Genstar Capital Takes Majority Stake in Aperture, LLC

January 8, 2025

Professional Services

Genstar Capital has made a strategic majority investment in Aperture, LLC, a national provider of forensic expert witness and litigation support services headquartered in Arlington, Texas. The partnership will provide capital and resources to accelerate Aperture’s growth, expand service offerings, and support further M&A activity across new and existing markets.

Genstar Capital Reinvests in Association Member Benefits Advisors (AMBA) with Management

August 2, 2021

Insurance

Genstar Capital has reinvested out of its most recent fund in Association Member Benefits Advisors (AMBA), partnering with AMBA's management team to provide new equity capital. The recapitalization will support AMBA's continued organic growth, pursuit of add-on acquisitions, geographic expansion, and broadening of product offerings; AMBA is headquartered in Austin, Texas and serves association members across 40+ states.