Summit Financial / Summit Growth Partners Makes Minority Investment in Midway Wealth Partners ($550M AUM)
December 15, 2024
Summit Financial, through its Summit Growth Partners (SGP) partnership, made a strategic minority investment in Midway Wealth Partners, a Chicagoland-based wealth advisory team managing approximately $550 million in client assets. Midway will continue to operate under its existing leadership while gaining access to Summit's platform resources, capital, and multi-family office services to support growth and expand Summit's presence in Illinois.
- Buyers
- Summit Financial, Summit Growth Partners (SGP)
- Targets
- Midway Wealth Partners
- Industry
- Financial Services
- Location
- Illinois, United States
- Transaction Type
- Growth capital
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