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
Location
Illinois, United States
Transaction Type
Growth capital

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