Hightower Holding Acquires Majority Interest in NEPC

Victory Capital Acquires New Energy Capital Partners

September 13, 2021

Financial Services

Victory Capital Holdings, Inc. agreed to acquire 100% of New Energy Capital Partners (NEC), adding NEC as its 11th investment franchise and launching an alternative investments platform focused on clean energy infrastructure. NEC, a Hanover, New Hampshire–based alternative asset manager specializing in debt and equity investments in clean energy projects, will operate within Victory Capital's centralized operating and distribution infrastructure.

H.I.G. Infrastructure Acquires Tower Engineering Professionals

April 13, 2023

Engineering Services

H.I.G. Infrastructure, an investment fund managed by H.I.G. Capital, has completed the acquisition of Tower Engineering Professionals (TEP) from Prairie Capital V. TEP, headquartered in Raleigh, North Carolina, is a multi-discipline engineering and maintenance services provider to tower, mobile network and telecom infrastructure customers across the U.S. and Canada; Audax Private Debt provided second-lien financing to support the transaction.

New England Private Wealth Advisors Acquires DHK Financial Advisors ($1.6B AUM)

September 3, 2025

Wealth Management

New England Private Wealth Advisors (NEPWA) has acquired DHK Financial Advisors, an RIA based in Portsmouth, New Hampshire, which manages $1.6 billion in assets as of June 30, 2025. The deal expands NEPWA's institutional/OCIO capabilities and geographic footprint across New England, creating a combined firm with nearly $5 billion in assets under management.

TC Wealth Partners Acquires EFG Advisors

February 8, 2023

Wealth Management

TC Wealth Partners, supported by parent Hightower Advisors, has acquired EFG Advisors, adding about $800 million in AUM and creating a combined firm with roughly $2 billion in AUM. EFG will operate under the TC Wealth Partners name and the transaction is intended to expand the combined firm's wealth, estate and life-insurance planning capabilities across the Chicago area and beyond.

Hunter Point Capital Makes Strategic Minority Investment in MidOcean Partners

November 1, 2021

Financial Services

Hunter Point Capital (HPC) has made a strategic, minority growth investment in MidOcean Partners, a New York–based alternative asset manager specializing in middle-market private equity and alternative credit. MidOcean’s management and day-to-day operations will remain unchanged; the partnership is intended to provide strategic capital and expertise to support MidOcean’s long-term growth, including expansion of its credit business.

Teneo Acquires Majority Stake in WestExec Advisors

June 8, 2022

Consulting

Teneo has acquired a majority stake in WestExec Advisors to broaden and scale its advisory services. WestExec, a Washington, D.C.-based strategic advisory firm founded in 2017, brings expertise in geopolitics, national security, cybersecurity and strategic communications and has grown to over 40 team members.