Valeas Capital Partners Backs Sequoia Financial Group with $200M Minority Investment
October 19, 2022
San Francisco-based Valeas Capital Partners has committed more than $200 million to acquire a minority stake in Akron, Ohio-based Sequoia Financial Group, joining existing minority investor Kudu Investment Management. Sequoia — which will remain majority employee-owned — will use the capital to accelerate organic and inorganic growth, invest in technology and expand client services.
- Buyers
- Valeas Capital Partners, Kudu Investment Management
- Targets
- Sequoia Financial Group
- Industry
- Financial Services
- Location
- Ohio, United States
- Transaction Type
- Growth capital
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