Wilmington plc Acquires Financial Research Associates LLC

July 7, 2015

Wilmington plc has acquired the trading assets and assumed certain liabilities of Financial Research Associates LLC (FRA), a U.S. conference and networking provider focused on healthcare and finance, for up to $20.6 million. The deal strengthens Wilmington's networking capability within its Finance and Insight divisions and expands the Group's presence in North America; FRA's founding management will remain with the business.

Buyers
Wilmington plc
Targets
Financial Research Associates LLC
Sellers
Founding management team (Lori Medlen, Ellen Wofford)
Location
North Carolina, United States
Transaction Type
Buyout

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