Recent Financial Services Acquisitions
Acquisition Volume in Financial Services by Year
Last 5 years
Financial Services transactions cover a range of sub‑sectors including fintech, wealth management RIAs, banking, insurance distribution, third‑party administration and private credit. Recent examples include Bitwise Asset Management acquiring staking provider Chorus One, Nicolet Bankshares merging with MidWestOne, and the Qatar Investment Authority investing in 5C Investment Partners.
Buyers include strategic platforms, sovereign and institutional investors, and acquisitive advisory firms. Common themes are capability builds (technology, underwriting, recordkeeping), geographic expansion of branch or advisor footprints, and targeted growth investments to scale private credit and distribution platforms.
What Stands Out
- Activity spans multiple subsectors: fintech and digital platforms, banks and branch consolidation, RIAs and wealth teams, TPAs/recordkeepers, MGAs and insurance distribution.
- Deals often add capabilities or platforms — e.g., staking technology and engineering talent (Chorus One into Bitwise), digital underwriting platforms (Lumen Holdings into The Vistria Group) and recordkeeping/TPA scale (Future Planning Associates into Fiduciary Services Group).
- Geography is predominantly U.S. (Texas, New York, Iowa, Vermont, West Virginia, Alabama, Ohio, California, Florida) with select international activity (Zug, Switzerland).
- Buyer types range from sovereign/institutional investors (e.g., Qatar Investment Authority), private equity and platform sponsors (e.g., The Vistria Group, MPowered Capital), to strategic consolidators and recurring industry buyers (e.g., Simplicity Group, listed recurring firms).
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- Buyer
- Freedom Superior LLC
- Target
- Seneca Mortgage Servicing LLC, Seneca Mortgage Servicing LLC and related entities
- Seller
- EJF Capital LP
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Freedom Mortgage Corporation’s indirect parent company, Freedom Superior LLC, has signed a definitive agreement to acquire Seneca Mortgage Servicing LLC and related entities from EJF Capital LP. The deal will combine Seneca’s mortgage servicing rights (MSR) platform and team with Freedom’s existing mortgage servicing operations to improve operational efficiency and expand the servicing/investment platform.
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March 20, 2026
- Buyer
- Crédit Mutuel Arkéa, ProCapital
- Target
- Societe Generale Securities Services (SGSS) — retail securities services custody account-keeping delegation activity
- Seller
- Societe Generale
- Industry
- Financial Services
- Location
- France
- Type
- Divestiture
Societe Generale (via its Societe Generale Securities Services, SGSS) signed a memorandum of understanding with Crédit Mutuel Arkéa for the divestment of SGSS’s French retail securities services custody account-keeping delegation activity. The acquisition will be completed through Crédit Mutuel Arkéa’s subsidiary ProCapital, which is expected to become the securities services provider for BoursoBank and Societe Generale Private Banking in France, with completion expected in 2028 subject to approvals and employee consultation.
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March 20, 2026
- Buyer
- CrossCountry Mortgage
- Target
- Summit Funding, Inc.
- Industry
- Financial Services
- Location
- California, United States
- Type
- Buyout
CrossCountry Mortgage has entered into an agreement to acquire Summit Funding, a privately held mortgage banker and servicer headquartered in Sacramento, California. The deal is intended to expand CrossCountry Mortgage’s reach and resources for Summit’s workforce of loan originators across the U.S.
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- Buyer
- Evernorth Holdings, Inc., Armada Acquisition Corp. II
- Target
- Evernorth Holdings, Inc.
- Seller
- Armada Acquisition Corp. II shareholders (redeemed/not redeemed shares referenced)
- Industry
- Financial Services
- Location
- Nevada, United States
- Type
- Buyout
Evernorth Holdings, a newly formed Nevada corporation focused on creating an institutional XRP treasury vehicle, announced a proposed business combination with Armada Acquisition Corp. II. The combined entity is expected to be publicly listed on Nasdaq under the ticker XRPN, raising over $1 billion in gross proceeds to fund open-market XRP purchases, liquidity and related treasury/DeFi yield strategies.
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March 18, 2026
- Buyer
- GSR
- Target
- Autonomous, Architech
- Industry
- Financial Services
- Type
- Buyout
GSR announced it has acquired digital asset advisory firms Autonomous and Architech in a $57 million deal to build a full-service, integrated capital markets and treasury platform for crypto. Autonomous will continue operating under its existing brand within the GSR group, while Architech will help establish GSR Digital Asset Advisory and expand treasury/capital markets services across the token lifecycle.
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March 18, 2026
- Buyer
- Esquire Financial Holdings
- Target
- Signature Bancorporation
- Industry
- Financial Services
- Location
- Illinois, United States
- Type
- Buyout
Esquire Financial Holdings announced a definitive, all-stock agreement to acquire Signature Bancorporation for approximately $348.4 million. The merger combines Esquire’s national, litigation-focused banking platform with Signature’s established Midwest (Chicago) relationship banking franchise, targeting a combined institution with roughly $4.8 billion in assets at closing.
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March 16, 2026
- Buyer
- Bain Capital Private Equity
- Target
- Perpetual Wealth Management Group
- Seller
- Perpetual
- Industry
- Financial Services
- Location
- Australia
- Type
- Buyout
Perpetual has entered into a binding agreement to sell its Wealth Management business (the Perpetual Wealth Management Group) to Bain Capital Private Equity. The deal values the business at A$500 million upfront, with additional contingent payments based on performance, including an earnout of up to A$50 million.
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March 16, 2026
- Buyer
- New Providence Acquisition Corp. III, Abra Financial Holdings (as the operating company in the combined public entity)
- Target
- Abra Financial Holdings
- Seller
- Adams Street, Blockchain Capital, Pantera Capital, RRE Ventures, SBI
- Industry
- Financial Services
- Location
- United States
- Type
- Growth capital
Abra Financial Holdings announced plans to become a publicly traded company through a business combination with special purpose acquisition company New Providence Acquisition Corp. III. The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital, with shares expected to trade on Nasdaq under ticker ABRX after closing.
-
- Buyer
- Maridea Wealth Management
- Target
- Chichester Financial Group, LLC
- Seller
- John J. Chichester Jr. (Founder of Chichester Financial Group, LLC)
- Industry
- Financial Services
- Location
- Arizona, United States
- Type
- Buyout
Maridea Wealth Management announced it has acquired Chichester Financial Group (CFG), a Phoenix-based advisory firm focused on tax-smart financial planning and tax-aware investment strategies. The deal expands Maridea’s Phoenix presence to two offices and strengthens its retirement plan and tax-efficient planning capabilities.
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March 14, 2026
- Buyer
- Charlesbank Capital Partners
- Target
- Overbay Capital Partners
- Industry
- Financial Services
- Location
- Ontario, Canada
- Type
- Growth capital
Overbay Capital Partners announced it has entered into a definitive agreement for a strategic growth investment from funds managed by Charlesbank Capital Partners. Financial terms were not disclosed, and Overbay’s existing leadership team is expected to remain significant long-term shareholders with full control and independence over investment activities.
-
- Buyer
- Home Bancshares, Inc.
- Target
- Mountain Commerce Bancorp, Inc.
- Industry
- Financial Services
- Location
- Tennessee, United States
- Type
- Buyout
Home Bancshares, Inc. will acquire Mountain Commerce Bancorp, Inc. through a proposed merger. Mountain Commerce Bancorp shareholders approved the deal, and—subject to remaining closing conditions—the transaction is expected to close in early Q2 2026.
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March 13, 2026
- Buyer
- Waverly Advisors
- Target
- McBride Financial Advisors
- Seller
- Michael McBride
- Industry
- Financial Services
- Location
- Alabama, United States
- Type
- Buyout
Waverly Advisors, a registered investment adviser based in Birmingham, Alabama, acquired McBride Financial Advisors, a Seahurst, Washington-based wealth management firm managing approximately $181 million in assets under management as of year-end 2025. The deal closed on March 13, 2026, and founder Michael McBride joined Waverly as a Wealth Advisor to expand service capabilities while maintaining the firm’s personalized advisory model.
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March 13, 2026
- Buyer
- NewEdge Capital Group, NewEdge Advisors
- Target
- Stonegate Investment Group
- Industry
- Financial Services
- Location
- Alabama, United States
- Type
- Addon
Stonegate Investment Group, an advisory firm overseeing about $6 billion in client assets, has affiliated with NewEdge Advisors’ registered investment advisor platform under the Pillar Channel program. The affiliation adds a 13-person advisory team to NewEdge Advisors and pushes the Pillar Channel program beyond $14 billion in client assets.
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March 13, 2026
- Buyer
- Cox Capital Partners, Saba Capital Management, L.P.
- Target
- Blue Owl Capital Corporation II (OBDC II)
- Industry
- Financial Services
- Location
- United States
- Type
- Growth capital
Blue Owl Capital Corporation II (OBDC II) said its board unanimously recommends shareholders reject an unsolicited minority tender offer from Cox Capital Partners and Saba Capital Management for up to 8,000,000 shares at a price of about $30 million (under 7% of outstanding shares). The board argues the offer undervalues OBDC II by offering a discount of roughly 33.2% to net asset value (NAV) and would limit shareholders’ ability to receive future distributions and potential appreciation.
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March 13, 2026
- Buyer
- Savills
- Target
- Eastdil Secured
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Savills has signed a definitive agreement to acquire all equity of Eastdil Secured, a global real estate investment bank, for an enterprise value of $1.1125 billion. The deal is expected to close subject to customary regulatory and closing conditions and is intended to expand Savills’ capital markets advisory presence by integrating Eastdil Secured’s investment banking capabilities into its global real estate advisory platform.
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March 13, 2026
- Buyer
- The Charles Schwab Corporation
- Target
- Forge Global Holdings, Inc.
- Seller
- Motive Capital, Deutsche Börse
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Charles Schwab entered into a definitive agreement to acquire Forge Global Holdings for approximately $660 million. The deal values Forge at $45 per share in cash and is expected to close in the first half of 2026, subject to customary approvals.
-
- Buyer
- Gen Digital
- Target
- Trellis
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
Gen Digital announced it has acquired Trellis, a technology-driven platform that simplifies and automates insurance shopping, to expand the insurance capabilities of its Engine embedded financial wellness marketplace. Trellis’ AI-driven insurance matching technology (from the Savvy platform) is expected to be integrated into Engine to deliver more personalized insurance recommendations through Gen’s partner ecosystem.
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March 12, 2026
- Buyer
- Creative Planning
- Target
- Duncan & Haley, Ltd.
- Industry
- Financial Services
- Location
- Washington, United States
- Type
- Buyout
Creative Planning, a registered investment advisor (RIA), announced it has acquired Duncan & Haley, Ltd., an RIA headquartered in Seattle, Washington. The deal adds approximately $660 million in assets under management (AUM) to Creative Planning and expands its wealth management capabilities spanning tax, estate, retirement planning, and trust services.
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March 12, 2026
- Buyer
- ServBanc Holdco, Inc., Servbank, National Association
- Target
- IF Bancorp, Inc., Iroquois Federal Savings and Loan Association, Iroquois Federal Savings and Loan Association (bank subsidiary referenced as “Iroquois Federal”)
- Industry
- Financial Services
- Location
- Illinois, United States
- Type
- Buyout
ServBanc Holdco, Inc. (the holding company for Servbank) completed its acquisition of IF Bancorp, Inc. (NASDAQ: IROQ) and its subsidiary Iroquois Federal Savings and Loan Association. The deal expands Servbank’s Illinois footprint into central Illinois and includes integration of Servbank’s subservicing platform, technology, and personnel. Former IF Bancorp branch offices will continue operating under the Iroquois Federal name until customer and data conversion is completed (anticipated in Q4 2026).
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March 12, 2026
- Buyer
- Associated Banc-Corp
- Target
- American National Corporation, American National Bank
- Industry
- Financial Services
- Location
- Nebraska, United States
- Type
- Buyout
Associated Banc-Corp announced it has received all required regulatory approvals to complete its previously announced merger with American National Corporation, including American National Bank. The company expects the merger to close on April 1, 2026, subject to customary closing conditions, and plans to convert American National systems, branches, and customers to Associated in Q3 2026.
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March 11, 2026
- Buyer
- Security Financial Management (SFM), Bluespring Wealth Partners
- Target
- Pittman Financial Group
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Addon
Bluespring Wealth Partners announced that Pittman Financial Group and its team, led by founder Page Pittman, will merge into Security Financial Management (SFM), an existing Bluespring partner firm. The move expands SFM’s advisor base and grows total assets managed by SFM advisors to approximately $1.3B, while supporting advisor succession planning and continuity for Pittman’s clients.
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March 11, 2026
- Buyer
- ACA Group
- Target
- FX Transparency
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Type
- Buyout
ACA Group, a governance, risk, and compliance (GRC) advisor to financial services firms, announced it has acquired FX Transparency (FXT), a provider of foreign exchange (FX) transaction cost analysis (TCA) and best execution analytics. The deal builds on ACA’s 2025 acquisition of Global Trading Analytics (GTA) and is intended to deepen ACA’s FX capabilities within a cross-asset TCA platform.
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- Buyer
- Inszone Insurance Services
- Target
- Jaffery Insurance & Financial Services
- Seller
- Cyrus Jaffery (Founder, Jaffery Insurance & Financial Services)
- Industry
- Financial Services
- Location
- Nebraska, United States
- Type
- Buyout
Inszone Insurance Services acquired Jaffery Insurance & Financial Services, an independent insurance agency based in Omaha, Nebraska, marking Inszone’s entry into the Nebraska market. Jaffery Insurance’s clients will continue working with the same agents while gaining access to Inszone’s broader carrier network, tools, and nationwide resources.
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March 9, 2026
- Buyer
- Journey Financial Group, Inc.
- Target
- Lone Star Bank
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Journey Financial Group, Inc. has signed a definitive agreement to acquire Lone Star Bank. The boards of both companies have approved the deal, which is expected to close in late Q2 or early Q3 2026, subject to customary conditions including Lone Star shareholder approval and regulatory approvals.
-
- Buyer
- Arthur J. Gallagher & Co., Risk Placement Services, Inc. (RPS)
- Target
- S Philips Surety & Insurance Services, Inc.
- Industry
- Financial Services
- Location
- California, United States
- Type
- Buyout
Arthur J. Gallagher & Co. (NYSE: AJG) announced that its U.S. wholesale brokerage, Risk Placement Services, Inc. (RPS), has acquired Agoura Hills, California-based S Philips Surety & Insurance Services, Inc. Terms were not disclosed. The S Philips team will remain in its current location under the direction of Jeremy Crawford, head of RPS’s surety bond operations.
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- Buyer
- Quadcode
- Target
- Game 7, LLC
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Growth capital
Quadcode acquired a significant strategic stake in Game 7, LLC, the parent company behind FPFXTech.com, PropAccount.com, BullRush.com, and GooeyTrade.com. The partnership is intended to accelerate innovation in proprietary trading, prediction markets, and gamified retail trading experiences.
-
- Buyer
- ELGA Credit Union
- Target
- Marine Bancorp of Florida, Inc., Marine Bank & Trust Company
- Industry
- Financial Services
- Location
- Michigan, United States
- Type
- Buyout
ELGA Credit Union completed its acquisition of Marine Bancorp of Florida, Inc., the holding company for Marine Bank & Trust Company. Under the terms of the agreement, Marine Bank shareholders received $43.75 in cash per share, and Marine Bank was rebranded as Marine – A Division of ELGA Credit Union.
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March 9, 2026
- Buyer
- Underdog
- Target
- Aristotle Exchange DCM, Inc., Aristotle Exchange DCO, Inc.
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Underdog has acquired Aristotle Exchange DCM, Inc. and Aristotle Exchange DCO, Inc., which are CFTC-registered a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO). The deal enables Underdog to operate its own federally compliant prediction market exchange and list/clear sports event contracts directly.
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- Buyer
- Farmers National Banc Corp.
- Target
- Middlefield Banc Corp.
- Industry
- Financial Services
- Location
- Ohio, United States
- Type
- Buyout
Farmers National Banc Corp. (NASDAQ: FMNB) signed a definitive agreement to acquire Middlefield Banc Corp. (NASDAQ: MBCN) in an all-stock merger. Middlefield will merge with and into Farmers, with each Middlefield share converted into the right to receive 2.6 shares of Farmers common stock, subject to shareholder and regulatory approvals.
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March 6, 2026
- Buyer
- Concord
- Target
- Finley Technologies
- Seller
- Jeremy Tsui (Founder and CEO of Finley Technologies)
- Industry
- Financial Services
- Location
- Arizona, United States
- Type
- Buyout
Concord, a provider of credit administration servicing and software, acquired Finley Technologies, which develops credit facility management software for banks, asset managers, and corporate borrowers. The acquisition adds Finley’s Credit Management System to Concord’s capital markets administration platform to automate borrowing base calculations, covenant monitoring, credit agreement administration, portfolio analytics, and investor reporting.
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- Buyer
- Wealth Enhancement
- Target
- The H Group, FocusPoint Solutions
- Industry
- Financial Services
- Location
- Oregon, United States
- Type
- Buyout
Wealth Enhancement, an independent wealth management firm, announced it is acquiring The H Group and its affiliated practice FocusPoint Solutions. The acquired businesses oversee more than $6.7 billion in client assets and are led by founder Chris Hicks, based in Portland, Oregon.
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March 6, 2026
- Buyer
- King Risk Partners
- Target
- PRL Associates
- Seller
- John Lavo, Steve Carr
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Addon
King Risk Partners, an insurance brokerage, is expanding its Northeast footprint by acquiring PRL Associates, an insurance agency based in Endicott, New York. The deal is positioned as strengthening King Risk Partners’ capabilities in New York while maintaining local support and client-first service.
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- Buyer
- Hightower Advisors
- Target
- Journey Strategic Wealth
- Industry
- Financial Services
- Location
- Illinois, United States
- Type
- Addon
Hightower Advisors entered into an agreement to acquire Journey Strategic Wealth, adding about $5 billion in assets under management to its Hightower Signature Wealth (HTSW) platform. The transaction is expected to close at the end of the month/first quarter, expanding HTSW’s national footprint and capabilities for both clients and advisors.
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March 5, 2026
- Buyer
- MSCI Inc.
- Target
- Compass Financial Technologies
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
MSCI announced it has acquired Compass Financial Technologies, an index services provider specializing in index calculation for alternative and multi-asset classes. The deal is intended to strengthen MSCI’s index calculation and customization capabilities for complex multi-asset and alternative index strategies, including commodities and cryptocurrencies. Financial terms were not disclosed.
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March 4, 2026
- Buyer
- DV Group, LLC
- Target
- TradeLink Holdings LLC
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
DV Group completed a business combination with TradeLink Holdings, integrating TradeLink’s proprietary trading business into DV Trading. More than eighty TradeLink team members are joining DV, with the combined platform aimed at expanding DV’s global footprint and strengthening its market making/proprietary trading infrastructure.
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- Buyer
- Mariner
- Target
- Cowell Insurance Services (CIS)
- Seller
- Lance Cowell (Cowell Insurance Services)
- Industry
- Financial Services
- Location
- Kansas, United States
- Type
- Buyout
Mariner, a national financial services firm, announced it has acquired Cowell Insurance Services (CIS), a property and casualty (P&C) insurance provider based in Overland Park, Kansas. The acquisition adds business and individual risk advisory capabilities to Mariner’s “One Mariner” ecosystem, integrating insurance planning with broader financial advisory services.
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- Buyer
- A-MAX Insurance
- Target
- Best Buy Insurance
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
A-MAX Insurance acquired Best Buy Insurance, an Arizona-based insurance agency founded in 1996. The deal marks A-MAX’s first physical expansion into Arizona, pairing its digital scale with an established local brick-and-mortar operation to accelerate regional growth.
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- Buyer
- Aspen Standard Wealth, LLC
- Target
- BlueSky Wealth Advisors, LLC
- Industry
- Financial Services
- Location
- North Carolina, United States
- Type
- Buyout
Aspen Standard Wealth, a holding company and long-term partner for independent registered investment advisers, acquired BlueSky Wealth Advisors, a New Bern, North Carolina-based fee-only RIA with $1 billion in assets under management. The transaction is framed as Aspen’s “permanent home” model that preserves BlueSky’s identity and leadership while supporting long-term growth.
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- Buyer
- First Manhattan
- Target
- Beddow Capital Management
- Industry
- Financial Services
- Location
- Wyoming, United States
- Type
- Buyout
First Manhattan, a New York-based registered investment advisor with more than $36 billion in assets under management, announced that Beddow Capital Management has joined the firm. Founder Edward Beddow will join First Manhattan as senior managing director and portfolio manager, continuing to advise clients from Jackson, Wyoming.
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March 3, 2026
- Buyer
- Barrenjoey Capital Partners, Magellan Financial Group
- Target
- Magellan Financial Group, Barrenjoey Capital Partners
- Industry
- Financial Services
- Location
- Australia
- Type
- Buyout
Barrenjoey Capital Partners announced its intention to merge with Magellan Financial Group (ASX-listed) to form a diversified financial services company spanning public and private markets. The combined group will offer corporate finance, fixed income, equities, research, and investment management support to clients, with Barrenjoey leadership and Magellan’s investment management leadership integrated into the post-completion management structure.
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- Buyer
- Texans Credit Union
- Target
- Las Colinas Federal Credit Union
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Texans Credit Union announced a merger with Las Colinas Federal Credit Union to expand its North Texas presence. The combined organization will add three branches and more than 10,000 members, serving approximately 150,000 members across 14 locations under the Texans Credit Union brand.
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- Buyer
- Cornerstone Capital Bancorp, Inc., Cornerstone Capital Bank
- Target
- Peoples Bancorp, Inc., Peoples Bank
- Seller
- Larry Allen (former Chairman and CEO of Peoples Bank; joined boards after closing)
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Cornerstone Capital Bancorp, Inc., the holding company for Cornerstone Capital Bank, signed and later completed the acquisition of Peoples Bancorp, Inc., the holding company for Peoples Bank of Lubbock, Texas. The merger creates a combined Texas-focused growth platform with more than $3.4 billion in assets, retaining all Peoples Bank branches and employees and integrating Peoples Bank as a division of Cornerstone.
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March 3, 2026
- Buyer
- EP Wealth Advisors
- Target
- Thompson Wealth Management
- Seller
- Neal Thompson (Founder & CEO) and Thompson Wealth Management team of six (named as joining EP Wealth)
- Industry
- Financial Services
- Location
- Arizona, United States
- Type
- Buyout
EP Wealth Advisors partnered with Thompson Wealth Management in a deal that adds over $300 million in assets under management (AUM) and expands EP Wealth’s Arizona footprint. Thompson Wealth Management, founded in 2010 and focused on serving federal employees, will join EP Wealth along with its founder and six-person team; financial terms were not disclosed.
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- Buyer
- HBT Financial, Inc.
- Target
- CNB Bank Shares, Inc., CNB Bank Trust, N.A., CNB Bank
- Industry
- Financial Services
- Location
- Illinois, United States
- Type
- Buyout
HBT Financial, Inc. completed its merger with CNB Bank Shares, Inc., the holding company for CNB Bank. Following the transaction, CNB became a wholly-owned subsidiary of HBT, and CNB Bank merged into HBT’s subsidiary Heartland Bank. The combined organization expands HBT Financial’s footprint across central Illinois and the Chicago and St. Louis metro areas.
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February 28, 2026
- Buyer
- Coincheck Group N.V.
- Target
- 3iQ Corp.
- Seller
- Monex Group, Inc.
- Industry
- Financial Services
- Location
- Ontario, Canada
- Type
- Buyout
Coincheck Group N.V., the Nasdaq-listed holding company behind Japan’s Coincheck exchange, has acquired approximately 97% beneficial ownership of Canada-based alternative digital asset manager 3iQ Corp. via a stock purchase agreement with Coincheck’s majority shareholder Monex Group (as seller). The deal closed on February 28, 2026, following a signing announcement on January 8, 2026.
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February 27, 2026
- Buyer
- Savant Wealth Management
- Target
- Heritage Financial
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Type
- Buyout
Savant Wealth Management partnered with Heritage Financial, a Massachusetts-based wealth management firm with $3.9 billion in AUM. The majority employee-owned firms’ teams joined Savant, including 15 Heritage employees who became member-owners, and the partnership closed on February 27, 2026.
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February 26, 2026
- Buyer
- Bitwise Asset Management
- Target
- Chorus One
- Industry
- Financial Services
- Location
- Zug, Switzerland
- Type
- Buyout
Bitwise Asset Management has acquired Chorus One, an institutional staking provider with over $2.2 billion in staked assets, to expand the capabilities of its Bitwise Onchain Solutions staking division. The deal brings roughly 50 technology professionals and support for 30+ proof-of-stake networks into Bitwise, with Chorus One CEO Brian Crain moving into an advisory role.
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February 26, 2026
- Buyer
- Harvest Commercial Capital, LLC
- Target
- Crossroads Impact Corp
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Harvest Commercial Capital (HCC) announced a merger with Crossroads Impact Corp (CRSS) to combine HCC’s owner-occupied small business commercial lending platform with Crossroads’ residential CDFI capabilities. The combined organization will continue operating under their respective brands and aims to expand access to capital in low- and moderate-income communities while enhancing CRA and SBA-focused lending solutions.
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February 26, 2026
- Buyer
- Higginbotham
- Target
- Monarch Solutions Inc.
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Higginbotham has teamed up with Monarch Solutions Inc. to expand specialized high-net-worth client services focused on insurance-related strategies for tax savings and estate liquidity. Monarch founder Kevin Klaas will join Higginbotham as a Managing Director, while Monarch’s operations manager Ann Marie Coyle continues to lead the team from Monarch’s field office.
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February 26, 2026
- Buyer
- Arrow Financial Corporation
- Target
- Adirondack Bancorp, Inc.
- Industry
- Financial Services
- Location
- New York, United States
- Type
- Buyout
Arrow Financial Corporation (parent of Arrow Bank National Association) and Adirondack Bancorp, Inc. jointly announced that both boards approved an agreement and plan of merger under which Adirondack will merge into Arrow. Under the terms, Adirondack shareholders will receive a combination of Arrow stock and cash, with closing expected by the end of Q2 2026 subject to regulatory and shareholder approvals.
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Frequently Asked Questions
What types of financial services businesses are appearing in deals?
Transactions include fintech apps and platforms (e.g., Step), institutional crypto staking providers (Chorus One), regional banks and bank mergers (Nicolet Bankshares/MidWestOne), fee‑only RIAs and wealth teams (LOC Investment Advisers), third‑party administrators and recordkeepers (Future Planning Associates), MGAs and underwriting platforms (Lumen Holdings), and insurance distribution/BGAs.
Where are these acquisitions concentrated geographically?
Most recent activity is U.S.‑focused across states such as Texas, New York, Iowa, Vermont, West Virginia, Alabama, Ohio and California, with select international deals (for example, Chorus One in Zug, Switzerland).
What are common motivations behind these deals?
Buyers are typically seeking capability expansion (technology, underwriting, recordkeeping), broader distribution or advisor footprint, scale in assets or AUM, and new product lines. Examples: staking capabilities added to an on‑chain solutions platform (Bitwise/Chorus One), digital underwriting expansion (Lumen Holdings/The Vistria Group), and private credit growth via institutional investment (5C Investment Partners/Qatar Investment Authority).
How large are the transactions reported here?
Deal size varies from seed and growth investments to large bank mergers. Reported figures include about $2.2 billion in staked assets brought by Chorus One, roughly $6 billion of assets added in the Nicolet/MidWestOne merger, and approximately $759 million in AUM added to MAI Capital Management through the LOC acquisition.