Financial services

Bregal Sagemount invests in environmental insurance firm UCPM

Goodwin Procter served as legal advisor to Bregal Sagemount on the transaction.

KKR to buy financial advisor Janney Montgomery Scott from Penn Mutual

The deal is expected to close in the fourth quarter of 2024.

HGGC-backed Waverly Advisors acquires River Capital Advisors

Based in Birmingham, Alabama, Waverly is a registered investment advisor.

Unity Partners-backed Tropolis acquires three Michigan insurance agencies

Based in Ann Arbor, Michigan, Tropolis is an insurance brokerage.

Trivest Partners invests in financial advisor Province

Clearsight Advisors served as financial advisor to Province on the deal.

Audax-backed CW Advisors snaps up investment advisor Mercadien

Boston-based CWA is a registered investment advisor.

Carlyle and KKR to acquire $10.1bn student loans portfolio from Discover Financial Services

The transaction is expected to close by the end of 2024.

Blue Owl Capital to acquire Atalaya for $450m

The deal is expected to close in the second half of this year.