Private Equity

Financial services

PE-backed Mercer Global Advisors buys wealth management firms Day & Ennis and Mallard

Denver-based Mercer is a wealth management and financial planning firm.

1 min read · 06 July 2023

Brookfield Reinsurance to buy life insurance company AEL for $4.3bn

Upon the closing of the deal, AEL shares will be delisted from the New York Stock Exchange.

2 min read · 05 July 2023

Exit interview: Vista discusses $4.6bn sale of Apptio to IBM

'It is difficult to understate the complexity facing organizations as they navigate the ongoing digital transformation,' said Vista's Nadeem Syed.

4 min read · 05 July 2023

FS Investments and Portfolio Advisors merge

Michael Forman will serve as chairman and CEO of the combined firm.

1 min read · 30 June 2023

Rosemont invests in multi-family office Landmark

Berkshire Global Advisors served as financial advisor to Landmark Management, LLC.

1 min read · 28 June 2023

BC Partners brings generative AI into deal sourcing

Generative AI like ChatGPT can hellp identify add-on opportunities, said BC Partners' Lakshman Charanjiva.

3 min read · 27 June 2023

Brookfield's reinsurance arm proposes to buy American Equity

Brookfield Reinsurance offered to acquire all outstanding shares in American Equity that it does not already own for $55.00 per share.

1 min read · 27 June 2023

InterVest-backed Financeit Canada bags Simply Group Financial

Financeit acquired Simply Group Financial, SNAP Home Finance and certain assets of EcoHome Financial.

1 min read · 27 June 2023

Thoma Bravo’s Holden Spaht eyes earnings bump for 'tech-centric' Nasdaq

Nasdaq is buying Thoma Bravo portfolio company Adenza in a cash and shares deal that sources say gave the private equity firm a return of more than 2x.

4 min read · 26 June 2023

The Vistria Group takes controlling stake in financial services firm U.S. Retirement & Benefit Partners

Kohlberg will remain a a minority investor and partner with The Vistria Group to further accelerate the growth of USRBP.

2 min read · 21 June 2023

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