Private Equity

Financial services

PE-backed Mercer snatches up wealth managers, as recession fears drive demand

'It's awfully hard for those small firms to compete and so they need to join large firms to survive," said Mercer vice-chairman David Barton.

3 min read · 10 October 2022

Oak Hill and Genstar-backed Mercer acquires wealth manager TAAG

Based in Denver, Mercer is a registered investment advisor.

1 min read · 06 October 2022

Mercer Advisors, backed by Oak Hill and Genstar, buys wealth manager Goldstein Munger

The deal expands Mercer's presence in California.

2 min read · 06 October 2022

FirePower Capital spins out and invests in M&A advisor Spearhead

FirePower has made a $3.2 million investment in Spearhead to support the platform’s global expansion.

1 min read · 30 September 2022

The Vistria Group invests in HSA administration services provider Flores

As part of the transaction, Century Equity Partners and The Vistria Group will each hold equal ownership in Flores.

2 min read · 29 September 2022

Northlane-backed Choice acquires Schlather Insurance Agency

Schlather Insurance Agency provides property and casualty, business, and life and health insurance.

1 min read · 29 September 2022

Bregal Partners bolsters investment team with triple hire

The New York PE firm invests in the consumer and multi-unit; food and beverage; and business services sectors.

2 min read · 27 September 2022

Clairvest buys minority stake in newly formed Acera Insurance

Canadian insurers CapriCMW and Rogers Insurance have merged to form Acera Insurance.

2 min read · 21 September 2022

Investment advisors Miracle Mile and Karp Capital to merge

When the deal closes, the newly combined company will have over $4 billion in assets under management serving clients from five main offices.

2 min read · 16 September 2022

Mill Point-backed Prime Pensions acquires Associated Pension Consultants

Headquartered in Florham Park, New Jersey, Prime Pensions is a provider of retirement plan compliance and administration services primarily to small and medium-sized businesses.

1 min read · 14 September 2022

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