Goldman Sachs to buy United Capital Financial Partners for $750 mln
Goldman Sachs Group Inc said May 16 that it agreed to buy United Capital Financial Partners Inc for $750 million in cash. United Capital investors include Sageview Capital and Grail Partners. United Capital, of Newport Beach, California, is an RIA with $25 billion of assets under management and more than 220 financial advisors serving 22,000 clients in 90 offices across the U.S. Goldman Sachs & Co LLC served as financial adviser and Fried, Frank, Harris, Shriver & Jacobson LLP was legal counsel to Goldman Sachs. Bill Nook, Mark Karasik and Andrew Langer of Moelis & Co LLC advised United Capital while Kilpatrick Townsend & Stockton LLP was legal counsel.
20 May 2019•3 mins read
