M&A Deal Summary

Creative Planning Acquires BerganKDV

On June 5, 2023, Creative Planning acquired business services company BerganKDV

Acquisition Highlights
  • This is Creative Planning’s 10th transaction in the Business Services sector.
  • This is Creative Planning’s 28th transaction in the United States.
  • This is Creative Planning’s 1st transaction in Iowa.

M&A Deal Summary
Date 2023-06-05
Target BerganKDV
Sector Business Services
Buyer(s) Creative Planning
Deal Type Add-on Acquisition

Target

BerganKDV

Cedar Rapids, Iowa, United States
website
BerganKDV is a provider of business planning, tax, audit, and wealth management services. BerganKDV was founded in 1945 and is based in Cedar Rapids, Iowa.

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Buyer(S) 1

Buyer

Creative Planning

Overland Park, Kansas, United States

website

Category Company
Sector Financial Services
DESCRIPTION

Creative Planning is an independent wealth management firm that provides a financial planning led investment management approach, retirement planning, estate planning, trust services, tax advice and family office services for individuals as well as 401(k) and institutional money management. Creative Planning is based in Overland Park, Kansas.

DEAL STATS #
Overall 28 of 33
Sector (Business Services) 10 of 12
Type (Add-on Acquisition) 25 of 29
State (Iowa) 1 of 1
Country (United States) 28 of 33
Year (2023) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-07 Telarray

Memphis, Tennessee, United States

Telarray handles a broad portfolio of investments for clients all over the country, with services for everyone from those just beginning their investment journey to senior corporate leaders with complicated compensation packages. They specialize in retirement planning, estate planning, investing, tax management strategies, executive compensation, and risk management. Telarray was formed in 2005 and is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-22 CTB Financial Services

Minneapolis, Minnesota, United States

CTB Financial Services is a registered investment advisor is expertized in tax optimization & merging tax planning with investment management. CTB Financial Services is based in Minneapolis, Minnesota.

Buy -
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