M&A Deal Summary

Allegis Advisor Group Acquires Beacon Financial

On October 6, 2020, Allegis Advisor Group acquired business services company Beacon Financial

Acquisition Highlights
  • This is Allegis Advisor Group’s 1st transaction in the Business Services sector.
  • This is Allegis Advisor Group’s 1st transaction in the United States.
  • This is Allegis Advisor Group’s 1st transaction in Utah.

M&A Deal Summary

Date 2020-10-06
Target Beacon Financial
Sector Business Services
Buyer(s) Allegis Advisor Group
Deal Type Add-on Acquisition

Target

Beacon Financial

Woods Cross, Utah, United States
Beacon Financial, Inc. is a provider of safe and secure financial tools for the development of businesses. Beacon Financial, Inc. was founded in 2002 and is based in Woods Cross, Utah.

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Buyer(S) 1

Buyer

Allegis Advisor Group

Sandy, Utah, United States

Category Company
Founded 2009
Sector Business Services
DESCRIPTION

Allegis Advisor Group is a full-service insurance marketing and financial planning firm that works with advisors nationwide to grow and simplify their business. Allegis Advisor offers a breadth of business-building solutions including brand development, live, virtual, and on-demand sales training and educational events, access to back-office experts for new business and case management, case design, underwriting, and advanced markets. Allegis Advisor Group was formed in 2009 and is based in Sandy, Utah.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1