M&A Deal Summary

CapTrust Acquires Boston Advisors - Wealth Management Business

On October 9, 2019, CapTrust acquired business services company Boston Advisors - Wealth Management Business from Boston Advisors

Acquisition Highlights
  • This is CapTrust’s 2nd transaction in the Business Services sector.
  • This is CapTrust’s 2nd transaction in the United States.
  • This is CapTrust’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-10-09
Target Boston Advisors - Wealth Management Business
Sector Business Services
Buyer(s) CapTrust
Sellers(s) Boston Advisors
Deal Type Divestiture

Target

Boston Advisors - Wealth Management Business

Massachusetts, United States
Boston Advisors - Wealth Management Business comprises 15 people and more than $1.5 billion of wealth management client assets under management.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CapTrust

Raleigh, North Carolina, United States
Category Company
Founded 1997
Sector Business Services
Employees700
DESCRIPTION

CapTrust is an independent registered investment advisor. It has clients in all 50 states and provides investment advisory, asset management, and planning services to thousands of affluent private clients and institutional investors such as retirement plan fiduciaries, endowments, foundations, and religious entities. CapTrust was founded in 1997 and is based in Raleigh, North Carolina.

DEAL STATS #
Overall 2 of 6
Sector (Business Services) 2 of 4
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 2 of 6
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-01 Schott Group Investment Consulting

Harbor Springs, Michigan, United States

The Schott Group specialized in advising Catholic organizations on investments and was nationally known among church financial officers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-11 Fountain Financial Associates

Wilmington, North Carolina, United States

Fountain Financial Associates is one of Wilmington's oldest and largest independent financial planning and investment management firms. The firm was established by Vinton Fountain to provide successful individuals with a personally tailored option for the management of their financial lives.

Buy -

Seller(S) 1

SELLER

Boston Advisors

Boston, Massachusetts, United States
Category Company
Founded 1982
Sector Business Services
DESCRIPTION

Boston Advisors is an equity investment advisory firm with experience managing assets for institutions and affluent individuals and families. The company offers a range of investment capabilities, including equity, fixed income, and asset allocation, as well as socially responsible and faith-based asset management. Boston Advisors was formed in 1982 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal