M&A Deal Summary

CapTrust Acquires Fountain Financial Associates

On February 11, 2020, CapTrust acquired financial services company Fountain Financial Associates

Acquisition Highlights
  • This is CapTrust’s 1st transaction in the Financial Services sector.
  • This is CapTrust’s 3rd transaction in the United States.
  • This is CapTrust’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2020-02-11
Target Fountain Financial Associates
Sector Financial Services
Buyer(s) CapTrust
Deal Type Add-on Acquisition

Target

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.

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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 3 of 6
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 2 of 5
State (North Carolina) 1 of 1
Country (United States) 3 of 6
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-09 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-10 Lakeside Wealth Management Group

Chesterton, Indiana, United States

Lakeside Wealth Management Group provides retirement plan design, investment management, and participant education for institutions and financial planning, retirement goal setting, and legacy planning for wealth management clients. Lakeside Wealth Management was formed in 2004 and is based in Chesterton, Indiana.

Buy -
Mergr

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