M&A Deal Summary

Convergence Acquires Double N Advisors

On April 18, 2022, Convergence acquired financial services company Double N Advisors

Acquisition Highlights
  • This is Convergence’s 1st transaction in the Financial Services sector.
  • This is Convergence’s 1st transaction in the United States.
  • This is Convergence’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2022-04-18
Target Double N Advisors
Sector Financial Services
Buyer(s) Convergence
Deal Type Add-on Acquisition

Target

Double N Advisors

Old Bridge Township, New Jersey, United States
Double N Advisors (“DNA”) is an independent, boutique Financial Services Consulting practice that delivers superior operations and business strategy services to financial services companies and their service providers, at every stage of the business lifecycle. These services can be performed as High Value (project-oriented) or on an Outsourced/Co-sourced basis. Double N Advisors was formed in 2005 and is based in Old Bridge Township, New Jersey.

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Buyer(S) 1

Buyer

Convergence

South Norwalk, Connecticut, United States
Category Company
Founded 2013
Sector Business Services
DESCRIPTION

Convergence is a data and analytics company that has created an unparalleled platform comprising public and proprietary data, analytical products, and insights that penetrates deep into the operations and infrastructure of the universe of Asset Managers. Convergence was formed in 2013 and is based in South Norwalk, Connecticut.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

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