M&A Deal Summary

FIS Wealth Management Services Acquires Reliance Financial

On July 16, 2014, FIS Wealth Management Services acquired financial services company Reliance Financial for 110M USD

Acquisition Highlights
  • This is FIS Wealth Management Services’ 1st transaction in the Financial Services sector.
  • This is FIS Wealth Management Services’ largest (disclosed) transaction.
  • This is FIS Wealth Management Services’ 1st transaction in the United States.
  • This is FIS Wealth Management Services’ 1st transaction in Georgia.

M&A Deal Summary
Date 2014-07-16
Target Reliance Financial
Sector Financial Services
Buyer(s) FIS Wealth Management Services
Deal Type Add-on Acquisition
Deal Value 110M USD
Advisor(s) Berkshire Global Advisors LLC (Financial)

Target

Reliance Financial

Atlanta, Georgia, United States
Reliance Financial Corp., a financial service company.

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Buyer(S) 1

Buyer

FIS Wealth Management Services

United States
Category Company
Sector Financial Services
DESCRIPTION

FIS Wealth Management Services, Inc., a full-service wealth management and retirement offering encompassing technology, selective operational functions, full back-office operations outsourcing, and retirement trust and fiduciary services.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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