M&A Deal Summary

Hightower Acquires Salient Private Client

On April 17, 2018, Hightower acquired business services company Salient Private Client

Acquisition Highlights
  • This is Hightower’s 1st transaction in the Business Services sector.
  • This is Hightower’s 1st transaction in the United States.
  • This is Hightower’s 1st transaction in Texas.

M&A Deal Summary

Date 2018-04-17
Target Salient Private Client
Sector Business Services
Buyer(s) Hightower
Deal Type Add-on Acquisition

Target

Salient Private Client

Houston, Texas, United States
Salient Private Client offers a comprehensive and holistic approach to wealth management for individuals, families and foundations. We offer fiduciary trust capabilities, financial planning, wealth management, and family office and private investment services. Based in Houston, Texas, our teams have decades of experience and combine a unique and world-class perspective with a high-touch approach to client service.

Search 215,058 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Hightower

Chicago, Illinois, United States

Category Company
Founded 2008
Sector Business Services
DESCRIPTION

HighTower provides its services to individuals, high net worth individuals, endowments and foundations, institutions, ERISA and other retirement accounts, pension and taft-hartley plans, pension and profit sharing plans, trusts, estates, charitable organizations, corporations, and institutional organizations such as colleges, universities. It manages separate client focused portfolios. Hightower was founded in 2008 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 6
Sector: Business Services M&A 1 of 6
Type: Add-on Acquisition M&A Deals 1 of 5
State: Texas M&A 1 of 1
Country: United States M&A 1 of 6
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-29 LourdMurray

Beverly Hills, California, United States

LourdMurray is a California-based wealth management group that serves ultra-high net worth individuals, families and institutional clients across the United States.

Buy -