M&A Deal Summary

Kestra Financial Acquires Catalyst Retirement Solutions

On October 24, 2023, Kestra Financial acquired business services company Catalyst Retirement Solutions

Acquisition Highlights
  • This is Kestra Financial’s 2nd transaction in the Business Services sector.
  • This is Kestra Financial’s 4th transaction in the United States.
  • This is Kestra Financial’s 1st transaction in Utah.

M&A Deal Summary
Date 2023-10-24
Target Catalyst Retirement Solutions
Sector Business Services
Buyer(s) Kestra Financial
Deal Type Add-on Acquisition

Target

Catalyst Retirement Solutions

Ogden, Utah, United States
Catalyst Retirement Solutions offers a wide range of financial planning services for clients at various stages of life, the firm is dedicated to providing premier, individualized service. Catalyst Retirement Solutions is based in Ogden, Utah.

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Buyer(S) 1

Buyer

Kestra Financial

Austin, Texas, United States
Category Company
Founded 1997
Sector Financial Services
DESCRIPTION

Kestra Financial is a provider of independent advisor platforms that empowers sophisticated independent financial professionals, including traditional and hybrid RIAs, to prosper, grow and provide superior client service. Kestra Financial was founded in 1997 and is based in Austin, Texas.

DEAL STATS #
Overall 4 of 5
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (Utah) 1 of 1
Country (United States) 4 of 5
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-18 Grove Point

Rockville, Maryland, United States

Grove Point is an independent wealth management firm that serves approximately 400 independent financial professionals with $15 billion in client assets. Grove Point was formed in 1984 and is based in Rockville, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-21 Mooshi Wealth Planning & Management

Novi, Michigan, United States

Mooshi Wealth Planning & Management is a wealth and asset management firm focused on a serving a variety of clients. The Company is based in Novi, Michigan.

Buy -
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