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  6. Legg Mason Invests In Financial Guard

Investment Summary

Legg Mason Invests In Financial Guard

On July 7, 2016, Legg Mason invested in internet software and services company Financial Guard

Investment Highlights
  • This is Legg Mason’s 1st transaction in the Internet Software and Services sector.
  • This is Legg Mason’s 5th transaction in the United States.
  • This is Legg Mason’s 1st transaction in Utah.

Investment Summary
Date 2016-07-07
Target Financial Guard
Sector Internet Software and Services
Investor(s) Legg Mason
Deal Type Stake Purchase
Advisor(s) KPMG Corporate Finance (Financial)

Target

Financial Guard

Salt Lake City, Utah, United States
Financial Guard LLC is an online investment advisor providing simple, professional and transparent investment advice through its interactive website. Financial Guard’s technology allows investors to create a unique profile, view all of their investments in one place, assess their portfolios with a simple grading system, and receive guidance on how to optimize their portfolio(s) to reduce overall costs.

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Investor(S) 1

Investor

Legg Mason

Baltimore, Maryland, United States
Category Company
Founded 1899
Sector Financial Services
Employees3,246
Revenue 2.9B USD (2019)
DESCRIPTION

Legg Mason, Inc. is an asset management firm, providing active asset management in many major investment centers throughout the world. Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments. Legg Mason was formed in 1899 and is based in Baltimore, Maryland.

DEAL STATS #
Overall 7 of 7
Sector (Internet Software and Services) 1 of 1
Type (Stake Purchase) 1 of 1
State (Utah) 1 of 1
Country (United States) 5 of 5
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-22 Clarion Partners

New York, New York, United States

Clarion Partners is a U.S.-based real estate investment manager. The firm focuses on delivering investment performance earning the trust of every investor, using in-depth research to track market fundamentals, capitalizing on emerging opportunities and making smart decisions for its investors.

Buy $585M
Mergr

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