Stake Purchase • Financial Services

Leonard Green & Partners and NB Private Equity Partners Invest In Mariner Wealth Advisors

On April 23, 2021, private equity firm Leonard Green & Partners and asset manager NB Private Equity Partners invested in financial services company Mariner Wealth Advisors

Investment Context
  • This is Leonard Green & Partners’ 2nd and NB Private Equity Partners’ 3rd transaction in the Financial Services sector.
  • This is Leonard Green & Partners’ 85th and NB Private Equity Partners’ 20th transaction in the United States.
  • This is Leonard Green & Partners’ 2nd and NB Private Equity Partners’ 1st transaction in Kansas.

Explore All 380 Stake Purchase Financial Services Deals - Search the Database Free


Investment Summary

Date April 23, 2021
Target Mariner Wealth Advisors
Sector Financial Services
Investor(s) Leonard Green & Partners
NB Private Equity Partners
Deal Type Stake Purchase

Target Company

Mariner Wealth Advisors

Overland Park, Kansas, United States
Mariner Wealth Advisors is an independent, national wealth advisory firm that provides unbiased financial advice focused on meeting client needs. Mariner’s expert wealth advisory teams help clients achieve and maintain financial peace of mind – preserving the wealth they have created and building a legacy for future generations of family and business leaders. Mariner Wealth Advisors is based in Overland Park, Kansas.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

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

Search Free

Investors Overview 2

Investor

Leonard Green & Partners

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 75.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Leonard Green & Partners is a mega-sized private equity firm that invests in established companies that are leaders in their respective markets. Leonard Green will consider investments in consumer and business services, consumer products, distribution, media, and retail. Typical transaction values for acquisitions are between $500 million and $2 billion, however, the firm is capable of closing transactions valued up to $5 billion. Types of transactions include public-to-private, recapitalizations of privately held businesses, growth capital, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/assets from large corporations. Leonard Green & Partners was formed in 1989 and is based in Los Angeles, California.


Deal Context for Investor #
Overall 90 of 108
Sector: Financial Services 2 of 2
Type: Stake Purchase 7 of 10
State: Kansas 2 of 3
Country: United States 85 of 100
Year: 2021 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-22 Stella Environmental Services

Houston, Texas, United States

Stella Environmental Services is a provider of transfer station management and municipal waste logistics services. The Company provides facility management, hauling, and loading services to municipal solid waste and transportation customers across various states. Transfer stations are a vital part of the waste collection process by improving the efficiency of collection vehicles and reducing operating costs for Stella’s customers. Stella Environmental Services is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Prospect Medical Holdings

Los Angeles, California, United States

Prospect Medical Holdings provides healthcare and physician services in Southern California, South Central Texas, Rhode Island, New Jersey, Connecticut, and Pennsylvania. Prospect’s hospitals are located in high-density population areas and maintain solid market positions in the areas they serve. Prospect Medical Holdings is based in Los Angeles, California.

Sell -
DESCRIPTION

NB Private Equity Partners is a publicly traded asset manager focused on acquiring direct investments in privately held companies. The Firm principally targets businesses in the US and looks to invest alongside other private equity managers when considering opportunities. NB Private Equity Partners is headquartered in the UK, with an additional office in the US.


Deal Context for Investor #
Overall 33 of 39
Sector: Financial Services 3 of 4
Type: Stake Purchase 1 of 1
State: Kansas 1 of 1
Country: United States 20 of 24
Year: 2021 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 DoubleVerify

New York, New York, United States

DoubleVerify is a provider of online media verification, offering a comprehensive suite of advertising verification monitoring, blocking, and compliance solutions. DoubleVerify was incorporated in 2008 and is based in New York, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-14 Service Med

Bussolengo, Italy

Service Med offers rent and management services of high efficient anti decubitus systems. These systems are both manufactured under their own brand (MKS-Innovatech) and by other main international companies. Service Med was formed in 1992 and is based in Bussolengo, Italy.

Sell -