M&A Deal Summary

MAI Capital Acquires Harbor Wealth Management

On May 6, 2024, MAI Capital acquired business services company Harbor Wealth Management

Acquisition Highlights
  • This is MAI Capital’s 8th transaction in the Business Services sector.
  • This is MAI Capital’s 11th transaction in the United States.
  • This is MAI Capital’s 1st transaction in Colorado.

M&A Deal Summary
Date 2024-05-06
Target Harbor Wealth Management
Sector Business Services
Buyer(s) MAI Capital
Deal Type Add-on Acquisition

Target

Harbor Wealth Management

Boulder, Colorado, United States
Harbor Wealth Management advises private individuals and families, businesses, company retirement plans, and private foundations on all aspects of investment and wealth management. Harbor Wealth Management was founded in 1988 and is based in Boulder, Colorado.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

MAI Capital

Cleveland, Ohio, United States
Category Company
Sector Financial Services
DESCRIPTION

MAI Capital is a fee-based wealth management firm providing planning and investment advisory services. MAI’s investment, planning, and tax professionals will collaborate to develop, implement and monitor a financial plan tailored to meet unique and individual needs. MAI Capital is headquartered in Cleveland, Ohio.

DEAL STATS #
Overall 12 of 14
Sector (Business Services) 8 of 8
Type (Add-on Acquisition) 12 of 14
State (Colorado) 1 of 1
Country (United States) 11 of 13
Year (2024) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-04 LWS Wealth Advisors

Basking Ridge, New Jersey, United States

LWS Wealth Advisors provides comprehensive financial planning, asset management, and family office services designed to simplify its clients' evolving and complex needs. LWS Wealth Advisors is based in Basking Ridge, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-07 Halpern

Ashburn, Virginia, United States

Halpern is an independent fiduciary and registered investment advisor with $1.2 billion in client assets under management as of September 30, 2024. Halpern is based in Ashburn, Virginia.

Buy -
Mergr

Product

Company

Legal