M&A Deal Summary

Mercer Advisors Acquires McDermott Advisory Group

On November 27, 2018, Mercer Advisors acquired business services company McDermott Advisory Group

Acquisition Highlights
  • This is Mercer Advisors’ 5th transaction in the Business Services sector.
  • This is Mercer Advisors’ 13th transaction in the United States.
  • This is Mercer Advisors’ 1st transaction in Delaware.

M&A Deal Summary
Date 2018-11-27
Target McDermott Advisory Group
Sector Business Services
Buyer(s) Mercer Advisors
Deal Type Add-on Acquisition

Target

McDermott Advisory Group

Wilmington, Delaware, United States
McDermott Advisory Group LLC provides a full complement of financial planning, investment management, and related services to its affluent and high net worth clients. McDermott Advisory Group, LLC has more than $150 million of Assets Under Management (AUM), serves approximately 150 clients, and was founded in 2006 by Daniel M. McDermott, CFP®, a 30-year industry veteran.

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Buyer(S) 1

Buyer

Mercer Advisors

Denver, Colorado, United States
Category Company
Founded 1985
Sector Financial Services
Employees280
DESCRIPTION

Mercer Advisors is an independent RIA primarily services the mass-affluent and high-net-worth clients. Mercer attracts and retains clients by offering comprehensive wealth management solutions, including: financial planning, investment management, tax management, retirement income and benefits planning, and estate planning. Mercer Advisors was founded in 1985 and is based in Denver, Colorado.

DEAL STATS #
Overall 15 of 66
Sector (Business Services) 5 of 23
Type (Add-on Acquisition) 14 of 64
State (Delaware) 1 of 3
Country (United States) 13 of 64
Year (2018) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Financial & Investment Management Group

Traverse City, Michigan, United States

Financial & Investment Management Group Ltd. is a provider of risk-managed investment solutions. Financial & Investment Management Group Ltd. was founded in 1984 and is based in Traverse City, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 Bell Wealth Management

Austin, Texas, United States

Bell Wealth Management is a provider of comprehensive wealth management to affluent and high net worth clients. Bell Wealth Management was founded in 1997 and is based in Austin, Texas.

Buy -
Mergr

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