M&A Deal Summary

Mercer Advisors Acquires Pinnacle Wealth Solutions

On January 19, 2021, Mercer Advisors acquired business services company Pinnacle Wealth Solutions

Acquisition Highlights
  • This is Mercer Advisors’ 10th transaction in the Business Services sector.
  • This is Mercer Advisors’ 30th transaction in the United States.
  • This is Mercer Advisors’ 1st transaction in Virginia.

M&A Deal Summary
Date 2021-01-19
Target Pinnacle Wealth Solutions
Sector Business Services
Buyer(s) Mercer Advisors
Deal Type Add-on Acquisition

Target

Pinnacle Wealth Solutions

Midlothian, Virginia, United States
Pinnacle Wealth Solutions, Inc. is a provider of a broad range of personalized wealth management services. Pinnacle with collective experience, the company empowers its clients and families to live their tomorrow through a tailored planning approach and an unwavering commitment to exceptional care. Pinnacle Wealth Solutions was founded in 1985 and is based in Midlothian, Virginia.

Search 202,137 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

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 32 of 66
Sector (Business Services) 10 of 23
Type (Add-on Acquisition) 31 of 64
State (Virginia) 1 of 3
Country (United States) 30 of 64
Year (2021) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-13 Rowland Carmichael Advisors

Scottsdale, Arizona, United States

Rowland Carmichael Advisors is a respected wealth management firm that provides investment and financial planning services. RCA serves approximately 240 clients with assets under management/advisement (collectively "AUM") with over $850 million. Rowland Carmichael Advisors is located in Scottsdale, Arizona

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-21 Hart Capital Management

Spokane, Washington, United States

Hart Capital Management, Inc. focuses on delivering comprehensive wealth management services to their high net worth clients. Hart's team prides itself on developing long-standing relationships with their clients, utilizing a philosophy of personalized service, a deep understanding of specific client needs, a common bond fostered at numerous education and client appreciation events, and consistent performance. Hart Capital Management was founded in 1998 and is based in Spokane, Washington.

Buy -
Mergr

Product

Company

Legal