M&A Deal Summary |
|
|---|---|
| Date | 2016-03-28 |
| Target | The Kanaly Co. |
| Sector | Business Services |
| Buyer(s) | Mercer Advisors |
| Sellers(s) | Lovell Minnick Partners |
| Deal Type | Merger |
| Advisor(s) | Moelis & Co. (Financial) Davis Graham & Stubbs (Legal) |
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| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Financial Services |
| Employees | 280 |
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 | 2 of 71 |
| Sector: Business Services M&A | 1 of 25 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 7 |
| Country: United States M&A | 2 of 69 |
| Year: 2016 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-13 |
Spruce Hill Capital
Guilford, Connecticut, United States Spruce Hill Capital LLC is an RIA firm managing $110 million in client assets, located in Guilford, CT. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-02 |
Pegasus Advisors
Dallas, Texas, United States Pegasus Advisors LLC is a RIA firm provides financial, tax and advisory services in Texas, US. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 5.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Lovell Minnick Partners is a private equity firm that targets investments in financial services companies located in North America and Europe. Specific areas of interest include asset management, financial planning, financial product distribution, outsource providers, specialty finance, and related administration and business services companies. The Firm looks to commit $40 to $150 million of equity capital per investment. Prospective transaction situations include divestitures, management buyouts, growth capital financings, and recapitalizations. Lovell Minnick was formed in 1999 and is headquartered in Radnor, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 31 |
| Sector: Business Services M&A | 1 of 4 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 18 of 29 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-14 |
H.D. Vest
Irving, Texas, United States H.D. Vest, Inc. (dba H.D. Vest Financial Services) is an independent broker/dealer providing tax professionals with the products, training, and support to deliver independent financial solutions to retail investors. |
Sell | $580M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-17 |
Engage People
Markham, Ontario, Canada Engage People is a solution provider for the global loyalty and incentive industry. Engage products include its proprietary SaaS-based platform that manages end to end loyalty rewards, employee recognition, sales and sales channel incentive programs on a global basis. Engage People was founded in 2008 and is based in Markham, Ontario. |
Buy | - |
