M&A Deal Summary

Orion Acquires Summit Wealth Systems

On December 19, 2024, Orion acquired software company Summit Wealth Systems

Acquisition Highlights
  • This is Orion’s 2nd transaction in the Software sector.
  • This is Orion’s 5th transaction in the United States.
  • This is Orion’s 2nd transaction in California.

M&A Deal Summary
Date 2024-12-19
Target Summit Wealth Systems
Sector Software
Buyer(s) Orion
Deal Type Add-on Acquisition

Target

Summit Wealth Systems

San Francisco, California, United States
Summit Wealth Systems is a software company provides modern, consolidated, and intuitive client reporting and portfolio management to large registered investment advisors (RIAs). Summit Wealth Systems was founded in 2019 and is based in San Francisco, California.

Search 201,771 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

Orion

Omaha, Nebraska, United States
Category Company
Founded 1999
Sector Financial Services
DESCRIPTION

Orion is a provider of the tech-enabled fiduciary process that transforms the advisor-client relationship by enabling financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected, technology-driven experience. Orion was founded in 1999 and is based in Omaha, Nebraska.

DEAL STATS #
Overall 5 of 5
Sector (Software) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (California) 2 of 2
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 TownSquare Capital

Provo, Utah, United States

TownSquare Capital is a full-service investment and trading platform with an institutional mindset toward portfolio construction. TownSquare serves independent wealth advisors, institutions, high-net-worth individuals, family offices, accounting firms, and banks. TownSquare Capital was founded in 2018 and is based in Provo, Utah.

Buy -
Mergr

Product

Company

Legal