1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Pennsylvania >
  6. Osaic Acquires Lincoln Wealth

M&A Deal Summary

Osaic Acquires Lincoln Wealth

On December 15, 2023, Osaic acquired financial services company Lincoln Wealth from Lincoln Financial Group

Acquisition Highlights
  • This is Osaic’s 3rd transaction in the Financial Services sector.
  • This is Osaic’s 4th transaction in the United States.
  • This is Osaic’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2023-12-15
Target Lincoln Wealth
Sector Financial Services
Buyer(s) Osaic
Sellers(s) Lincoln Financial Group
Deal Type Divestiture

Target

Lincoln Wealth

Radno, Pennsylvania, United States
Lincoln Wealth offer holistic financial planning and advisory services to affluent clients and oversee. Lincoln Wealth is based in Radno, Pennsylvania.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Osaic

Scottsdale, Arizona, United States
Category Company
Founded 1999
Sector Financial Services
DESCRIPTION

Osaic provides comprehensive broker-dealer services, technology, and advisory programs through its four registered broker-dealers and Registered Investment Advisors. Osaic was founded in 1999 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 4 of 7
Sector: Financial Services M&A 3 of 6
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 4 of 7
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-22 American Portfolios

Holbrook, New York, United States

American Portfolios is a full-service, independent broker/dealer and member firm of FINRA and SIPC, offering a complete range of financial services, including personal financial and retirement planning, securities trading, mutual funds, access to investment research, long-term care planning, insurance products and tax-free investing. American Portfolios was founded in 2001 and is based in Holbrook, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-11 Nova Wealth

Amherst, New York, United States

Nova Wealth is an independent wealth manager. Nova Wealth was founded in 2023 and is based in Amherst, New York.

Buy -

Seller(S) 1

SELLER

Lincoln Financial Group

Radno, Pennsylvania, United States
Category Company
Founded 1905
Sector Insurance
Employees11,024
Revenue 18.0B USD (2024)
DESCRIPTION

Lincoln Financial Group provides advice and solutions for life insurance, annuities, retirement plan services, and group protection. Lincoln Financial was founded in 1904 and is based in Radno, Pennsylvania.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-19 Liberty Life Assurance Company of Boston

Dover, New Hampshire, United States

Liberty Life Assurance Company of Boston is a provider of insurance service and products and structured settlement annuities. Liberty Life Assurance Company of Boston was founded in 1964 and is based in Dover, New Hampshire.

Buy -
Mergr

Solution for

Product

Company

Legal