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  6. Parsonex Acquires E. Magnus Oppenheim

M&A Deal Summary

Parsonex Acquires E. Magnus Oppenheim

On March 17, 2023, Parsonex acquired business services company E. Magnus Oppenheim

Acquisition Highlights
  • This is Parsonex’s 1st transaction in the Business Services sector.
  • This is Parsonex’s 1st transaction in the United States.
  • This is Parsonex’s 1st transaction in New York.

M&A Deal Summary
Date 2023-03-17
Target E. Magnus Oppenheim
Sector Business Services
Buyer(s) Parsonex
Deal Type Add-on Acquisition

Target

E. Magnus Oppenheim

New York, New York, United States
E. Magnus Oppenheim provides provides advisory services to individual investors, institutions, trusts, foundations and pension plans. E. Magnus Oppenheim was founded in 1971 and is based in New York City.

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Buyer(S) 1

Buyer

Parsonex

Englewood, Colorado, United States
Category Company
Sector Financial Services
DESCRIPTION

Parsonex is a financial services conglomerate which owns several subsidiaries focused on investments, financial planning, advice and media. Parsonex focuses on building lasting relationships with clients and delivering high quality service to clients through a nationwide network of independent financial professionals. Parsonex provides a wide range of services, technology, and investment solutions. Parsonex is based in Englewood, Colorado.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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