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M&A Deal Summary

Sammons Wealth Acquires Wealthcare Capital Management

On June 3, 2025, Sammons Wealth acquired information technology company Wealthcare Capital Management from NewSpring Capital

Acquisition Highlights
  • This is Sammons Wealth’s 1st transaction in the Information Technology sector.
  • This is Sammons Wealth’s 1st transaction in the United States.
  • This is Sammons Wealth’s 1st transaction in Virginia.

M&A Deal Summary
Date 2025-06-03
Target Wealthcare Capital Management
Sector Information Technology
Buyer(s) Sammons Wealth
Sellers(s) NewSpring Capital
Deal Type Add-on Acquisition
Advisor(s) Republic Capital Group (Financial)

Target

Wealthcare Capital Management

Richmond, Virginia, United States
Wealthcare Capital Management provides wealth advisors with a straightforward solution to help clients clarify their goals and risk preferences, align their investment risk with what they value most, and avoid being misguided by the abstract and tired questionnaire-based industry approach to risk tolerance. Wealthcare Capital Management was founded in 1999 and is based in Richmond, Virginia.

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Buyer(S) 1

Buyer

Sammons Wealth

Dallas, Texas, United States
Category Company
Founded 2017
Sector Financial Services
DESCRIPTION

Sammons Wealth is a financial advisory firm offering retirement planning, tax reduction strategies, and investment management services. Sammons Wealth Management was founded in 2017 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

NewSpring Capital

Radnor, Pennsylvania, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.

DEAL STATS #
Overall 89 of 92
Sector: Information Technology M&A 16 of 17
Type: Add-on Acquisition M&A Deals 49 of 52
State: Virginia M&A 4 of 4
Country: United States M&A 88 of 91
Year: 2025 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-18 United Building Solutions

Pennsauken, New Jersey, United States

United Building Solutions is a provider of heating, ventilation, and air conditioning services. United Building Solutions is based in Pennsauken, New Jersey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-30 SiteSpect

Auburndale, Massachusetts, United States

SiteSpect provides a comprehensive digital optimization platform, enabling successful online businesses to significantly improve conversion rates and revenue. SiteSpect is based in Auburndale, Massachusetts.

Sell -
Mergr

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