M&A Deal Summary

Steward Partners Acquires Freedom Street Partners

On November 16, 2023, Steward Partners acquired financial services company Freedom Street Partners

Acquisition Highlights
  • This is Steward Partners’ 2nd transaction in the Financial Services sector.
  • This is Steward Partners’ 2nd transaction in the United States.
  • This is Steward Partners’ 1st transaction in Virginia.

M&A Deal Summary
Date 2023-11-16
Target Freedom Street Partners
Sector Financial Services
Buyer(s) Steward Partners
Deal Type Add-on Acquisition
Advisor(s) STS Capital Partners (Financial)

Target

Freedom Street Partners

Chesapeake, Virginia, United States
Freedom Street Partners is an independent financial services firm that offers wealth management solutions for families, businesses, and multigenerational investors. Freedom Street Partners is based in Chesapeake, Virginia.

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Buyer(S) 1

Buyer

Steward Partners

Washington, District of Columbia, United States
Category Company
Founded 2013
Sector Financial Services
DESCRIPTION

Steward Partners is an employee-owned, full-service independent partnership catering to family, institutional and multigenerational wealth. Steward Partners was founded in 2013 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 2 of 4
Sector (Financial Services) 2 of 3
Type (Add-on Acquisition) 1 of 3
State (Virginia) 1 of 1
Country (United States) 2 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-23 Umpqua Investments

Portland, Oregon, United States

Umpqua Investments is a registered broker-dealer and registered investment adviser, based in Portland, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 Saling Simms Associates

Columbus, Ohio, United States

Saling Simms Associates helps individuals, associations, and small businesses employ advanced strategies for maximizing personal wealth, employee benefits, philanthropic giving, and retirement income, as well as solving other legacy and long-term planning issues. Saling Simms Associates was founded in 1983 and is based in Columbus, Ohio.

Buy -
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