M&A Deal Summary

Waverly Advisors Acquires Rainsberger Wealth Advisors

On October 24, 2023, Waverly Advisors acquired financial services company Rainsberger Wealth Advisors

Acquisition Highlights
  • This is Waverly Advisors’ 2nd transaction in the Financial Services sector.
  • This is Waverly Advisors’ 2nd transaction in the United States.
  • This is Waverly Advisors’ 1st transaction in Colorado.

M&A Deal Summary
Date 2023-10-24
Target Rainsberger Wealth Advisors
Sector Financial Services
Buyer(s) Waverly Advisors
Deal Type Add-on Acquisition

Target

Rainsberger Wealth Advisors

Colorado Springs, Colorado, United States
Rainsberger Wealth Advisors was founded in 1990 by Bud Rainsberger, with the mission to help clients build strong financial futures while providing them with peace of mind. Rainsberger Wealth Advisors is based in Colorado Springs, Colorado.

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Buyer(S) 1

Buyer

Waverly Advisors

Birmingham, Alabama, United States
Category Company
Founded 1999
Sector Financial Services
DESCRIPTION

Waverly Advisors is a fee-only registered investment adviser that serves the investment management and wealth planning needs of a diverse group of clients, including high-net-worth individuals and families, corporate retirement plans, trusts, endowments and institutions. Waverly Advisors was formed in 1999 and is based in Birmingham, Alabama.

DEAL STATS #
Overall 2 of 8
Sector (Financial Services) 2 of 5
Type (Add-on Acquisition) 2 of 8
State (Colorado) 1 of 1
Country (United States) 2 of 8
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-05 Wall Advisors

Lakeland, Florida, United States

Wall Advisors is a registered investment advisor. Wall Advisors was established in 1986 by H. Lee Wall, President and Founder, and founding partner of affiliated CPA firm Wall Titus, LLC, when he identified the need for thoughtful, conservative wealth management services among his tax clients. Wall Advisors is based in Lakeland, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 Prosper Financial Advisers

St. Petersburg, Florida, United States

Prosper Financial Advisers is a brokerage firm, specializing in buy-sell activity for automotive, RV, commercial truck, powersports, and equipment dealerships. Prosper Financial Advisers is based in St. Petersburg, Florida.

Buy -
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