M&A Deal Summary

Wealth Enhancement Group Acquires North American Management

On March 2, 2021, Wealth Enhancement Group acquired financial services company North American Management

Acquisition Highlights
  • This is Wealth Enhancement Group’s 13th transaction in the Financial Services sector.
  • This is Wealth Enhancement Group’s 17th transaction in the United States.
  • This is Wealth Enhancement Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2021-03-02
Target North American Management
Sector Financial Services
Buyer(s) Wealth Enhancement Group
Deal Type Add-on Acquisition
Advisor(s) Park Sutton Advisors (Financial)

Target

North American Management

Boston, Massachusetts, United States
North American Management is an independent registered investment adviser (RIA). NAM was founded in 1928 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Wealth Enhancement Group

Plymouth, Minnesota, United States
Category Company
Founded 1997
Sector Financial Services
Employees250
DESCRIPTION
Wealth Enhancement Group's corporate headquarters in Plymouth, Minnesota.
Wealth Enhancement Group's corporate headquarters in Plymouth, Minnesota.

Wealth Enhancement Group is a comprehensive wealth management firm that provides team-based financial planning, estate planning, retirement income planning, insurance, tax strategies, and investment management services. Wealth Enhancement Group was founded in 1997 and is based in Plymouth, Minnesota.

DEAL STATS #
Overall 17 of 32
Sector (Financial Services) 13 of 24
Type (Add-on Acquisition) 16 of 31
State (Massachusetts) 1 of 2
Country (United States) 17 of 32
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-08 10-15 Associates

Goshen, New York, United States

10-15 Associates is an independent registered investment adviser with approximately $923 million in total client assets. 10-15 Associates firm specializes in helping families, business owners, and other professionals protect and grow their assets, solve complex financial challenges, and retire with confidence.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-10 MACRO Consulting Group

Parsippany, New Jersey, United States

MACRO Consulting Group is an independent hybrid registered investment adviser that specializes in financial planning, investment management, estate planning, and insurance needs for a clientele of affluent individuals -successful professionals, business owners, retirees, and many others. MACRO Consulting Group was founded in 1992 and is based in Parsippany, New Jersey.

Buy -
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