M&A Deal Summary

Wealth Enhancement Group Acquires Serafini Financial Group

On August 5, 2021, Wealth Enhancement Group acquired business services company Serafini Financial Group

Acquisition Highlights
  • This is Wealth Enhancement Group’s 5th transaction in the Business Services sector.
  • This is Wealth Enhancement Group’s 19th transaction in the United States.
  • This is Wealth Enhancement Group’s 2nd transaction in Maryland.

M&A Deal Summary
Date 2021-08-05
Target Serafini Financial Group
Sector Business Services
Buyer(s) Wealth Enhancement Group
Deal Type Add-on Acquisition

Target

Serafini Financial Group

Hagerstown, Maryland, United States
website
Serafini Financial Group is a financial planning firm, driven by Christian principles that impacts the lives of clients and the community through excellence in financial planning. The company's mission is to bring value to clients by providing them with personal, lifelong financial expertise founded upon integrity and exceptional service. Serafini Financial Group was formed in 1990 and is based in Hagerstown, Maryland.

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Buyer(S) 1

Buyer

Wealth Enhancement Group

Plymouth, Minnesota, United States

website

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 19 of 28
Sector (Business Services) 5 of 7
Type (Add-on Acquisition) 18 of 27
State (Maryland) 2 of 2
Country (United States) 19 of 28
Year (2021) 3 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-12 Investor Solutions

Miami, Florida, United States

Investor Solutions is an independent RIA practice with six financial advisors that collectively oversee $1.1 billion in total client assets. Investor Solutions was formed in 1993 and is based in Miami, Florida.

Buy -
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