Hellman & Friedman acquired Edelman Financial Services.

Hellman & Friedman acquired Edelman Financial Services, one of the largest independent financial planning firms in the nation. Financial terms were not disclosed. Allen Thorpe, Managing Director of Hellman & Friedman, said, “The outstanding financial planners and leaders at EFS have built an extraordinary business by delivering sound financial advice for clients. We embrace their tradition and look forward to investing in the business to help Ric and his team accelerate the firm’s success.”