TA Associates acquired Wealth Enhancement Group from Lightyear Capital.

TA Associates, a global growth private equity firm, acquired Wealth Enhancement Group, an independent wealth management firm, from Lightyear Capital. Financial terms were not disclosed. Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group, said, “Having been well-acquainted with TA Associates for over half a decade, we are entering this new partnership with a sense of familiarity combined with excitement about our future, as they have been an attractive partner to support the next phase of our growth. TA Associates stands out in terms of its global scale, its significant expertise in the financial services sector, its embrace of our long-term growth vision, and its strong alignment with our company’s core values and culture.”