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New Deal


Announced

Mercer Advisors acquired Sage Future Financial.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Asset Managers and Custodians

Acquisition

wealth management solutions

Private

Friendly

Single Bidder

Synopsis

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Mercer Advisors, a national Registered Investment Adviser, acquired Sage Future Financial, a respected wealth management RIA located in Albuquerque, New Mexico. Financial terms were not disclosed. The addition of Sage augments Mercer Advisors' already strong presence in the Southwest with three offices in Texas, and another in Arizona. More importantly, it marks Mercer Advisors' entrance to the coveted New Mexico territory. The Sage acquisition brings the firm's total offices to 44 and increases Mercer Advisors' total AUM to over $16.5bn.

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