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New Deal


Announced

Knights of Columbus Asset Advisors to acquire Institutional Business of Boston Advisors.

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

Pending

asset management services

Private

Single Bidder

Acquisition

Friendly

Majority

Synopsis

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Knights of Columbus Asset Advisors, a New Haven-based asset management and investment firm, agreed to acquire Institutional Business of Boston Advisors, an equity investment advisory firm established in 1982. Financial terms were not disclosed. "The Boston Advisors business model aligns with our objective of providing clients with investment capabilities across several equity strategies. We look forward to serving our new investors and seek to deliver strong investment performance portfolios along with a broad and deep range of strategies across key institutional asset classes." Tony Minopoli, president and chief investments officer of KoCAA.

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