Announced
Financials
Tags
Pending
wealth management
Acquisition
Single Bidder
United States
Private Equity
Private
Private Equity
Majority
Friendly
private equity
Synopsis
Resolute Investment Managers, a diversified, multi-affiliate asset management platform, agreed to acquire a majority interest in National Investment Services, an asset manager specializing in fixed-income strategies. Financial terms were not disclosed. “NIS has established itself as a fixed-income leader delivering outstanding investment results and providing a high level of client service. Bob and his team have built a strong and successful business, and we’re thrilled to provide the support and resources they need to reach their next level of growth,” Gene Needles, Resolute Chairman and CEO.
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