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New Deal


Announced

Kestra-backed Bluespring Wealth Partners to acquire Vector Wealth Management.

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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Single Bidder

assets management

wealth management solutions

Private Equity

Private Equity

Pending

United States

Acquisition

Private

Friendly

Majority

Synopsis

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Private equity firm Kestra Financial-backed Bluespring Wealth Partners is set to acquire Vector Wealth Management, an assets management firm. Financial terms were not disclosed. "After a long and rigorous process, Bluespring emerged as the best partner for us. We are eager to capitalize on the resources and support available through our partnership to keep our firm on the leading edge of our evolving industry,” Thomas G. Fee, Vector Wealth Management Managing Partner.

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