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New Deal


Announced

Completed

Atria Wealth Solutions completed the acquisition of Western International Securities.

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

mutual funds

investment advisors

brokerage services

financial planning services

Investment Banking

Acquisition

Majority

Private

Single Bidder

Friendly

Completed

Synopsis

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Atria Wealth Solutions, a multi-channel wealth management solutions holding company, completed the acquisition of Western International Securities, a brokerage and investment solutions provider. Financial terms were not disclosed. Atria's acquisition of WIS represents another strategic move forward in delivering an industry-leading offering in the fast-changing independent wealth management space. "The acquisition of WIS is another step forward for our firm, our clients and the financial industry at large. The intensely rapid and evolving wealth management landscape is forcing firms to rethink their value proposition and offer greater expertise and choice to their clients. We are very excited to welcome all of the advisors and employees of WIS and look forward to our bright future together," Doug Ketterer, Atria, Founding Partner and CEO.

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