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New Deal


Announced

Mercer to acquire CCP for $140m.

Financials

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Transaction Value£125m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

Friendly

wealth management

wealth management solutions

Pending

Acquisition

Asset Managers and Custodians

Private

Single Bidder

Synopsis

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Mercer Global Advisors, an asset management service provider is set to acquire CCP, a wealth management firm, for $140m. "We are delighted to join forces with the CCP team and look forward to serving their clients with expanded wealth management services for years to come," Dave Welling, Mercer CEO.

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