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New Deal


Announced

Completed

True North Advisors completed the acquisition of Peak Development.

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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marketing brokerage

Majority

United States

technology platform

Acquisition

Digital Services

Friendly

Private

Completed

Single Bidder

Private Equity

Synopsis

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True North Advisors, a wealth management firm, completed the acquisition of Peak Development, a provider of technology platform for marketing business brokerages and advisors. Financial terms were not disclosed. "Today's acquisition will allow BBIC member brokerages to increase their enterprise value and to offer more effective service to buyers and sellers of businesses. We are acquiring a powerful lead-generation and business-development engine that will benefit the BBIC's members and create an ecosystem of growth and innovation," Brian Slipka, True North Managing Partner.

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