Announced
Completed
Financials
Sources
Tags
marketing brokerage
Majority
United States
technology platform
Acquisition
Digital Services
Friendly
Private
Completed
Single Bidder
Private Equity
Synopsis
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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