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New Deal


Announced

Mercer Advisors to acquire First Ohio Planning.

Financials

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

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Friendly

United States

Private

wealth management

Pending

Acquisition

Single Bidder

Asset Managers and Custodians

Majority

Synopsis

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Mercer Advisors, a wealth management firm, agreed to acquire First Ohio Planning, a wealth management firm. Financial terms were not disclosed. "Jim's extensive experience as a business leader, planner, and community influencer are talents we look for. Combining his operation with our Columbus office affirms our dedication to our clients in Ohio and establishes us as one of the leading firms in that area. We are delighted to join forces with the First Ohio team and look forward to serving their clients with expanded wealth management services for years to come," Dave Welling, Mercer Advisors Chief Executive Officer.

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