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New Deal


Announced

Bluespring Wealth Partners to acquire Retirement Wealth Specialists for $400m.

Financials

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Transaction Value£307m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wealth services

Majority

Single Bidder

Pending

Acquisition

Friendly

Asset Managers and Custodians

Private Equity

United States

Private

Synopsis

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Private equity firm Bluespring Wealth Partners agreed to acquire Retirement Wealth Specialists, a wealth services firm, for $400m. "Retirement Wealth Specialists has an exceptional track record of consistent, above-market growth, and a unique ability to attract and retain clients. We have the utmost respect for Mitch and his team, and firmly believe our partnership will position the firm for an exciting, new chapter. Retirement Wealth Specialists also has an unparalleled strength of culture that we believe to be a perfect complement to Bluespring," Stuart Silverman, Bluespring Wealth Partners President.

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