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New Deal


Announced

OneDigital to acquire Resources Investment Advisors.

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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United States

investment adviser

Private

Acquisition

Friendly

Pending

Financial Data and Systems

Majority

Single Bidder

Private Equity

Synopsis

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OneDigital, a strategic advisory firm, agreed to acquire Resources Investment Advisors, an independent hybrid registered investment adviser firm. Financial terms were not disclosed. “As we enter this next chapter, we see Resources and their affiliate companies as an important and strategic expansion of our services. It’s clear that taking a holistic approach to employee benefits, retirement planning and wealth management is at the forefront of our client’s needs and their employees’ wellbeing,” Adam Bruckman, OneDigital President and CEO.

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