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Announced

Completed

GTCR completed the acquisition of a 25% stake in CAPTRUST for $313m.

Financials

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Transaction Value£249m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

retirement consulting

Asset Managers and Custodians

Completed

financial planning

Single Bidder

wealth management

United States

Acquisition

Private Equity

Friendly

advisory services

Private

investment services

Domestic

Synopsis

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GTCR, a private equity firm, completed the acquisition of a 25% stake in CAPTRUST Financial Advisors, an asset manager and investment advisor, for $313m. "We see great potential in the independent RIA space and believe that CAPTRUST is uniquely positioned to continue its extraordinary growth trajectory through the current market conditions and beyond. They have a history of being aggressive when markets are uncertain, so this is an ideal time to partner with Fielding and his deep bench of talented professionals," Collin Roche, GTCR Managing Director.

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