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New Deal


Announced

Completed

Mercer Advisors completed the acquisition of Summit Wealth 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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Majority

wealth management

Acquisition

Single Bidder

United States

Asset Managers and Custodians

Private

Friendly

Completed

Synopsis

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Mercer Advisors, a comprehensive wealth management firm, completed the acquisition of Summit Wealth Advisors, a wealth management firm located in Frisco, Colorado. Financial terms were not disclosed. "We look forward to Bob and Emily joining the team, adding their years of experience and community involvement to our growing presence in Colorado. From the very first conversations with Bob, Emily and the Summit team, it was clear we had a unified vision on how to serve clients and our communities," Dave Welling, Mercer Advisors CEO.

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