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New Deal


Announced

Completed

Wealth Enhancement Group completed the acquisition of 10-15 Associates.

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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Single Bidder

investment adviser

Domestic

United States

Completed

Friendly

Majority

Asset Managers and Custodians

Acquisition

Private

Synopsis

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Wealth Enhancement Group, an independent wealth management firm that oversees $20.3bn in client assets, completed the acquisition of 10-15 Associates, an independent registered investment adviser. Financial terms were not disclosed. "We are delighted to welcome 10-15 Associates to the Wealth Enhancement Group team. As we have continued to expand our footprint across the country and in the New York / Tri-State region specifically, we have been very deliberate in identifying and partnering with exceptional advisors who bring as much to our team as our strategic growth initiatives and back office capabilities add for them and their firms. Deborah, Michael and all the professionals at 10-15 Associates exceeded our expectations, and we are eager to help them further accelerate their growth as part of our platform," Jeff Dekko, Wealth Enhancement Group CEO.

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