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New Deal


Announced

Aquiline Capital Partners to invest in SageView Advisory Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

retirement planning

wealth management

Majority

United States

Asset Managers and Custodians

Single Bidder

Acquisition

Friendly

Pending

Private

Synopsis

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Aquiline Capital Partners, a private investment firm based in New York and London, agreed to invest in SageView Advisory Group, a trusted advisor in retirement planning and wealth management. Financial terms were not disclosed. "This investment provides us with the capital for continued growth in the institutional retirement and wealth management arenas, as well as expanded ownership among our advisors and key associates at SageView. We have created a unique culture that is of great value to us, which made Aquiline the right choice for a capital partner. Aquiline shares in our vision for the future and is committed to independence, our people and technology. Partnering with Aquiline will help us better serve our clients and grow our business for the long-term," Randy Long, SageView Founder and Managing Principal.

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