.
MergerLinks Header Logo

New Deal


Announced

Completed

OneDigital Investment Advisors completed the acquisition of the Institutional Retirement Business of Truist.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Acquisition

investment advisory services

Domestic

Private

United States

Asset Managers and Custodians

Single Bidder

Completed

Disposal

Friendly

Synopsis

Edit

OneDigital Investment Advisors, a strategic advisory firm, completed the acquisition of the Institutional Retirement Business of Truist, a financial services company. Financial terms were not disclosed. Under the terms of the OneDigital agreement, investment advisory services for approximately 1.2k, representing $10bn in plan assets, will now be delivered by OneDigital.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US