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New Deal


Announced

Completed

Sage Path Financial completed the acquisition of Bruce D. Chambers Financial.

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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Domestic

tax advisory

Friendly

Asset Managers and Custodians

Majority

Single Bidder

Private

bookkeeping

Acquisition

Completed

United States

Synopsis

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Sage Path Financial, a provider of financial advice and guidance, completed the acquisition of Bruce D. Chambers Financial, a provider of tax preparation, tax planning, bookkeeping services. Financial terms were not disclosed. "We are excited for this step forward in our vision to provide all of our clients a clear journey through their financial world. At Sage Path, we believe in providing advice and guidance to help increase all elements of financial life. Bruce D. Chambers Financial acquisition enhances Sage Path's ability to provide estate and holistic retirement planning. This acquisition allows us to cover our client's financial needs from professional life to retirement and creating the legacy they envision," Jason Fuchs, Sage Path Managing Director.

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