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New Deal


Announced

Coldstream Wealth Management to merge with Paracle 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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Acquisition

registered investment advisor

Majority

United States

Single Bidder

Private

Friendly

Merger

Asset Managers and Custodians

Domestic

Pending

Synopsis

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Coldstream Wealth Management, an employee-owned, independently operated wealth management firm, agreed to merge with Paracle Advisors, a wealth management company. Financial terms were not disclosed. "We're thrilled to partner with Paracle Advisors and to bring our two firms together in what we view as a true merger of equals. Successfully combining two leading RIA firms, without inviting private equity or outside equity capital, supports our joint leadership team's commitment to independence, in spirit, strategy and service to our clients," Kevin Fitzwilson, Coldstream Managing Shareholder.

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