.
MergerLinks Header Logo

Announced

Completed

CI Financial completed the acquisition of Dowling & Yahnke.

Financials

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

Tags

Edit

Single Bidder

Friendly

Acquisition

United States

Asset Managers and Custodians

Private

registered investment advisor

Majority

Domestic

Completed

Synopsis

Edit

CI Financial, an independent company offering global asset management and wealth management advisory services, completed the acquisition of Dowling & Yahnke, a San Diego-based registered investment advisor firm. Financial terms were not disclosed. "Dowling & Yahnke is one of the top RIAs in the US and we’re thrilled to welcome the team to CI. Dale Yahnke and his team have built an exceptional business distinguished by their dedication to clients, deep expertise in holistic wealth planning, and an enduring reputation for excellence," Kurt MacAlpine, CI CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US