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New Deal


Announced

Completed

Charlesbank Capital Partners completed the acquisition of a majority stake in Lido Advisors.

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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wealth services

Friendly

Asset Managers and Custodians

Private Equity

asset allocation

Majority

Private

investment management

risk management

Single Bidder

Domestic

Acquisition

United States

Completed

Synopsis

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Charlesbank Capital Partners, a private equity firm, completed the acquisition of a majority stake in Lido Advisors, a financial planning company. Financial terms were not disclosed. “Lido has proven to be an unparalleled home for clients and financial advisors alike, and we are excited to leverage our experience and network to accelerate its organic growth and M&A strategy," Michael Choe, Charlesbank Managing Director & CEO.

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