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New Deal


Announced

Mercer Advisors to acquire AFI Wealth Strategies.

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

Single Bidder

wealth management

United States

Acquisition

Majority

Private Equity

Friendly

Pending

Private

Private Equity

Synopsis

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Mercer Advisors, an investment adviser, agreed to acquire AFI Wealth Strategies, a wealth management firm. Financial terms were not disclosed. "Andy built a successful practice but was maxed out from a capacity standpoint. For Andy, he was faced with the proposition of growing and investing in his business, or, alternatively, join one that had already built a fully institutionalized successful business his clients would appreciate. Key to that decision was Andy realizing merging his business was not the end of his career, quite the opposite," David Barton, Mercer Advisors Vice Chairman.

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