Announced
Financials
Tags
Domestic
Single Bidder
wealth management
United States
Acquisition
Majority
Private Equity
Friendly
Pending
Private
Private Equity
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.