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New Deal


Announced

Completed

CI Financial completed the acquisition of Radnor Financial 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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Single Bidder

Private

Private Equity

Majority

Asset Managers and Custodians

Domestic

United States

Acquisition

investment management

Friendly

Completed

Synopsis

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CI Financial, a global asset management firm, completed the acquisition of Radnor Financial Advisors, a wealth and investment management firm serving primarily high-net-worth families in the Greater Philadelphia region. Emigrant Partners, a minority shareholder in Radnor, exited its investment. Financial terms were not disclosed. “We’re excited to continue expanding and enriching our U.S. network with high-quality RIAs like Radnor. Adding such an experienced firm furthers our goal of building the leading wealth management platform in the United States. With a team of industry veterans dedicated to high-caliber client service, Radnor is an exemplary RIA and we’re proud to welcome them to CI," Kurt MacAlpine, CI CEO.

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