Announced
Synopsis
Carlyle Group, Oak Hill Capital, and Harvest Partners-backed Galway Holdings, a financial services distribution company, agreed to invest in MAI Capital Management, a full-service, independent registered investment adviser. Financial terms were not disclosed. "We are excited to partner with Rick Buoncore and the MAI team to provide capital and resources that will help sustain the continued growth of its premier wealth management platform. This includes our shared vision of delivering risk management and insurance solutions via our EPIC Select platform directly to high-net and ultra-high-net-worth clients and MAI’s best-in-class trusted advisory services under one roof," John Hahn, Galway Holdings Executive Chairman.
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