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Announced

Completed

Cerity Partners completed the merger with Investec Wealth Management.

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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Completed

financial services

Friendly

Acquisition

Private

Majority

Diversified Financials

United States

wealth management

Merger

Domestic

Single Bidder

Synopsis

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Cerity Partners, a financial advisory firm, completed the merger with Investec Wealth Management, a financial services provider. Financial terms were not disclosed. "We are excited to begin the new year with our new colleagues from Investec who share our service mindset and commitment to offering holistic wealth management services that addresses the full spectrum of client needs. This merger will expand Cerity Partners presence in Texas, a rapidly-growing region of the economy," Kurt Miscinski, Cerity Partners CEO and President.

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