Focus Financial Partners-backed Connectus Wealth Advisers to acquire Mid-Continent Capital.

Focus Financial Partners-backed Connectus Wealth Advisers, a global consortium of client-centric advisers that deliver comprehensive wealth management advice, agreed to acquire Mid-Continent Capital, a registered investment adviser located in Chicago. Financial terms were not disclosed. "As we evaluated what was important to us in the next step of our firm's evolution, we found Connectus to be an ideal option. Connectus' shared services and robust value-added capabilities, particularly its client solutions and business development offerings, will allow us to not only devote more time to serving our clients, but also remain on the cutting edge of meeting their needs while helping us to accelerate our growth trajectory," Ed Bruere, Mid-Continent Capital Co-CEO.