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New Deal


Announced

Mercer Advisors to acquire Benemark.

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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wealth management

Acquisition

Pending

Domestic

Friendly

United States

Majority

Single Bidder

Asset Managers and Custodians

Private

Synopsis

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Mercer Advisors, a national registered investment adviser, agreed to acquire Benemark, a respected wealth management firm. Financial terms were not disclosed. "Robert and Gregg have built a great business and strong team and they are highly respected wealth management professionals. We are thrilled to be expanding our presence in Connecticut and look forward to working together to deliver meaningful results for our shared clients," Dave Welling, Mercer Advisors CEO.

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