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Announced

Completed

Stratos Wealth completed the acquisition of a majority stake in NSC Asesores from Julius Baer Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Majority

Acquisition

Completed

Asset Managers and Custodians

asset and wealth management

Mexico

Private Equity

Friendly

Cross Border

Private

Synopsis

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Stratos Wealth, an SEC registered investment advisor, completed the acquisition of a majority stake in NSC Asesores, a provider of asset management services, from Julius Baer Group. Financial terms were not disclosed. "More than 30 years ago, I founded NSC with a belief that independent and objective financial advice for our clients would drive incredible growth for our team and our clients. As we look ahead to the next 30 years, we are excited to collaborate with Stratos and Julius Baer in support of our strategic objectives in Mexico and around the world," Claudio Nunez, NSC Asesores founder and CEO.

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