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New Deal


Announced

Completed

Private Advisor Group completed the acquisition of Investors Financial Group.

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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Domestic

Asset Managers and Custodians

United States

Majority

Friendly

Acquisition

investment advisor

Private

Completed

Single Bidder

Synopsis

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Private Advisor Group, a wealth management firm, completed the acquisition of Investors Financial Group, a registered investment advisor. Financial terms were not disclosed. "Enabling advisor growth, helping advisors with their own legacy planning, and fostering a connected community are key principles that underpin our strategy at Private Advisor Group. This represents a special milestone as both firms will benefit from the scale and quality of combined resources. We're thrilled to welcome the IFG team and look forward to fueling the success of our advisor community together," Frank Smith, Private Advisor Group Head of Advisor Growth.

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