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New Deal


Announced

Focus Financial Partners to acquire Octogone.

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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Pending

Majority

Friendly

Private Equity

Single Bidder

Asset Managers and Custodians

Acquisition

Cross Border

asset and wealth management

Switzerland

Private

Synopsis

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Focus Financial Partners, an investor in independent, fiduciary wealth management firms, agreed to acquire Octogone, a wealth and investment management firm based in Geneva. Financial terms were not disclosed. "Our partnership with Focus is an important step in positioning Octogone for continued strong growth and service excellence to its clients. This transaction will allow us to maintain our firm's independence and entrepreneurial spirit, and promote a solid future for our clients and employees. Focus' scale and unique value proposition will provide us with capabilities to enhance both our business and services to clients. We are incredibly excited for the future of Octogone with Focus as our strategic partner," Joakim D. Lehmkuhl, Octogone Co-Founder and Chairman.

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