Announced
Completed
Financials
Sources
Tags
Friendly
Domestic
Majority
investment platform
Investment Banking
Private
Single Bidder
United States
Acquisition
Completed
Synopsis
Orion Advisor Solutions, a provider of tech-enabled fiduciary process, completed the acquisition of TownSquare Capital, an investment and trading platform. Financial terms were not disclosed. “The addition of TownSquare will strengthen Orion’s wealth management capabilities for our growth-focused independent advisor clients by providing them with custom investment solutions via a full-service RIA platform. TownSquare’s appeal to high-net-worth investors aligns well with our focus on growing our Wealth Advisory business. We’re excited to add TownSquare to our wealth management business, creating more value for advisors seeking a highly integrated, most-in-one technology suite,” Eric Clarke, Orion Founder and CEO.
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