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New Deal


Announced

Completed

Pathstone completed the acquistion of Advisor Partners.

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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financial services

Acquisition

Diversified Financials

Majority

Private

Single Bidder

distribution of structured investment solutions

investment solutions

Domestic

United States

Completed

Friendly

Synopsis

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Pathstone, a hedge fund, completed the acquistion of Advisor Partners, a financial technology firm. Financial terms were not disclsosed. "We are very excited to welcome Advisor Partners to our family. We believe our combination raises the bar for the entire industry – offering tax-optimized solutions is now table stakes to providing services to ultra-high net worth clients. Also, having AP as a sister company to Pathstone will give us a greater ability to deliver access to objective investment advice with market-leading customization built specifically for our clients," Matthew Fleissig, Pathstone President.

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