Announced
Completed
Financials
Tags
Private
Friendly
Completed
Single Bidder
investment management
private wealth management
asset and wealth management
financial advisory
United States
Diversified Financials
Asset Managers and Custodians
Majority
Acquisition
Private Equity
Domestic
Synopsis
Genstar Capital, a private equity firm, completed the acquisition of Cerity Partners, a financial and investment advisory firm, from Lightyear Capital, a private equity firm. Financial terms were not disclosed. “We are excited to partner with Kurt and the entire management team at Cerity as they continue to scale and drive value for their clients. They are well-positioned to achieve outsized growth through their differentiated approach to wealth management,” Tony Salewski, Genstar Capital Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.