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New Deal


Announced

Completed

Galway-backed MAI Capital Management completed the acquisition of Winfield Associates.

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 advice

Single Bidder

Asset Managers and Custodians

Acquisition

Private

Friendly

Domestic

Private Equity

Completed

asset management

Majority

wealth management

United States

Synopsis

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Galway-backed MAI Capital Management, a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals, families, professional athletes and entertainers, completed the acquisition of Winfield Associates, a provider of comprehensive financial advice, customized investment portfolios and private wealth services. Financial terms were not disclosed. "MAI is focused on amplifying its impact for high-net-worth investors, consistently delivering strategic wealth management solutions that are driven by comprehensive and customized strategies. The partnership with Winfield advances this mission in the Cleveland region and beyond," John Hahn, Galway Executive Chairman.

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