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New Deal


Announced

Completed

Mercer Advisors completed the acquisition of Harrison & Company.

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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wealth management

Asset Managers and Custodians

Domestic

United States

Acquisition

Private

Friendly

Majority

Completed

Single Bidder

Synopsis

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Mercer Advisors, a registered investment adviser, completed the acquisition of Harrison & Company, a wealth management firm. Financial terms were not disclosed. "Bruce and Ian were looking to build scale to create necessary leverage or join a like-minded firm that already climbed that mountain. They chose to join us and the cultural fit between our two firms is superior. This is a win-win transaction for all concerned and this acquisition builds on our already deep presence in the Virginia, D.C. area," David Barton, Mercer Advisors Vice Chairman and CEO.

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