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New Deal


Announced

Completed

Kennedy Lewis Investment Management completed a $175m investment in Sanctuary Wealth.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Acquisition

Minority

Completed

Domestic

Private

Asset Managers and Custodians

asset and wealth management

United States

Single Bidder

Private Equity

Synopsis

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Kennedy Lewis Investment Management, a private equity firm, completed a $175m investment in Sanctuary Wealth, a financial services company. Financial terms were not disclosed. "In a short period of time, the Sanctuary Wealth leadership team has built a world-class, client-first business that is poised to continue disrupting the highly fragmented US RIA industry. This is an exciting opportunity for Kennedy Lewis to invest behind an innovative platform as it embarks on the next stage of growth," David K. Chene, Kennedy Lewis Co-Founder.

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