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New Deal


Announced

Integrity Marketing to acquire Gladstone Wealth 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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Domestic

Friendly

Acquisition

Majority

Private

wealth management

Pending

United States

Asset Managers and Custodians

Single Bidder

consulting services

Synopsis

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Integrity Marketing, a distributor of life and health insurance, and provider of wealth management and retirement planning solutions, agreed to acquire Gladstone Wealth Partners, a wealth management firm and registered independent advisor. Financial terms were not disclosed. "Through this partnership, we can deliver enhanced technology and a full suite of products and services to our advisors in order to meet the spectrum of clients' needs now and well into the future. Integrity and Gladstone are building a life, health and wealth offering that is unique in the market. I believe we will fundamentally transform many core aspects of financial planning, and I can't wait to get started," Robert Hudson, Gladstone Wealth Founder and Chairman.

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