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New Deal


Announced

Completed

Hightower completed the investment in Highland Private Wealth Management.

Financials

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

Tags

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Private

Domestic

United States

Acquisition

Friendly

Asset Managers and Custodians

Single Bidder

Completed

financial services

wealth management

Minority

Synopsis

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Hightower, a wealth management firm, completed the investment in Highland Private Wealth Management, a $1.2bn wealth advisory and investment management business located in Bellevue, Washington. Financial terms were not disclosed. "At Highland, we believe in acting as the central 'wealth confidant' to clients, providing them with deep financial knowledge and specialized coaching to help them connect their money to a life of meaning and purpose. Our strategic partnership with Hightower – which includes access to institutional-level value-added services, operational scale and support – is a key step in advancing how we serve our clients and grow our business. The partnership enables us to retain our entrepreneurial spirit and autonomy, which has been central to our success," John Christianson, Highland CEO and Founder.

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