.
MergerLinks Header Logo

New Deal


Announced

Oak Hill Capital completed the acquisition of a minority stake in Kestra from Stone Point Capital.

Financials

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

Tags

Edit

Single Bidder

Completed

Private

Friendly

Acquisition

Domestic

Diversified Financials

financial sercives

investment advisory services

United States

Private Equity

Minority

Synopsis

Edit

Oak Hill Capital, a private equity investor, completed the acquisition of a minority stake in Kestra, a wealth management platform, from Stone Point Capital, a private equity firm. Financial terms were not disclosed. "The longstanding relationship with Warburg Pincus, and the addition of Oak Hill Capital, allows us to continue to scale our platform, invest in our team and bring new capabilities to financial professionals and the clients they serve," James Poer, Kestra CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US