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New Deal


Announced

Completed

Carson Group completed the acquisition of Northface Capital Holdings.

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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Completed

Asset Managers and Custodians

financial planning

Domestic

Acquisition

Friendly

United States

Single Bidder

Majority

Private

Synopsis

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Carson Group, an investment advisory services provider, completed the acquisition of Northface Capital Holdings, a financial planning and wealth management firm. Financial terms were not disclosed. "Carson's business model accommodates many advisors' growth and operational needs, but providing a smooth transition plan where one advisor can pass the reins to the next generation and know that their clients will be taken care of is one of the most powerful. In many cases, that may mean partnering with Carson to leverage our practice management support, in other scenarios that could be transitioning into a partly owned or wholly owned office," Nick Engelbart, Carson Group CFO.

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