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New Deal


Announced

Longwave Financial to merge with JSA Sustainable Wealth Management.

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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Acquisition

Majority

Asset Managers and Custodians

United States

Domestic

Friendly

Single Bidder

ESG investing

wealth management

Pending

Private

Synopsis

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Longwave Financial, a financial planner in New York City, agreed to merge with JSA Sustainable Wealth Management, an independent financial firm. Financial terms were not disclosed. "The cornerstone of JSA is a dedication to sustainable investing. Finding a merger partner and successor that shares that same commitment for offering impact-focused solutions, led my search directly to Longwave. I’ve also had the pleasure of getting to know Nathan on a professional and personal level for almost a decade, and we hold similar values in our approach to our clients and team members, so I can feel confident they’re in good hands," Jeffrey Scales, JSA Managing Principal.

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