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New Deal


Announced

Completed

Advisor360 completed the acquisition of wealth management technology assets of Agrement Express from Frontier Growth.

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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Asset Managers and Custodians

Private Equity

Majority

United States

Domestic

wealth management

Completed

Private

financial services

Acquisition

Friendly

Single Bidder

Synopsis

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Advisor360, an integrated technology platform, completed the acquisition of wealth management technology assets of Agrement Express, a technology solutions provider, from Frontier Growth, a private equity firm. Financial terms were not disclosed. “Advisor360° gives wealth managers technology solutions that transform the way they connect with clients, which is why this transaction was a perfect fit. 2022 was a year of strong organic growth for Advisor360°. With our first acquisition completed, we’re not slowing down: the Agreement Express transaction meaningfully accelerates our ability to offer expanded choice and connectivity on our platform and we’ll continue to raise the bar in 2023 and beyond,” Rich Napolitano, Advisor360 Chief Executive Officer.

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