Parthenon Capital completed the acquisition of a majority stake in Titan Wealth from Maven Capital and Ares Management.

Parthenon Capital, a private equity firm, completed the acquisition of a majority stake in Titan Wealth, a fund management business, from Maven Capital and Ares Management, two private equity firms. Financial terms were not disclosed. “This is fantastic news for Titan Wealth and our future growth plans. It is a validation of our differentiated client to custody strategy and the partnership positions us well for continued strong organic and inorganic growth. Parthenon is a standout investor and we look forward to working with them," Andrew Fearon, Titan Wealth CEO and Head of M&A.