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New Deal


Announced

Completed

MAI Capital Management completed the acquisition of Wiener Financial 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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United States

Friendly

Single Bidder

investment planning

Domestic

Private

retirement planning

Acquisition

Asset Managers and Custodians

Majority

Completed

Synopsis

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MAI Capital Management, a fee-based wealth management firm providing planning and investment advisory services, completed the acquisition of Wiener Financial Management, a provider of financial planning, advice, retirement planning, and investment planning services. Financial terms were not disclosed. “Wiener Financial Management adds depth to our existing mid-Atlantic team and complements MAI’s client-focused approach to meeting the needs of our clients. Through the acquisition process, we are able to equip advisors with the depth and breadth of resources necessary to meet the needs of their clients at all life stages,” Steve Trax, MAI Capital Management Regional President.

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