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New Deal


Announced

Rosemont to invest in Landmark Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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registered investment adviser

United States

Asset Managers and Custodians

Acquisition

Domestic

Minority

Private

Pending

Friendly

Single Bidder

Private Equity

Synopsis

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Rosemont, a private investor in employee-owned asset and wealth management firms, agreed to invest in Landmark Management, a multi-family office with more than $4bn in assets under management. Financial terms were not disclosed. "We are thrilled to form this partnership with Landmark—which in many respects represents the ideal Rosemont investment—after several years of discussions. Landmark has provided distinctive investment advice and valuable services to a limited number of enduring client families over a long period of time. With Rosemont’s support, it will continue serving these families as well or better for many years to come," Brad Mook, Rosemont Managing Director.

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