.
MergerLinks Header Logo

New Deal


Announced

Cerity Partners to acquire AJ Wealth.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Domestic

United States

wealth management company

Asset Managers and Custodians

Acquisition

Majority

Private

Pending

Single Bidder

Synopsis

Edit

Cerity Partners, an investment advisor that offers financial planning to individuals, agreed to acquire AJ Wealth, a comprehensive wealth management company. Financial terms were not disclosed. "Partnering with Cerity Partners is a natural evolution of our firm. From our time working with Goldman Sachs partners within the Goldman Sachs Family Office to the founding of AJ Wealth, we constantly strive to exceed client expectations and provide the highest level of service in the industry as well as the most creative and sophisticated planning. Our clients work with us because we are a true 'financial planning first' firm providing a suite of family office services that allow us to handle all aspects of their financial lives. Our clients have complex financial situations and are looking for someone to oversee their entire financial picture. Our experience matched with Cerity Partners' wide range of services and investment capabilities will help make this partnership very successful for our clients and firm. We look forward to leveraging our expertise to create a best-in-class family office service for Cerity Partners," Andrew Cooper, AJ Wealth Co-founder.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US