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New Deal


Announced

Completed

Mercer Advisors completed the acquisition of Day & Ennis.

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

wealth management

Asset Managers and Custodians

Majority

Completed

Single Bidder

Acquisition

Domestic

Private

Friendly

Synopsis

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Mercer Advisors, a national registered investment adviser, completed the acquisition of Day & Ennis, a comprehensive wealth management firm headquartered in Macon, Georgia. Financial terms were not disclosed. "John, Bill, and Matt have built a high-quality business staffed by an exceptional team of professionals. In our industry, you are only as good as your people, and their people, like our people, are top notch. Overall we believe the winners, are the clients. Day & Ennis are deeply respected in Georgia and the communities they serve, and we are honored to be partnering with them," David Barton, Mercer Advisors Vice Chairman.

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