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New Deal


Announced

Mercer Advisors to acquire Kingfisher Capital.

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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Domestic

Pending

financial services

United States

Asset Managers and Custodians

Acquisition

Majority

Private

Friendly

Single Bidder

Synopsis

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Mercer Advisors, a wealth-management firm, agreed to acquire Kingfisher Capital, a money management and investment advisory services provider. Financial terms were not disclosed. "KC is an ideal fit for us. Alex and H.K. are high-integrity professionals with a fantastic team and we are thrilled that they are joining our mission to build the nation's leading fiduciary-based wealth management firm. Together with our already strong presence in the South/Southeast, we present a formidable juggernaut. We are thrilled they are joining the Mercer Advisors team and look forward to working together to deliver meaningful results for our shared clients," Dave Welling, Mercer Advisors CEO.

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