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New Deal


Announced

Sequoia Financial to acquire M Capital Advisors.

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

Acquisition

Domestic

Friendly

wealth management

Asset Managers and Custodians

Majority

Private

Pending

Single Bidder

Synopsis

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Sequoia Financial, a wealth manager, agreed to acquire M Capital Advisors, an investment management firm. Financial terms were not disclosed. "M Capital has demonstrated its investment acumen on behalf of clients for decades, and its exceptional investment management capabilities will further strengthen ours. The leadership team at M Capital shares our commitment to providing service offerings that are built expressly for clients, and we look forward to doing just that as we join forces," Tom Haught, Sequoia Founder and CEO.

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