.
MergerLinks Header Logo

New Deal


Announced

Completed

Choreo completed the acquisition of a wealth management business from BDO USA.

Financials

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

Tags

Edit

United States

Private

Friendly

Single Bidder

wealth management business

Diversified Financials

Acquisition

Domestic

Majority

Completed

Synopsis

Edit

Choreo, an investment advisory firm, completed the acquisition of a wealth management business from BDO USA, a provider of taxation, audit, assurance, advisory, and business outsourcing services. Financial terms were not disclosed. "One of our long-term goals is to be the preferred wealth provider to the tax professional community. The addition of BDO USA's affiliated wealth management business is an important step in that direction. Our membership in BRN combined with integrating the knowledge and experience of their business will help us with our mission of translating wealth into fulfillment for our clients and their communities," Larry Miles, Choreo CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US