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New Deal


Announced

Performance Trust Capital Partners to acquire Monroe Financial Partners.

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

Single Bidder

Private

market-making platform

Online and Social Platforms

Acquisition

Friendly

Pending

Domestic

Majority

Synopsis

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Performance Trust Capital Partners, a company that buys and sells securities, other investment products, and manages investment portfolios and financial planning services, agreed to acquire Monroe Financial Partners, a national market-making platform supporting community banks, depository investors, and other financial services companies. Financial terms were not disclosed. "Given the challenging operating environment for banks, we expect there will be opportunity for growth and market share gains for those who are prepared. This acquisition will enhance our ability to help our clients win and confidently act on a broader set of strategic options," Daryle DiLascia, Performance Trust Head of Equities.

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