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New Deal


Announced

Osaic to acquire Lincoln Wealth from Lincoln National.

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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Asset Managers and Custodians

Acquisition

Majority

United States

Wealth Planning

asset and wealth management

Domestic

Private

Friendly

Pending

Single Bidder

Synopsis

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Osaic, one of the nation's largest providers of wealth management solutions, agreed to acquire Lincoln Wealth, the wealth management division of Lincoln National, an insurance company. Financial terms were not disclosed. The acquisition has been intentionally structured to create a seamless transition for Lincoln Wealth's advisors and their clients with minimal to no repapering and no change to account numbers. Lincoln National has been a strategic partner to Osaic for more than a decade and the two companies will continue to work together and expand their partnership over time.

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