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New Deal


Announced

Completed

Osaic completed the acquisition of 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

Single Bidder

Completed

Synopsis

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Osaic, one of the nation's largest providers of wealth management solutions, completed the acquisition of Lincoln Wealth, the wealth management division of Lincoln National, an insurance company. Financial terms were not disclosed. “Lincoln is focused on continuing to execute on our enterprise strategic pillars, leverage our core strengths to grow our individual insurance solutions and workplace solutions businesses, and deliver long-term value for all of our stakeholders,” Ellen Cooper, Lincoln Financial Group Chairman, President and CEO.

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