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New Deal


Announced

Completed

Constellation Wealth Capital completed the acquisition of a minority stake in Lido Advisors.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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wealth services

Asset Managers and Custodians

asset allocation

investment management

risk management

United States

Acquisition

Domestic

Private

Minority

Completed

Friendly

Single Bidder

Synopsis

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Constellation Wealth Capital, a firm specializing in making investments in wealth management firms, completed the acquisition of a minority stake in Lido Advisors, an investment advisor. Financial terms were not disclosed. “I’ve been observing Lido for a long time and have been impressed by their operating model, value proposition, and leadership team, all of which have enabled the firm to achieve rapid organic and inorganic growth. We look forward to collaborating with Jason, Ken, and the entire Lido management team, together with Charlesbank, to help them accelerate their ambitious growth objectives,” Karl Heckenberg, CWC Founder and Managing Partner.

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