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

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.