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Announced

Completed

CAPTRUST completed the acquisition of Engrave Wealth 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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Private

Completed

Friendly

United States

financial planner

Diversified Financials

Acquisition

Domestic

Majority

Single Bidder

Synopsis

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CAPTRUST, an investment advisory company, completed the acquisition of Engrave Wealth Partners, a wealth management firm. Financial terms were not disclosed. “We recognized the challenges of continuing to serve our existing clients at the highest level while continuing to grow. Ultimately, we were looking for a partner who could help us deepen our offering to existing clients while accelerating our organic growth strategy," Greg Parker, CAPTRUST Co-Founder.

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