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New Deal


Announced

Mariner Wealth Advisors to acquire AndCo Consulting and Fourth Street Performance 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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Single Bidder

Domestic

Private

Majority

Diversified Financials

Friendly

Pending

United States

consulting firm

Acquisition

investment consulting

Synopsis

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Mariner Wealth Advisors, a wealth advisory firm, agreed to acquire AndCo Consulting, an independent institutional investment and retirement plan consulting firm, and Fourth Street Performance Partners, an independent investment consulting firm. Financial terms were not disclosed. “The complementary nature of our clients and services will support our joint growth and offer existing clients and prospects additional services that will help enhance the overall client outcome. Mariner, AndCo and Fourth Street share an objective and client-first approach, a focus on associate development and unyielding support for our communities. This leads to a strong cultural alignment and great opportunities ahead,” Marty Bicknell, Mariner Wealth Advisors CEO and President.

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