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New Deal


Announced

LPL Financial to acquire Atria Wealth Solutions.

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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United States

asset and wealth management

Friendly

Single Bidder

Asset Managers and Custodians

Private

Pending

Acquisition

Domestic

Majority

Private Equity

Synopsis

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LPL Financial, a provider of investment and business solutions for independent financial advisors, agreed to acquire Atria Wealth Solutions, a wealth management solutions holding company. Financial terms were not disclosed. “Atria has built a great community of advisors and institutions, led by their client-centered culture. We look forward to welcoming their advisors and institutions to the LPL family, and to helping them optimize their success by providing the capabilities, technology and services to differentiate and win in the marketplace and run thriving businesses," Dan Arnold, LPL Financial President and CEO.

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