WPCG and HGGC-backed Waverly Advisors completed the acquisition of NBW Capital.

WPCG and HGGC-backed Waverly Advisors, a federally registered investment adviser specialized in investment management, financial planning and wealth management solutions, completed the acquisition of NBW Capital, an investment advisory firm. Financial terms were not disclosed. "Waverly’s M&A initiative has always focused on building a cohesive, integrated firm that delivers a world-class, service-oriented client experience. By partnering with NBW, Waverly is able to strengthen its existing equity strategy and offer clients a more sophisticated investment portfolio approach," Justin Russell, Waverly Advisors President and CEO.