Announced
Synopsis
HPS Investment Partners, a company specializing in credit-focused alternative investments, agreed to invest in Lido Advisors, a company focused on wealth management and personalized financial advisory services. Financial terms were not disclosed. “This partnership with HPS marks an exciting new chapter for Lido, and we are extremely well positioned to continue our momentum delivering for our clients and team. I’m incredibly proud of the growth we’ve achieved the past four years while staying true to our client-first values. Lido’s success has been a true team effort, and I’m especially happy for our more than 135 employee-owners, many of whom joined us through mergers, believing in our mission and growth trajectory. Seeing their commitment rewarded is one of the most fulfilling parts of this journey,” Jason Ozur, Lido CEO.
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