Announced
Completed
Synopsis
BharCap Partners, a private investment firm, completed the investment in GCG Advisory Partners, a financial advisory firm. Financial terms were not disclosed. "This transaction fits one of BharCap's high-conviction themes. With its leading platform, diversified base of established advisors, and loyal client base, Joel and the team at GCG have built an excellent business. Together, we have multiple proven levers for future growth, given GCG's recurring, fee-based model; the increasing adoption of financial planning services among our target clients; the continued migration of advisors to RIAs with a strong equity culture; and the substantial capital needed to finance succession planning. We are excited to partner with GCG and build upon the firm's success," Bharath Srikrishnan, BharCap Co-Founder and Managing Partner.
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