First Trust Capital Partners Acquires Direct Indexing Firm Veriti Management LLC

Cerity Partners Merges With Verus Investments

February 11, 2026

Wealth Management

Cerity Partners, an independent U.S. wealth and investment management firm, announced it will merge with institutional investment consulting and advisory firm Verus Investments. The combined organization will operate under the Cerity Partners brand and is expected to expand Cerity’s institutional research and advisory capabilities, with the deal slated to close at the end of Q1 2026 subject to regulatory approvals.

TMX Group Acquires Verity from Resurgens Technology Partners

October 1, 2025

Data & Analytics

TMX Group has acquired Verity, a research management software and data analytics platform, from Resurgens Technology Partners. The deal brings Verity's research workflow and data capabilities — used by more than 300 institutional investors — into TMX Datalinx to expand TMX's investment-grade data, insights and workflow tools for asset managers and other institutional clients.

Vanguard Acquires Just Invest to Add Direct Indexing Capabilities

July 13, 2021

Financial Services

Vanguard has entered into an agreement to acquire Just Invest, a tech-driven direct indexing and wealth-management platform that had surpassed $1 billion in assets under management. The acquisition brings Just Invest's customizable direct indexing technology (Kaleidoscope) and team into Vanguard to expand its advisor-facing capabilities and offer tax-managed, personalized portfolios to financial intermediaries and advisors.

Simplicity Group Holdings Acquires Verity Asset Management

July 16, 2025

Financial Services

Simplicity Group Holdings has acquired Verity Asset Management, a Durham, North Carolina-based registered investment adviser founded in 1996. Verity's leadership team will join Simplicity as partners as the firm integrates Verity's wealth management and 403(b) practice to expand Simplicity's client base and service offerings.

GTCR Acquires Fiduciary Trust Company to Expand Wealth Management Platform

November 20, 2025

Financial Services

GTCR has reached a definitive agreement to acquire Fiduciary Company Incorporated (Fiduciary Trust Company and its operating subsidiaries) to introduce institutional capital into the 140-year-old wealth management firm. GTCR will partner with CEO Austin Shapard and management to accelerate growth, broaden service offerings, expand the investment platform, and integrate technology as the deal is expected to close in the first quarter of 2026.

KKR and Veritas Capital Recapitalize Cotiviti

May 2, 2024

Healthcare Services

Cotiviti completed a business recapitalization with investment funds managed by KKR and affiliates of long-standing owner Veritas Capital, with KKR and Veritas becoming equal co-sponsors. The transaction provides Cotiviti with additional capital to accelerate innovation, commercial expansion, new product development, and technology investments. Cotiviti is a healthcare data analytics and technology business serving health plans and select retail customers with integrated SaaS and managed services.