Private Equity-Backed Financial Services Acquisitions
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March 16, 2026
- Buyer
- Bain Capital Private Equity
- Target
- Perpetual Wealth Management Group
- Seller
- Perpetual
- Industry
- Financial Services
- Location
- Australia
- Type
- Buyout
Perpetual has entered into a binding agreement to sell its Wealth Management business (the Perpetual Wealth Management Group) to Bain Capital Private Equity. The deal values the business at A$500 million upfront, with additional contingent payments based on performance, including an earnout of up to A$50 million.
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March 14, 2026
- Buyer
- Charlesbank Capital Partners
- Target
- Overbay Capital Partners
- Industry
- Financial Services
- Location
- Ontario, Canada
- Type
- Growth capital
Overbay Capital Partners announced it has entered into a definitive agreement for a strategic growth investment from funds managed by Charlesbank Capital Partners. Financial terms were not disclosed, and Overbay’s existing leadership team is expected to remain significant long-term shareholders with full control and independence over investment activities.
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March 11, 2026
- Buyer
- Security Financial Management (SFM), Bluespring Wealth Partners
- Target
- Pittman Financial Group
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Addon
Bluespring Wealth Partners announced that Pittman Financial Group and its team, led by founder Page Pittman, will merge into Security Financial Management (SFM), an existing Bluespring partner firm. The move expands SFM’s advisor base and grows total assets managed by SFM advisors to approximately $1.3B, while supporting advisor succession planning and continuity for Pittman’s clients.
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March 6, 2026
- Buyer
- Concord
- Target
- Finley Technologies
- Seller
- Jeremy Tsui (Founder and CEO of Finley Technologies)
- Industry
- Financial Services
- Location
- Arizona, United States
- Type
- Buyout
Concord, a provider of credit administration servicing and software, acquired Finley Technologies, which develops credit facility management software for banks, asset managers, and corporate borrowers. The acquisition adds Finley’s Credit Management System to Concord’s capital markets administration platform to automate borrowing base calculations, covenant monitoring, credit agreement administration, portfolio analytics, and investor reporting.
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February 26, 2026
- Buyer
- Harvest Commercial Capital, LLC
- Target
- Crossroads Impact Corp
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Harvest Commercial Capital (HCC) announced a merger with Crossroads Impact Corp (CRSS) to combine HCC’s owner-occupied small business commercial lending platform with Crossroads’ residential CDFI capabilities. The combined organization will continue operating under their respective brands and aims to expand access to capital in low- and moderate-income communities while enhancing CRA and SBA-focused lending solutions.
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- Buyer
- The Vistria Group
- Target
- Lumen Holdings, LLC
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
The Vistria Group acquired Lumen Holdings, a technology-enabled managing general agent (MGA) headquartered in Dallas, to establish Lumen as a new platform investment in Vistria’s Financial Services strategy. Lumen operates across 30+ states and uses its proprietary KURRENT digital underwriting and distribution platform to support program launches and underwriting performance.
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- Buyer
- Capital Constellation, Wafra Inc.
- Target
- Gallatin Point Capital LLC
- Industry
- Financial Services
- Location
- United States
- Type
- Growth capital
Capital Constellation, an investment platform managed by Wafra Inc. (
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February 20, 2026
- Buyer
- The Carlyle Group, Carlyle investment funds (affiliated with The Carlyle Group)
- Target
- Nido Home Finance Limited
- Seller
- Edelweiss Financial Services Limited
- Industry
- Financial Services
- Location
- India
- Type
- Growth capital
Edelweiss Financial Services Limited will bring in The Carlyle Group as a strategic majority investor in Nido Home Finance Limited via an INR 2,100 Cr (about USD 230m) investment. The deal includes a secondary purchase of a 45% stake in Nido from Edelweiss and a primary INR 1,500 Cr capital infusion to support Nido’s growth in India’s affordable housing and mass-market segments.
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February 10, 2026
- Buyer
- MPowered Capital
- Target
- A1A Investment Partners, LLC
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Growth capital
MPowered Capital has made a seed capital investment in A1A Investment Partners to accelerate A1A's healthcare-focused private credit platform. The partnership will provide capital and strategic support (via MPowered's GSP seeding strategy and MULTIPLIER PROGRAM) to help A1A scale its investment activity across the U.S. lower middle market.
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February 8, 2026
- Buyer
- Blue Ridge Associates
- Target
- AmbroseAdvisors (ESOP third‑party administration services business)
- Seller
- AmbroseAdvisors
- Industry
- Financial Services
- Location
- California, United States
- Type
- Divestiture
Blue Ridge Associates has acquired the ESOP third‑party administration (TPA) services business from AmbroseAdvisors, including the ESOP administration team and clients. AmbroseAdvisors will retain its advisory business while Blue Ridge expands its ESOP administration capabilities and client base to meet growing demand for ESOP formation and related services.
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- Buyer
- Carson Group
- Target
- Carson Wealth Milton
- Industry
- Financial Services
- Location
- Georgia, United States
- Type
- Buyout
Carson Group has fully acquired its Carson Wealth location in Milton, Georgia, bringing the Milton, Atlanta and Dunwoody offices under a wholly owned structure. The move is intended to deepen Carson Group’s regional footprint in Georgia, expand client access to tax planning and private client services, and support advisor succession and future acquisitions across the Southeast.
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February 5, 2026
- Buyer
- CAPTRUST Financial Advisors
- Target
- Meritage Portfolio Management
- Industry
- Financial Services
- Location
- Kansas, United States
- Type
- Buyout
CAPTRUST Financial Advisors has onboarded Meritage Portfolio Management, a Kansas City–based wealth and investment management firm with $2.4 billion in client assets. The Meritage team of 17 colleagues (including nine advisors) joined CAPTRUST in a deal that closed in December 2025 and will operate under the CAPTRUST brand; Houlihan Lokey served as Meritage's financial advisor.
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February 5, 2026
- Buyer
- KKR
- Target
- Arctos Partners
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
KKR announced it entered into a definitive agreement to acquire Arctos Partners, an institutional investor focused on buying minority stakes in professional sports franchises and providing structured capital solutions to alternative asset managers. The deal is initially valued at $1.4 billion with additional contingent consideration, and KKR plans to expand into sports investing and build a larger multi-asset secondaries and solutions platform under a new business line, KKR Solutions.
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- Buyer
- Pivotal Growth Limited (Pivotal)
- Target
- CLS Money Limited, Simply Lending Solutions Limited
- Industry
- Financial Services
- Location
- England, United Kingdom
- Type
- Addon
Pivotal Growth Limited (part of the Pivotal group) has completed the acquisition of CLS Money Limited and entered into an agreement to acquire Simply Lending Solutions Limited, subject to customary closing conditions. The deals expand Pivotal’s specialist mortgage advisory capability in the UK, bringing together firms with a technology-led approach and a combined revenue base of more than £10 million and a combined workforce of over 100 colleagues.
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- Buyer
- Pepper Advantage, J.C. Flowers & Co.
- Target
- Computershare Loan Services
- Seller
- Computershare
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
Pepper Advantage has completed its acquisition of Computershare’s UK mortgage servicing business, Computershare Loan Services. The deal expands Pepper’s UK footprint and increases its assets under management while extending its PRISM credit management platform across the acquired loan servicing portfolio, including Zephyr and Topaz Finance lending operations.
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- Buyer
- K2 Group Holdings Limited (K2 International)
- Target
- Rising Edge (Management Liability Underwriting business)
- Seller
- Rising Edge
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Divestiture
K2 Group Holdings Limited (K2 International) has acquired the management liability underwriting business and book of business from Rising Edge, establishing a new London-based division rebranded as K2 Executive Risk Limited led by Yoel Brightman. The deal transfers the existing book and capacity arrangements to K2 and expands the group's Financial Lines capabilities within its London underwriting platform.
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- Buyer
- Permira
- Target
- Carne Group
- Seller
- Vitruvian Partners, several other minority shareholders
- Industry
- Financial Services
- Location
- Ireland
- Type
- Growth capital
Permira-backed funds have agreed to acquire a significant minority stake in Carne Group, a European third-party management and fund regulation/governance solutions provider, at an enterprise valuation of €1.4 billion. Carne’s founder, management team and employees will retain majority ownership, and the investment is intended to accelerate growth of its technology platform, Curator.
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January 30, 2026
- Buyer
- Pollen Street Capital
- Target
- Thesis Holdings Limited (Tutman)
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
Pollen Street Capital has agreed to acquire Thesis Holdings Limited, known as Tutman, a fund services platform providing fund administration, corporate service, and transfer agency services to institutional investors, wealth managers, and family offices. The deal is positioned as the next phase of Tutman’s growth as outsourcing demand rises amid increasing regulatory complexity, including further expansion in Luxembourg and Ireland.
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January 29, 2026
- Buyer
- Cetera Financial Group, The Retirement Planning Group (TRPG)
- Target
- Plains Wealth Management
- Industry
- Financial Services
- Location
- Texas, United States
- Type
- Buyout
Cetera Financial Group has completed the acquisition of Plains Wealth Management, a Houston-based independent wealth management practice that oversees approximately $400 million in client assets. The Plains team will join The Retirement Planning Group (TRPG), Cetera's employee-based RIA, expanding TRPG's footprint into the Houston market and providing the Plains team with growth and succession options.
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January 27, 2026
- Buyer
- Cambridge Capital
- Target
- STAT, The Moresby Group
- Industry
- Financial Services
- Location
- Florida, United States
- Type
- Addon
Cambridge Capital announced the combination of its portfolio company STAT with The Moresby Group to create a tech-enabled financial operations platform for large enterprises. The combined business will optimize financial performance across accounts receivable (revenue recovery) and procurement spend (long-tail procurement optimization).
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January 24, 2026
- Buyer
- Warner Pacific, Lovell Minnick Partners
- Target
- Brokers Holding Group
- Industry
- Financial Services
- Location
- South Carolina, United States
- Type
- Addon
Warner Pacific, a PE-backed national general agency, has acquired Brokers Holding Group (BHG), a South Carolina–based general agency specializing in level-funded health plans and alternative funding strategies. The deal expands Warner Pacific’s footprint across the Southeast (South Carolina, North Carolina, Georgia and Tennessee) and deepens its capabilities in level-funded employee benefits while BHG will continue operating under its existing brand with co-owners Scott Lee and Lee Long remaining in leadership roles.
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January 23, 2026
- Buyer
- Merit Financial Advisors
- Target
- TL Financial Group
- Industry
- Financial Services
- Location
- Michigan, United States
- Type
- Buyout
Merit Financial Advisors has acquired TL Financial Group, a Southgate, Michigan-based wealth management firm, adding approximately $217 million of client assets and establishing Merit's first office in Michigan (Detroit metro). The transaction closed on January 23, 2026; TL founder Tony LaJeunesse will join Merit as wealth manager, area director, and partner. Financial terms were not disclosed.
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January 23, 2026
- Buyer
- Lovell Minnick Partners, Carlyle AlpInvest
- Target
- SRS Acquiom
- Industry
- Financial Services
- Location
- Colorado, United States
- Type
- Recapitalization
Lovell Minnick Partners closed a single-asset continuation vehicle for SRS Acquiom in a transaction led by Carlyle AlpInvest, providing fresh capital and a refreshed ownership structure while keeping existing and new investors and management as shareholders. The recapitalization is intended to support SRS Acquiom's next phase of growth — including international expansion across the U.K. and Europe, a push on strategic acquisitions, and further investment in tech-enabled solutions.
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January 22, 2026
- Buyer
- Cetera Financial Group
- Target
- Darnall Sikes Wealth Partners
- Industry
- Financial Services
- Location
- Louisiana, United States
- Type
- Buyout
Cetera Financial Group has acquired the wealth management business of Darnall Sikes Wealth Partners, adding approximately $1.9 billion in client assets to its RIA model. The Darnall Sikes team — based in Louisiana with four locations and clients across more than 40 states — will join Avantax Planning Partners within Cetera's RIA channel, providing succession solutions for the firm's advisors and expanding Cetera's advisor network and AUM.
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January 22, 2026
- Buyer
- EQT AB
- Target
- Coller Capital
- Seller
- Jeremy Coller, Institutional Minority Sellers (minority shareholders of Coller Capital, unnamed), Key Persons (named as other key members of Coller Capital’s management; unnamed), State Street (current Coller Capital minority shareholder)
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
EQT AB has signed an agreement to acquire Coller Capital, a global secondaries specialist, in a $3.2 billion transaction structured primarily through newly issued EQT ordinary shares. EQT will also acquire 10% of carried interest in Coller’s private equity secondaries flagship fund CIP IX, and the deal is expected to close in Q3 2026 subject to regulatory approvals and certain investor consents.
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January 14, 2026
- Buyer
- Portage Ventures (Sagard / Power Corporation of Canada), Goldman Sachs Asset Management, Unnamed European family (investor)
- Target
- Point72 Ventures fintech portfolio (stakes in ~40 private fintech companies), DriveWealth LLC, Flybits
- Seller
- Point72 Ventures
- Industry
- Financial Services
- Location
- United States
- Type
- Recapitalization
Portage Ventures (part of Power Corp./Sagard) has taken over management of Point72 Ventures' fintech portfolio — stakes in about 40 private fintech companies — and rolled the assets into a new US$280 million continuation fund. Point72 Ventures retains a 40% stake in the vehicle, which was financed by Goldman Sachs Asset Management, Portage and an unnamed European family; Point72 partner Tripp Shriner joined Portage as a general partner.
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- Buyer
- Kelso & Company, Kelso & Company (secondary buyer via minority common equity transaction)
- Target
- Wellington-Altus Financial Inc.
- Industry
- Financial Services
- Location
- Manitoba, Canada
- Type
- Growth capital
Wellington-Altus Financial Inc. successfully closed a nearly CAD $400 million secondary minority common equity investment in which Kelso & Company acquired a 25% stake. The deal values Wellington-Altus at over CAD $1.5 billion and provides liquidity to some existing Canadian shareholders while keeping the company majority-owned by Canadians.
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January 7, 2026
- Buyer
- Verso Group (Verso Wealth Management), Cairngorm Capital Partners LLP
- Target
- Everlong Wealth Limited
- Industry
- Financial Services
- Location
- Derbyshire, United Kingdom
- Type
- Addon
Verso Group, a Cairngorm Capital portfolio company, has acquired Everlong Wealth Limited, a Midlands-based chartered financial planning firm. The add-on deal expands Verso's adviser network and strengthens its presence and capabilities across the Midlands.
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- Buyer
- EP Wealth Advisors, LLC
- Target
- Capital Insight Partners, LLC
- Industry
- Financial Services
- Location
- Arizona, United States
- Type
- Addon
EP Wealth Advisors, a fee-only registered investment advisor, has partnered with Capital Insight Partners, a Scottsdale-based wealth management firm with over $730 million in AUM, and integrated the CIP advisory team into EP Wealth’s Arizona region. Nine members of the CIP team will join EP Wealth; CIP co-founder Susan Anastasiadis will join EP Wealth as Senior Vice President. Financial terms were not disclosed.
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January 5, 2026
- Buyer
- Oakley Capital
- Target
- Global Loan Agency Services (GLAS)
- Seller
- Levine Leichtman Capital Partners (LLCP)
- Industry
- Financial Services
- Location
- England, United Kingdom
- Type
- Buyout
Levine Leichtman Capital Partners (LLCP) has entered into an agreement to sell its portfolio company Global Loan Agency Services (GLAS) to Oakley Capital, a European private investment firm. Financial terms were not disclosed, and completion is subject to regulatory approvals.
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December 31, 2025
- Buyer
- Apella Wealth
- Target
- PBMares Wealth Management, LLC
- Seller
- PBMares LLP
- Industry
- Financial Services
- Location
- Virginia, United States
- Type
- Addon
Apella Wealth announced that PBMares Wealth Management, the wealth management division of PBMares LLP based in Williamsburg, Virginia, has joined Apella, expanding the firm's Mid‑Atlantic presence. The deal closed December 31, 2025 and brings Apella closer to $10 billion in assets under management while adding advisory and CPA expertise to its platform.
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- Buyer
- Blackstone GP Stakes (Blackstone), Blue Owl GP Strategic Capital (Blue Owl)
- Target
- Atlas Holdings
- Industry
- Financial Services
- Location
- Connecticut, United States
- Type
- Growth capital
Blackstone (via Blackstone GP Stakes) and Blue Owl (via Blue Owl GP Strategic Capital) announced a strategic minority investment in Atlas Holdings. Atlas Holdings is a Greenwich, Connecticut–headquartered owner-operator platform that owns and operates a diversified set of industrial, manufacturing, and distribution businesses.
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December 22, 2025
- Buyer
- Trian Fund Management, L.P., General Catalyst Group Management, LLC, Qatar Investment Authority, Sun Hung Kai & Co. Limited, MassMutual, JPMorgan Chase Bank, N.A., Citi, Bank of America, N.A., Jefferies LLC, MUFG Bank, Ltd.
- Target
- Janus Henderson Group plc
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
Janus Henderson Group plc will be acquired in an all-cash transaction valued at approximately $7.4 billion by an investor group led by Trian Fund Management and General Catalyst. Under the definitive agreement, Janus Henderson shareholders will receive $49.00 per share in cash, representing an 18% premium to the unaffected closing price on October 24, 2025.
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December 13, 2025
- Buyer
- Mercer Global Advisors, Inc. (Mercer Advisors)
- Target
- Glass Jacobson Wealth Advisors
- Industry
- Financial Services
- Location
- Maryland, United States
- Type
- Buyout
Mercer Advisors, a Denver-based national RIA, has acquired Glass Jacobson Wealth Advisors, a Baltimore-based wealth management firm overseeing approximately $1 billion in assets under management. The deal expands Mercer's Mid-Atlantic footprint and brings Glass Jacobson's tax-integrated wealth management capabilities onto Mercer's national platform.
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December 12, 2025
- Buyer
- MCF Advisors LLC
- Target
- Accredited Wealth Management LLC
- Industry
- Financial Services
- Location
- Kentucky, United States
- Type
- Addon
Lexington-based MCF Advisors LLC has acquired Louisville fee-only Registered Investment Adviser Accredited Wealth Management LLC, adding $178 million of AUM and expanding MCF's presence in the Louisville market. The founders of AWM, Steve Giacobbe and Shawn Clark, joined MCF as Senior Financial Advisors and Partners; the deal is MCF's first transaction since taking an equity investment from Wealth Partners Capital Group and the Aspire Holdings platform of HGGC, and increases MCF's AUM to about $3.9 billion.
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December 10, 2025
- Buyer
- Mercer Global Advisors, Inc.
- Target
- Thompson Advisory Services
- Industry
- Financial Services
- Location
- Oregon, United States
- Type
- Buyout
Mercer Global Advisors has acquired Thompson Advisory Services, a Portland-based registered investment adviser managing approximately $260 million in client assets. The four-person team from Thompson Advisory will join Mercer to expand the firm’s presence in the Pacific Northwest and gain access to Mercer’s institutional capabilities in investment management, tax, trust and estate planning.
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December 9, 2025
- Buyer
- Earned
- Target
- OJM Group
- Industry
- Financial Services
- Location
- Ohio, United States
- Type
- Addon
Earned, a PE-backed wealth management platform focused on healthcare professionals, has acquired OJM Group, a Cincinnati-based registered investment adviser serving physicians and high-net-worth clients. The deal adds nearly $1 billion in assets under management and brings OJM's ~12-person team onto Earned's platform, further expanding Earned's integrated services for medical professionals.
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December 8, 2025
- Buyer
- Waverly Advisors, LLC
- Target
- Promus Holdings, LLC
- Seller
- Promus Holdings, LLC
- Industry
- Financial Services
- Location
- Illinois, United States
- Type
- Divestiture
Waverly Advisors has acquired certain business lines from Chicago-based Promus Holdings, adding approximately $3.1 billion of AUM and expanding Waverly's private equity, real estate, and multi-family office capabilities. The deal closed November 14, 2025; financial and legal terms were not disclosed, and Waverly formed a new subsidiary, Promus Capital Management, to operate the acquired strategies.
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December 6, 2025
- Buyer
- Wealth Enhancement
- Target
- L.M. Kohn & Company
- Industry
- Financial Services
- Location
- Ohio, United States
- Type
- Buyout
Wealth Enhancement, a national independent wealth management firm, has acquired Cincinnati-based hybrid RIA L.M. Kohn & Company, which oversees more than $2.2 billion in client assets and employs 23 people. The deal closed on December 6, 2025 and increases Wealth Enhancement's total client assets to over $131 billion, while expanding its footprint across the Midwest and South.
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- Buyer
- Castle Creek Capital (affiliates / Castle Creek managed funds)
- Target
- FirstSun Capital Bancorp
- Seller
- Legacy stockholders
- Industry
- Financial Services
- Location
- Colorado, United States
- Type
- Growth capital
Affiliates of Castle Creek Capital acquired $40 million of common stock in FirstSun Capital Bancorp from legacy stockholders, becoming one of the company's largest institutional shareholders with roughly a 4% stake. The investment is intended to support FirstSun as it pursues a proposed merger with First Foundation Inc. and Castle Creek expects to join the company's board subject to regulatory and closing conditions.
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December 2, 2025
- Buyer
- Allworth Financial
- Target
- FSA Wealth Management
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Type
- Addon
Allworth Financial has acquired Needham, Massachusetts–based fiduciary advisory firm FSA Wealth Management, which oversees $460 million in assets under management. The deal brings six professionals (including five advisors and two managing partners) into Allworth's Greater Boston operation as the team transitions into Allworth's Waltham office to deepen the firm's up‑market advisory capabilities.
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December 2, 2025
- Buyer
- Anderson Global
- Target
- Woodside Corporate Services Limited
- Industry
- Financial Services
- Location
- England, United Kingdom
- Type
- Addon
Anderson Global has acquired Woodside Corporate Services Limited and its parent entities to expand its UK corporate and fund services capabilities. The deal will keep Woodside operating as a standalone business while integrating with the Kin Group technology platform to broaden fund administration, custodial and company secretarial offerings.
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November 30, 2025
- Buyer
- Wealth Enhancement
- Target
- FPG Private Wealth
- Seller
- Financial Partners Group
- Industry
- Financial Services
- Location
- Indiana, United States
- Type
- Buyout
Wealth Enhancement has acquired FPG Private Wealth, a hybrid RIA with locations in Carmel and Lafayette, Indiana that oversees more than $532 million in client assets. The deal, which closed November 30, 2025, expands Wealth Enhancement’s Midwest footprint and marks its first office presence in the greater Indianapolis market, increasing the firm's total client assets to more than $127.8 billion.
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November 30, 2025
- Buyer
- Bridgepoint
- Target
- ht.digital
- Seller
- Harris & Trotter LLP
- Industry
- Financial Services
- Location
- United Kingdom
- Type
- Buyout
Bridgepoint has agreed to acquire a majority stake in ht.digital, a London-headquartered digital asset assurance provider. The investment will be made via Bridgepoint Development Capital V and is expected to close in the first half of 2026, subject to regulatory approval.
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November 24, 2025
- Buyer
- Smith Ventures LLC, CommerceOne Financial Corporation
- Target
- Green Dot Corporation, Green Dot Bank
- Industry
- Financial Services
- Location
- Utah, United States
- Type
- Divestiture
Green Dot Corporation has entered into agreements to be split and acquired in two parts: Smith Ventures will acquire and privatize Green Dot’s non-bank fintech technology business, while CommerceOne will acquire Green Dot Bank and form a new publicly traded bank holding company. The transactions are expected to close in the second quarter of 2026 and are subject to shareholder and regulatory approvals.
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November 23, 2025
- Buyer
- FalconX
- Target
- 21shares
- Industry
- Financial Services
- Location
- Zurich, Switzerland
- Type
- Buyout
FalconX has completed the acquisition of 21shares, a leading issuer of crypto exchange-traded products (ETPs), to expand its product, structuring and market infrastructure capabilities across the United States, Europe and Asia-Pacific. 21shares will remain an independently managed business under FalconX with Russell Barlow continuing as CEO, and FalconX says existing ETP/ETF investment objectives will not change.
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November 23, 2025
- Buyer
- VRM Penzini Capital
- Target
- Island Finance
- Seller
- J.C. Flowers & Co.
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
J.C. Flowers has entered into an agreement to sell Island Finance, Puerto Rico’s largest non-bank consumer financial institution, to VRM Penzini Capital. The transaction is expected to close in December 2025, and financial terms were not disclosed.
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- Buyer
- GTCR
- Target
- Fiduciary Company Incorporated (Fiduciary Trust Company)
- Industry
- Financial Services
- Location
- United States
- Type
- Buyout
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.
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November 14, 2025
- Buyer
- Merit Financial Advisors
- Target
- Blueprint Wealth Advisors, LLC
- Industry
- Financial Services
- Location
- Illinois, United States
- Type
- Addon
Merit Financial Advisors has acquired Blueprint Wealth Advisors, adding $1.2 billion in assets and expanding Merit's presence in Illinois and Wisconsin, including entry into the Chicago market. Blueprint’s managing partners Ryan Evans and Nick Wilkins will join Merit as Regional Directors and Partners; FP Transitions served as advisor and financial terms were not disclosed.
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November 14, 2025
- Buyer
- Warburg Pincus-led investor group (via newly formed acquisition entity controlled by the investor group)
- Target
- ECN Capital
- Industry
- Financial Services
- Location
- Ontario, Canada
- Type
- Buyout
ECN Capital entered into a definitive arrangement agreement to be acquired in an all-cash transaction valued at approximately C$1.9 billion by a newly formed acquisition entity controlled by an investor group led by Warburg Pincus. The deal provides immediate liquidity for shareholders and is anticipated to close in the first half of 2026, subject to regulatory approvals and court orders.
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