Suntera Global, the Jersey headquartered, independent provider of bespoke fund, corporate and private wealth services, has entered into an agreement to acquire fund administration and corporate services provider Khepri Limited (Khepri), as it continues to pursue an ambitious growth strategy, designed to empower institutional clients with exceptional support across a broad and expanding range of alternative asset classes and jurisdictions. The deal is subject to regulatory approval and is expected to complete in the second half of the year.
Suntera Global Secures Investment from Valeas Capital Partners to Support its Global Growth Strategy
Suntera Global (“Suntera”), the Jersey headquartered, independent provider of bespoke fund, corporate and private wealth services, today announced it has entered into an agreement with Valeas Capital Partners (“Valeas”), a growth-oriented equity investment firm, to acquire a majority stake in Suntera.
Baker Tilly and Moss Adams to Combine to Create an Industry-Defining Advisory and Accounting Firm
In a transformative move that redefines advisory and accounting services for the middle market, Baker Tilly and Moss Adams today announced their planned combination to create the sixth largest advisory CPA firm in the US. Expected to close in early June of this year, the combination strengthens the firms’ industry specialization, expands its geographic reach and enhances its capabilities across advisory, tax and assurance services.
Sequoia Financial Group to Acquire Carlson Capital Management, $3.8 Billion Wealth Manager
Sequoia Financial Group, LLC (Sequoia Financial), an SEC-registered wealth manager with $22.6 billion in assets under management as of Dec. 31, 2024, and Carlson Capital Management, LLC (CCM), a Northfield, Minnesota-based investment advisory firm with $3.8 billion in client assets as of Dec. 31, 2024, today announced they have reached an agreement for Sequoia Financial to acquire CCM. The firms expect to complete the transaction on March 31.
Valeas Capital Partners Closes Inaugural Fund at $600 Million
Valeas Capital Partners (“Valeas®”), a San Francisco-based private equity firm focused on partnering with leading growth-oriented businesses with demonstrable opportunities to build leading business franchises, today announced the close of its first institutional fund, VCP Fund I (“VCP I”), at over $600 million, significantly above its target.
Sequoia Financial Group Acquires Charleston-based Family Asset Management
Sequoia Financial Group, LLC (Sequoia Financial), an SEC-registered wealth manager with $21.5 billion in assets under management as of Sept. 30, 2024, and Family Asset Management (FAM), a Charleston, South Carolina-based investment advisory firm, today announced that Sequoia Financial has acquired FAM. Financial terms were not disclosed.
