THL Received Lowball Offers for Hightower in Sale Process
THL is now closely considering headcount reductions at the home office as one way to improve the firm's EBITDA in case they decide to go to market again.
Source: wealthmanagement.com
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Hightower Names Gurinder Ahluwalia as President
Ahluwalia, an executive at Hightower’s private equity owner, will serve as president.
Source: wealthmanagement.com
Hightower CEO says RIA acquisition prices remain reasonable
The market for RIA firms hasn't cooled so far this year, but acquisition prices aren't overheated, says Hightower CEO Bob Oros.
Source: investmentnews.com
Hightower Acquires $3.3B Capital Management Group of New York
Capital Management Group of New York, with $3.3 billion AUM, represents Hightower’s first ‘strategic investment’ of 2024.
Source: wealthmanagement.com
RIA M&A Roundup: Hightower Picks Up $2.5B Partner Firm in Orlando
Hightower, Robertson Stephens, Wealth Enhancement Group, Hub International and Sikitch all announced M&A deals this week.
Source: wealthmanagement.com