Focus Financial acquired by PE firm
The NASDAQ-listed group that owns Escala Partners and several other local advice businesses has been acquired by a private equity firm for more than US$7 billion.
Source: financialstandard.com.au
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Focus Goes Private After Acquisition by PE Firm
Focus Financial is going private after an acquisition deal with PE firm Clayton, Dubilier & Rice, with stockholders set to receive $53 per share.
Source: wealthmanagement.com
CD&R Acquires Wealth Manager Focus Financial in $7B Deal
Focus acquires high-performing wealth-management firms that primarily serve high- and ultra-high-net-worth clients.
Source: themiddlemarket.com
FOCS MERGER ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Proposed Sale of Focus Financial to CD&R
/PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $7 billion acquisition of Focus Financial Partners Inc. (NASDAQ:...
Source: prnewswire.com
Focus to be acquired by Clayton, Dubilier & Rice
The RIA acquirer's private equity deal followed a year of sharply rising profits despite slumping stocks and bonds in 2022.
Source: financial-planning.com