M&A
Editorial writing on M&A from The Family Office Almanac.
Carlyle takes a minority stake in Prime Capital Financial at a $1.8 billion valuation
Carlyle's credit arm is putting roughly $600 million into the Kansas wealth manager as Abry Partners exits, the latest sign of private capital buying into firms that serve wealthy families.
Corient buys $21bn Summit Trail Advisors, pulling more outsourced family office work into its orbit
Corient has agreed to acquire Summit Trail Advisors, a New York RIA with $21 billion in client assets and an ultra-high-net-worth focus, adding outsourced family office and CIO services as the Miami firm's run of large deals continues.
Franklin Templeton reported in talks to buy AlTi Global, the $90bn UHNW wealth manager
Citywire reports that Franklin Templeton is in talks to acquire AlTi Global, the Nasdaq-listed multi-family office group with around $90 billion in assets. Neither firm is commenting. A deal would take wealth consolidation into the top tier of UHNW advice.
Corient adds New York's Seven Bridges Advisors as multi-family office roll-up continues
Corient has agreed to buy Seven Bridges Advisors, a $4.9bn New York multi-family office, in the latest of a run of deals building the Miami firm into the largest player of its kind.
Carlyle and Bain Capital reach the final round for $160bn Wealth Enhancement
Two of private equity's largest firms are the last bidders for Wealth Enhancement Group, a US adviser with roughly $160bn in client assets, in a deal reported at about $7bn that would rank among the sector's biggest.
Wealth management consolidation: should I stay or should I go?
Corient has bought a boutique multi-family office almost every month this year. As consolidators roll up the independents families once chose for their independence, the question for principals is what they actually own.
Sawiris family office crosses majority control of OCI Global
NNS Holding, the private family office of Egyptian billionaire Nassef Sawiris, has lifted its combined stake in OCI Global above 55% as its all-cash bid to take the chemicals group private advances.
Caprock buys $4bn Venturi Private Wealth in second-ever acquisition
The Boise-based multi-family office is adding an Austin firm with about $4 billion in assets, its first purchase since the 2024 Grey Street Capital deal.
Callan Family Office takes a stake in estate-planning software firm Vanilla
A US multifamily office has made a strategic investment in estate-planning technology firm Vanilla, with a joint roadmap aimed at the complex structures that standard planning software struggles to model.
What we are reading about family offices
No noise, no selling. A measured note on the advisory landscape.