Apella and Waverly announce RIA acquisitions of $261M and $151M
Four real estate deals closed in the same window and total $407.5 million, just under the $412 million from the two wealth-management transactions.
At a glance
Apella Wealth and Waverly Advisors each announced a wealth-management acquisition on Oct. 16, which we size at $261 million for Blue Spark Capital Advisors and $151 million for MCS Family Wealth Advisors.
Blue Spark is Apella's 30th acquisition since 2014, and MCS is Waverly's 37th since a 2021 minority investment.
Four real estate deals closed in the same window and total $407.5 million, just under the $412 million from the two wealth-management transactions.
Apella Wealth and Waverly Advisors each announced a wealth-management acquisition on Oct. 16, which we size at $261 million for Blue Spark Capital Advisors and $151 million for MCS Family Wealth Advisors. The two deals total $412 million.
Blue Spark is Apella's 30th acquisition since 2014, and MCS is Waverly's 37th since a 2021 minority investment.
Four real estate deals closed in the same window and total $407.5 million, just under the $412 million from the two wealth-management transactions. Trinity Investments closed a $210 million deal with JLL Capital Markets and Citi. Pearlmark closed an $81 million deal with Empira Group. Hudson Pacific Properties, TMG Partners and KKR closed a $75.5 million deal involving Skyport Plaza, and PCCP and Foulger-Pratt closed a $41 million deal involving Tenney North Park.
Save this analysis and keep the funds you follow together in My Desk.
Sign in to save articles or follow funds.
Deals & PEVestGen Wealth Partners secures credit facility from Willow Tree for Midwest RIA deals
Deals & PENew York State Common Retirement Fund announces $456.3 million in real estate commitments
Data