5 Acquisitions in the Advice industry
Company acquisitions in the Advice industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 5 acquisitions that took place in the Advice industry.
Broad Arrow Group acquired by The Hagerty Group
Details about the transaction:
Acquisition amount: $64,800,000
Announcement: 10 August 2022
Details about the company:
The founders', employees', and strategic partners' shared goal of becoming the finest adviser is embodied by Broad Arrow Group.
Headquarter:
Where to find them: Website
Industry: Advice, Finance
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Focus Solutions acquired by Abrdn
Details about the transaction:
Acquisition amount: $66,322,841
Announcement: 8 December 2010
Details about the company:
Focus Solutions is a top supplier of consulting services and software to the international financial services sector.
Headquarter:
Where to find them: Website
Industry: Advice, Financial Services, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Intake acquired by IDP Education
Details about the transaction:
Acquisition amount: $55,567,086
Announcement: 20 September 2022
Details about the company:
An education consulting company called Intake provides services including applications, counseling, student housing, and studying abroad.
Headquarter:
Where to find them: Website
Industry: Advice, Education, Professional Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Synchronised Business Services acquired by WT Financial Group
Details about the transaction:
Acquisition amount: $7,960,000
Announcement: 14 March 2022
Details about the company:
Financial advising services are offered in the areas of insurance, budgeting, asset allocation, and savings by Synchronised Business Services.
Headquarter:
Where to find them: Website
Industry: Advice, Financial Services, Insurance, Risk Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Tejas Technologies acquired by ARC International
Details about the transaction:
Acquisition amount: $5,000,000
Announcement: 1 April 2007
Details about the company:
Tejas Technologies provides enterprises with consultation, solution development, and implementation services related to information technology.
Headquarter:
Where to find them: Website
Industry: Advice, Business Development, Consulting, Data Integration, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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