The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Lincoln International, MarshBerry
Lincoln International, a global investment banking advisory firm that focuses on private capital markets – and recently interviewed here – has agreed to buy MarshBerry, an advisory firm that covers wealth management as one of its sectors.

MarshBerry also serves the insurance brokerage and insurance distribution areas and has done so for more than four decades.

Atlas Merchant Capital, based in New York, has agreed to sell its interests to Lincoln. The acquisition closing is subject to standard regulatory approvals; financial terms weren’t disclosed.

Seller was advised by Keefe, Bruyette & Woods, A Stifel Company and Solomon Partners.

"This acquisition aligns seamlessly with our vision of becoming the leading advisor in the private capital markets. By combining our strengths, we will not only expand our service offerings but will enhance the ways we support our clients as we navigate the dynamic insurance and wealth management sectors,” Rob Brown, CEO of Lincoln International, said. 

MarshBerry is headquartered in Woodmere, Ohio (near Cleveland), and operates across six US cities and three international locations in Europe. It serves private, independent brokers and wealth management firms.

In May, this news service talked to Antoine Dupont-Madinier, managing director at Lincoln International, about consolidation trends in the UK/European wealth management and advisory sectors.