You're viewing 1 of thousands of M&A events in our database
Members track acquisition patterns and get alerts on companies likely to buy or sell. Access deal terms, multiples, and strategic rationale.
Parthenon Capital To Acquire Rsm’S Wealth Management Practice
01/06/22, 2:44 AM
Industry
software
RSM US LLP (“RSM”), the nation’s leading provider of audit, tax and consulting services focused on the middle market, and Parthenon Capital (“Parthenon”), a leading growth-oriented private equity firm, today announced they have entered into an agreement for Parthenon to acquire RSM US Wealth Management LLC and rename it Choreo, LLC, with “Choreo” as its new brand. Completion of the acquisition is expected in the first quarter of 2022, with a target date of Feb. 18, pending satisfaction of customary conditions. Terms of the transaction were not disclosed.
Company Info
Company info
Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Parthenon seeks to be an active and aligned partner to management, either through recapitalization transactions or by backing new executives. Parthenon has particular expertise in healthcare, financial and insurance services, and technology services, but seeks any service, technology or delivery business with a strong value proposition and proprietary know-how. For more information, visit www.parthenoncapital.com.
Live intelligence
Get deeper insights on this acquisition
✓
Direct contacts for all key executives involved
✓
AI alerts for similar M&A opportunities
✓
Track integration progress and future deals
Used by teams at Oracle, Google, LinkedIn