Sequoia Financial Group Secures $200 Million Commitment From Valeas Capital Partners To Support Growth Strategy

Sequoia Financial Group, LLC (Sequoia), an SEC-registered wealth management firm with approximately $10 billion in client assets, today announced it has entered into an agreement with Valeas Capital Partners (Valeas), a growth-oriented equity investment firm, to acquire a minority stake in Sequoia. Under terms of the agreement, Valeas is committing more than $200 million to support Sequoia's strategic growth plans. The transaction is expected to close on Oct. 31, 2022.