Largest recent IBD mergers and acquisitions
Parthenon Capital's big buy from Wells Fargo
June 29, 2011
Private equity firm Parthenon Capital Partners purchases H.D. Vest Financial Services and its 4,800 independent tax and securities professionals from Wells Fargo for an undisclosed amount. At the end of 2010, H.D. Vest had a book value of about $142 million.