Australian firm to join Focus Financial Partners
Roll-up's latest addition has $640 million in assets
Escala Partners, a wealth management firm headquartered in Melbourne, Australia, with offices in Sydney and Perth, will join Focus Financial Partners sometime in the second quarter, the company said in a release.
Escala, which manages the equivalent of U.S. $3.5 billion, was founded in 2013.
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Focus said that it considers Australia to be “an important and attractive market,” along with Canada, where it just completed its second transaction, the United Kingdom and Western Europe.
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