Captrust stays hungry with purchase of $5.5 billion advisory firm
M&A or Merger and Acquisition text on black block
The deal closed just ahead of the market downturn
Captrust Financial Advisors has snapped up one of the largest firms it has ever purchased and tacked on $5.5 billion in new assets in the process.
The firm's second acquisition of the year, of Montgomery, Ala.-based Welch Hornsby, pushed its assets under management and advisement to roughly $37
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