Investcorp backs Berger Financial Group
The Minneapolis-area firm oversees over $3 billion in assets across nine offices and will pursue acquisitions and expansion of its fee-based wealth management services.
Berger Financial Group, Inc., a full-service wealth management platform serving individual investors and retirement savers, has received an investment from Investcorp.
The Minneapolis-based company manages more than $3 billion in assets for over 3,800 clients through nine offices, operating a fee-based advisory model.
CEO Nick Asmus and the management team will remain significant equity holders alongside Investcorp.
The firm identified a large, fragmented market opportunity in North American wealth management and plans to accelerate growth through acquisitions and expansion.
Investcorp has a track record in professional services, with investments including PKF O’Connor Davies, AlixPartners, CrossCountry Consulting, ICR, Resultant, and United Talent Agency.
Deal facts
- Target
- Berger Financial Group
- Buyer
- Investcorp
- Sponsor
- Investcorp
- Deal type
- Platform
- Headquarters
- United States
- Announced
- Wednesday, July 29, 2026
Sources
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.