Carlyle acquires MAI Capital Management
The platform investment centers on a registered investment advisor that provides wealth management and financial planning services to individuals and families, with transaction terms undisclosed in the announcement.
Takeaways
- MAI Capital Management is a registered investment advisor and wealth management firm.
- Carlyle is acquiring MAI Capital Management.
- The target serves wealth management clients across United States.
Carlyle acquired a majority stake in MAI Capital Management, a registered investment advisor that provides wealth management and financial planning services to individuals and families.
MAI oversees approximately $77.3 billion in combined client assets across more than 40 U.S. offices and a team of over 700 people.
Carlyle’s backing will support MAI’s investments in technology and targeted acquisitions while keeping its leadership team and culture intact.
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