Cassel Salpeter Advises RCS' Buy of Summit Financial
July 18, 2014
Cassel Salpeter & Co. has announced it served as financial advisor in the $49 million acquisition of Summit Financial Services Group by RCS Capital (NYSE: RCAP). Cassel Salpeter, which advises middle-market and emerging growth companies, issued a fairness opinion in connection with the deal. Summit Financial’s 300+ financial advisors will join RCS, an investment firm focused exclusively on retail investors.