WealthTrust (acquired) Overview
- Year Founded
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1997
- Status
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Acquired/Merged
- Employees
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150
- Latest Deal Type
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Buyout/LBO
- Financing Rounds
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4
- Investments
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4
WealthTrust (acquired) General Information
Description
WealthTrust (acquired) was a provider of investment advisory and asset management services intended to support and deliver the highest level of client service at every point of engagement. The company provided their affiliates with a broad set of administrative functions that included compliance, finance, human resources, technology and information technology (IT) enabling them to devote their full attention to helping clients achieve their financial goals. The company was acquired by HighTower Advisors on April 24, 2017.
Contact Information
Website
www.wealthtrust.comCorporate Office
- 600 Travis Street
- Suite 5900
- Houston, TX 77002
- United States
Corporate Office
- 600 Travis Street
- Suite 5900
- Houston, TX 77002
- United States
WealthTrust (acquired) Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
WealthTrust (acquired) Related Research & Analysis
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WealthTrust (acquired) Signals
Growth Rate
Growth
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Key Data Points
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Majestic Referring Domains
WealthTrust (acquired) Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
WealthTrust (acquired) Investments (4)
WealthTrust (acquired)’s most recent deal was a Buyout/LBO with Foldes Financial Management. The deal was made on 31-Oct-2008.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Foldes Financial Management | 31-Oct-2008 | Buyout/LBO | Asset Management | ||
| WealthTrust Advisors | 14-Nov-2007 | Buyout/LBO | Asset Management | ||
| Axiom Asset Management | 02-Nov-2007 | Buyout/LBO | Asset Management | ||
| Fairport Wealth | 02-Nov-2007 | Buyout/LBO | Asset Management |
WealthTrust (acquired) Exits (1)
WealthTrust (acquired)’s most recent exit was on 31-Oct-2008 from Foldes Financial Management. The exit was categorized as with 2 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Foldes Financial Management | 31-Oct-2008 | Completed |
|
WealthTrust (acquired) Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| WealthTrust Advisors | Scottsdale, AZ | 1996 | |
| Fairport Wealth | Cleveland, OH | 1963 |
WealthTrust (acquired) FAQs
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When was WealthTrust (acquired) founded?
WealthTrust (acquired) was founded in 1997.
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Where is WealthTrust (acquired) headquartered?
WealthTrust (acquired) is headquartered in Houston, TX.
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What is the size of WealthTrust (acquired)?
WealthTrust (acquired) has 150 total employees.
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What industry is WealthTrust (acquired) in?
WealthTrust (acquired)’s primary industry is Asset Management.
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Is WealthTrust (acquired) a private or public company?
WealthTrust (acquired) is a Private company.
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What is the current valuation of WealthTrust (acquired)?
The current valuation of WealthTrust (acquired) is .
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What is WealthTrust (acquired)’s current revenue?
The current revenue for WealthTrust (acquired) is .
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Who are WealthTrust (acquired)’s investors?
Circle Peak Capital, Falcon Investments, Lee Equity Partners, Morgan Keegan, and Regions Financial have invested in WealthTrust (acquired).
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When was WealthTrust (acquired) acquired?
WealthTrust (acquired) was acquired on 17-Apr-2017.
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Who acquired WealthTrust (acquired)?
WealthTrust (acquired) was acquired by Hightower Advisors.
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