Goldman Sachs announces $750m advisory firm acquisition

clock • 1 min read

The Goldman Sachs Group has announced that it has entered into an agreement to acquire United Capital Financial Partners, Inc. for $750m in cash - its biggest deal in two decades. The company said in a statement that the transaction is expected to close in the third quarter of 2019, subject to customary regulatory approvals and conditions. United Capital is a registered investment advisor with $25 billion of assets under management and over 220 financial advisers serving 22,000 clients ...

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