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December 23, 2021updated 05 Jan 2022 12:28pm

The Mather Group enters Nashville with purchase of Eugenias Advisory Group

The Mather Group (TMG), a US-based family and employee-owned wealth manager, has acquired Nashville-based registered investment adviser (RIA) Eugenias Advisory Group (EAG).

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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The acquisition, whose financial terms were not disclosed, adds more than $162m to TMG’s asset under management (AuM) and expands its footprint to Nashville.

Commenting on the deal, TMG CEO Chris Behrens said: “We’ve been fortunate to find firms like EAG whose values and approach are aligned with ours, and we’re happy to welcome them to our team.

“A strong culture fit contributes to a smooth integration for both the clients and employees—and this drives efficiency that is important given our pace of acquisitions.”

EAG CEO Velda Eugenias said: “My team members and I are passionate about putting our knowledge and skills to work in advising our clients.

“We’re all excited about dedicating more of our time to that effort since we’ll have TMG’s support in managing business operations.”

As agreed, EAG’s team of five will continue to operate out of its Nashville office, which will expand TMG’s expanding national presence.

TMG president and head of Mergers and Acquisitions Patrick Lawlor commented: “Even in an increasingly virtual world, we value having brick-and-mortar offices around the country. We feel it’s important to have advisors who live and work in the same communities as our clients.”

Chicago-headquartered TMG provides a range of in-house services, such as financial planning, tax advice and preparation, concentrated stock management, portfolio management, risk assessment, and estate planning guidance.

The firm has offices in Austin, Atlanta, Dallas, Knoxville, Houston, San Francisco Bay Area, Philadelphia Area, Seattle Area, and Washington DC Area.

In February this year, TMG acquired fiduciary-only firm Trinity Financial Advisors.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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