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September 9, 2021

WPCG invests in Connecticut-based RIA Apella Capital

Wealth Partners Capital Group (WPCG) has made a minority investment in Connecticut-based registered investment adviser (RIA) Apella Capital.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The financial details of the transaction were not divulged.

The investment will enable Apella to accelerate its M&A strategy as the RIA seeks to expand its presence in the country. To date, Apella has completed 12 acquisitions.

In the next stage of growth, Apella will focus on partnering with advisory firms that have similar investment philosophy.

WPCG managing partner John Copeland said: “We continue to see significant consolidation in the RIA industry ultimately benefiting advisors and clients.

“With a strong client-centric offering and a deep management bench, we believe Apella can become a leading strategic RIA acquirer. We look forward to aligning with Apella and supporting their growth objectives with the goal of sharing their exceptional client service and deep planning expertise with advisors who focus on factor-based investing.”

Apella offers wealth and investment management services to individuals, families, businesses and foundations.

The company had around $2.4bn in client assets and 11 locations across the country, as of 1 September 2021.

Apella CEO Joshua Pace said: “Through our partnership with WPCG we will be well-positioned to accelerate our growth trajectory while maintaining a steadfast dedication to clients and M&A discipline.

“As we further expand our service offering and geographic footprint, we remain committed to bringing the best resources and expertise to our advisors and their clients.”

The transaction is expected to close by the end of this quarter, subject to customary closing conditions.

Earlier this year, WPCG backed Georgia-based hybrid RIA Merit Financial Group.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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