✉news BusinessBusiness first seen 2 d ago, last 2 d ago, peak #8
Concurrent Makes First Platform Acquisition With $5.4 Billion In Assets
Original: Concurrent Buys Its First Platform Business, Acquires $5.4 Billion In Assets
Concurrent has completed its first platform business acquisition, bringing $5.4 billion in assets under its management. The deal marks the firm's entry into a platform acquisition strategy, expanding its scale in the wealth and asset management space. Industry observers are watching whether this first purchase signals a broader run of acquisitions ahead for the company.
Why now: The firm's first platform acquisition and the sizeable $5.4 billion in assets involved make it notable news in the wealth management industry.
Evidence
- Concurrent Buys Its First Platform Business, Acquires $5.4 Billion In Assets · Family Wealth Report
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