LLR Partners Buys Financial Charting Service YCharts

By Amit Chowdhry ● October 9, 2020
  • YCharts — a cloud-based investment analytics and communications platform for RIAs, broker-dealers, and asset managers — announced LLR Partners completed a growth recapitalization in partnership with the management team

YCharts — a cloud-based investment analytics and communications platform for RIAs, broker-dealers, and asset managers — announced LLR Partners completed a growth recapitalization in partnership with the management team. The deal will support YCharts’ continued organic growth through increased investment in product and sales and marketing, and to pursue complementary acquisitions.

The company was designed to enable smarter investment decisions and enhance client communications. And YCharts has over 6,000 clients that utilize the platform’s comprehensive data, powerful visualization tools, and advanced analytics for equity, mutual fund, and ETF data and analysis. And as a modern cloud-based platform for security research, portfolio construction, idea generation, and market monitoring, YCharts enables significant time savings and serves as a user-friendly alternative to terminal-based tools and other desktop applications.

Previous investors in YCharts include Hyde Park Angels, I2a, REV Venture Partners (backed by RELX), and Morningstar. And Raymond James served as financial advisor and Locke Lord LLP functioned as legal advisor to YCharts in connection with this transaction. Oliver Wyman had acted as a strategic advisor to LLR and Morgan, Lewis & Bockius LLP acted as legal advisor to LLR.

KEY QUOTES:

“LLR Partners brings to YCharts deep experience within wealth management technology, a collaborative approach, and a strategic vision that aligns with our long-term objectives. I am grateful for the support we received from our Board of Directors and early investors over the last 10 years. As we enter the next stage of YCharts’ journey, our team is excited to partner with LLR who will support our continued growth and help us drive success for RIAs, broker-dealers, and asset managers.”

— Sean Brown, President & CEO of YCharts

“YCharts helps financial advisors and wealth managers easily demonstrate their value to clients with tools that enhance communications, simplify often complex financial topics and make smarter investment decisions. There are approximately 300,000 financials advisors in the U.S., and they are increasingly embracing third-party technologies like YCharts to bring efficiencies and enable digital service delivery.”

— Sam Ryder, Vice President at LLR Partners

“Sean and his team have built a strong technology business that supports advisors through the digitization of wealth management, and we look forward to partnering with them to build the market leader.”

— Mitchell Hollin, Partner at LLR Partners

 

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