Republic Capital Group – a leader in providing investment banking services to the wealth and asset management industry and their clients – announced a minority non-control investment from Merchant Investment Management. This reflects Republic’s industry leadership and commitment to be the most comprehensive investment banking solution to wealth and asset management firms and their clients.
Merchant’s ecosystem includes $180 billion in assets in the wealth and asset management industry, and it has invested in multiple service providers, including regulatory and compliance, technology, business transition, and accounting services.
Since being founded nine years ago, Republic has made an indelible mark on the wealth and asset management industry by creating and leading many noteworthy transactions. In 2022 and 2023, Republic advised on more wealth management assets transacted than any other group in their space. Last year, Republic sourced and led a wealth management firm’s largest acquisition of a CPA firm in history when it represented Creative Planning in acquiring BerganKDV. T
KEY QUOTES:
“We are pleased to receive this investment and be part of a concerted effort to support and build the independent wealth and asset management services ecosystem broadly. Merchant’s willingness to collaborate with other industry players along with their deep understanding of our space made them an ideal partner for us.”
- John Langston, CEO and Founder of Republic
“Merchant and Republic are united by a shared vision for the wealth management industry: to ensure the RIA community has access to the best advice, execution, and capital formation. The strength of this partnership lies in the alignment of our values and the cultural synergy between both firms, which will drive its success.'”
- Marc Spilker, Co-Founder and Executive Chairman of Merchant
“I want to thank our deal team at Republic of Marc Irizarry (Partner), Jim Collins (General Counsel), Blake Cargill (Partner), and Vic Esclamado (Partner) for their exceptional work and support on this project. Thank you to the entire Republic team for all your work and belief in building something special. You are what is special about Republic, and I’m deeply grateful for you.”
- John Langston
