Madison Dearborn Partners plans to acquire the wealth business of NFP from Aon plc for approximately $2.7 billion, aiming to strengthen its presence in the wealth management sector.

Information on the Target

The target of this acquisition is NFP's wealth business, which encompasses a range of financial advisory services. This includes significant platforms such as Wealthspire Advisors, Fiducient Advisors, and Newport Private Wealth, among related entities. These firms are well-regarded in the industry for their comprehensive wealth management solutions, catering to diverse client needs including investment planning, estate advice, and retirement services.

NFP has built a robust infrastructure to support wealth management, making it an attractive acquisition for investors. The wealth business has seen steady growth and has a solid reputation, giving Madison Dearborn Partners (MDP) a prime opportunity to expand its portfolio in the financial services sector.

Industry Overview in the Target's Specific Country

The wealth management industry in the United States has been experiencing significant evolution, driven by increasing investor sophistication and a demand for personaliz