Grove Point Financial, LLC
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Grove Point Financial, LLC - overview
Established
1984
Location
Bethesda, MD-Maryland, US
Primary Industry
Financial Services
About
Based in Maryland, US, and founded in 1984, Grove Point Financial, LLC provides broker-dealer and RIA services to registered representatives. In April 2023, Atria Wealth Solutions, Inc. , a portfolio company of Lee Equity Partners, agreed to fully acquire Grove Point Financial, LLC. The deal is expected to close in the second half of 2023.
The company offers a wide range of personalized services to an independent financial advisors. The firm offering includes alternative investment, cash management, and trust services. Additionally, the company also provides financial planning and retirement planning.
Current Investors
Kestra Financial, Inc.
Primary Industry
Financial Services
Sub Industries
Brokerages
Website
www.grovepointfinancial.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Grove Point Financial, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | Grove Point Financial, LLC | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Grove Point Financial, LLC | - |
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Grove Point Financial, LLC - employee data
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