Osaic, Inc.
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Osaic, Inc. - overview
Established
2016
Location
Scottsdale, AZ, US
Primary Industry
Business Support Services
About
Founded in 2016 and based in Arizona, US, Osaic, formerly known as Advisor Group, Inc. , operates as a platform for financial advisory services through its subsidiaries, including FSC Securities, a provider of securities brokerage solutions, Sagepoint Financial, Inc. , a provider of wealth management solutions, and Woodbury Financial Services, a provider of insurance solutions. In May 2019, Reverence Capital Partners agreed to acquire a 75% majority stake in Advisor Group, Inc.
from Lightyear Capital, and the Public Sector Pension Investment Board for USD 2. 3 billion. The company offers a range of services to financial professionals, including advisory services, through Arbor Point and Osaic Wealth, Inc. The firm focuses on providing technology, resources, and services to its financial professionals so they can concentrate on their clients.
Additionally, Osaic provides streamlined operations, technology solutions, regulatory compliance policies, and business planning support for its financial professionals. The company's rebranding as Osaic aims to unify its services under one brand to serve financial professionals.
Current Investors
Reverence Capital Partners
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Brokerages, Web Applications
Website
https://osaic.com/
Verticals
FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Osaic, Inc. - 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 | Completed | Gardner Wallace Financial Solutions | - | ||||||||
| Add-on | Completed | AFC Planning Group | - | ||||||||
| Add-on | Completed | Innovative Wealth Team | - | ||||||||
| Add-on, Trade Sale | Completed | CW Advisors LLC | - | ||||||||
| LP Direct | Completed | MSC Industrial Direct Co., Inc. | - |
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