Investment firm Atlas Partners has made an investment in Mercer Advisors, a national registered investment advisor (RIA) with assets under management of approximately $48 billion and backed by Genstar Capital and Oak Hill Capital.
Mercer Advisors is a national fiduciary wealth management firm offering a family office for families ranging from mass affluent to ultra-high-net-worth, and serves institutional clients including companies, endowments and foundations. Mercer Advisors was founded in 1985 and is based in Denver. The firm has a U.S. footprint of over 80 locations and almost 900 employees.
“This investment aligns extremely well with our distinctive strategy of identifying one or two high quality businesses each year that we believe are positioned to grow meaningfully and deliver lasting value to our partners,” states Paul Emery, partner at Atlas.
Raymond James served as financial advisor, and Paul, Weiss served as legal counsel to Mercer Advisors on the transaction. Mercer Advisors management and employees were also supported by Katzke & Morgenbesser LLP as legal counsel and Jamieson Corporate Finance U.S. LLC as an advisor. Goldman Sachs served as a financial advisor, and Kirkland & Ellis served as legal counsel to Altas Partners on the transaction.