Curi Capital to Merge with RMB Capital

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Bibliographic Details
Title: Curi Capital to Merge with RMB Capital
Authors: CURI
Source: Business Wire (English). 11/21/2023.
Abstract: Curi, a national healthcare advisory firm comprised of three distinct businesses: Curi Advisory, Curi Capital and Curi Insurance, announced a definitive agreement to acquire a majority stake of RMB Capital (“RMB”), a registered investment advisory firm with more than $9.6 billion in assets under advisement1. As part of the agreement, Curi Capital, a registered investment advisory firm with approximately $1.6 billion in assets under advisement2, will merge with RMB. The transaction is expected to close by the end of the year. Terms were not disclosed. [ABSTRACT FROM PUBLISHER]
Database: Regional Business News
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Abstract:Curi, a national healthcare advisory firm comprised of three distinct businesses: Curi Advisory, Curi Capital and Curi Insurance, announced a definitive agreement to acquire a majority stake of RMB Capital (“RMB”), a registered investment advisory firm with more than $9.6 billion in assets under advisement1. As part of the agreement, Curi Capital, a registered investment advisory firm with approximately $1.6 billion in assets under advisement2, will merge with RMB. The transaction is expected to close by the end of the year. Terms were not disclosed. [ABSTRACT FROM PUBLISHER]