By contrast, banks moved back to the sidelines, DeVoe said. After a year of new vigor and a spike of 13 transactions in 2017, banks recorded only one transaction in the first quarter of this year. There was also only one private equity deal executed, although it was a large one. Lightyear, based in New York City, acquired the $7.4 billion HPM Partners, also in New York.
RIA M&As Off To Big Start
April 23, 2018
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