Transactions

Focused on the crossroads of insurance,
healthcare services, investment services,
and the technologies that serve those sectors.
to acquire
May 2022
Waller Helms Advisors to acquire Park Sutton Advisors
Industry: Investment Services
Type: Buy-Side M&A

Waller Helms Advisors has agreed to acquire Park Sutton Advisors LLC (“PSA”), the leading investment bank focused on M&A advisory for the wealth and investment management sector.  Founded in 2008 and led by Steven Levitt, PSA completed 25 wealth management transactions in 2021 and has maintained this momentum in 2022.

“This combination is game changing,” commented James Anderson, CEO of WHA. “The addition of Park Sutton significantly enhances our capabilities in the wealth and investment management sector and creates a specialist firm with 11 Managing Directors who successfully advised on over 50 transactions in 2021. Steve, along with Dan Erichson, CFA and John Eubanks, CFP, has built an enviable practice and we believe the combination with Waller Helms will allow the team to better serve clients in this rapidly transforming sector.  We look forward to welcoming them and all our new colleagues from Park Sutton to Waller Helms.”

“We are proud of what we have built at Park Sutton and are excited for this next chapter.  We chose to partner with Waller Helms out of a variety of attractive options based on our shared business philosophies and common belief in the importance of a strong, client-centric culture.  The partners of WHA have distinguished backgrounds and many have worked together for two decades. This alignment makes for a very strategic combination, and I personally am excited to help build the combined business for many years to come,” said Steven Levitt, Founder and Managing Director of PSA.

The combination of WHA’s and PSA’s leading Insurance and Wealth Management advisory practices mirrors consolidation trends between these two significant industries.  When coupled with WHA’s accelerating Healthcare Services and FinTech / HCIT M&A practices, the combined firm will sit at the epicenter of several of the most active industries for M&A in the market today.  The collective expertise, relationships and scale will position WHA to better serve a wide range of companies and investors active in these attractive, converging sectors. Steve, Dan, and John join WHA as Managing Directors and Partners.