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Mercer Advisors to Add Altas Partners as Strategic Investor
- Client News
- June 6, 2023
Paul, Weiss is advising Mercer Advisors on the expansion of its ownership group to include new strategic investor Altas Partners. Mercer Advisors is a leading national fiduciary wealth management firm that serves families ranging from mass affluent to ultra-high-net-worth, as well as a spectrum of institutional clients, including companies, endowments and foundations. Altas will join Mercer’s current strategic investors, Genstar Capital and Oak Hill Capital, and more than 300 Mercer employees who own equity in the company. The transaction is expected to close by the third quarter of 2023.
The Paul, Weiss team included, among others, corporate partners Brian Lavin, Lindsey Wiersma, Marco Masotti, David Huntington and Aaron Schlaphoff and counsel Ji Lu, Erika Detjen, David Curtiss, Lyudmila Bondarenko and Jennifer Songer; tax partners Robert Holo and Lindsay Parks and counsel Anne McGinnis; executive compensation partner Rebecca Coccaro and counsel Jacob Glazeski; and antitrust counsel Yuni Sobel.