Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor
Four business men joining two puzzle pieces

Industry Spotlight > Mergers and Acquisitions

Cerity Partners to Merge With Venture Capital Advisory Shop

By John Manganaro

X
Your article was successfully shared with the contacts you provided.

Registered investment advisor Cerity Partners is merging with Touchdown Ventures, a provider of advisory services for corporate venture programs.

The addition of Touchdown Ventures will expand Cerity Partners’ offering to corporations and businesses, according to the announcement, while deepening the firm’s own venture capital capabilities and expertise.

After closure of the deal, which is anticipated in the coming weeks, Touchdown will operate as Cerity Partners Ventures (CPV) and integrate into the firm alongside Cerity Partners’ broader service offerings.

Kurt Miscinski, CEO of Cerity Partners, cited Touchdown’s skilled advisory professionals and shared fiduciary commitment to clients as key drivers of the merger.

The announcement notes that Cerity will seek to “unlock access to external innovation through tailored venture capital solutions.” The merger will also broaden access to innovative startups, according to the firms, while enhancing Cerity Partners’ offerings to its private clients and expanding its footprint in Philadelphia, Chicago, Los Angeles and San Francisco.

“Our relationship with Cerity Partners amplifies our team’s ability to provide the best possible venture capital services for corporations seeking access to external innovation,” said Touchdown CEO David Horowitz in a statement. “We are excited to keep doing what we are doing together with our new colleagues at Cerity Partners.”

Credit: Shutterstock

John Manganaro

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.