UBS Investment Bank played a pivotal role as a financial advisor in GTCR’s $2.7 billion acquisition of AssetMark Financial Holdings.
![Sergio Ermotti, CEO of UBS Group. PHOTO: Christian Beutler / Keystone](https://krugmaninsights.com/wp-content/uploads/2023/11/405390783_highres-1-e1699382849659.jpg)
This deal marks a significant expansion in GTCR’s investment in the financial services sector, particularly enhancing its reach in wealth management technology. GTCR, a renowned private equity firm, confirmed its purchase of AssetMark from Huatai Securities at $35.25 per