On March 9, 2021, iM Global Partner announced a definitive agreement to acquire nationally recognized wealth and asset management firm Litman Gregory. The transaction is expected to close in the second quarter of 2021. Seward & Kissel is pleased to be representing iM Global Partner in connection with this investment management industry transaction.

Founded in 1987, San-Francisco-based Litman Gregory provides wealth and asset management services to individuals and advises the PartnerSelect family of mutual funds, overseeing $6.2 billion of investment assets. Paris-based iM Global Partner is a worldwide asset management network, present in 11 locations across Europe and the United States, with assets under management of $20 billion as of December 2020.

Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that Seward & Kissel “advises on market-leading transactions within the industries where the firm has an international reputation, namely investment management and shipping” and “also handles complex middle-market deals in the media industry and international sell-side M&A.“

The company’s announcement describing this transaction is available here.