Retirement Plan & Wealth Advisory Services

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Selected Transactions

MidCap Advisors is pleased to announce that OneDigital Investment Advisors, LLC (the “Acquirer”) has acquired Triad Financial Advisors (“TFA” or the “Company”). MidCap Consulting was the exclusive financial due diligence provider for the Acquirer. The deal was closed on September 14, 2023. Following the deal closing, OneDigital Investment Advisors LLC, the RIA subsidiary of OneDigital Inc., a leading insurance brokerage, financial services, and HR consulting firm, will add approximately $900M AUM and 18 employees to their platform. Overall, OneDigital's AUM is approximately $115.4B which represents over 1M participants and 41,000 individual accounts. Founded in 1982, TFA is a leader in the Carolinas that serves high-net-worth families and female investors. The Company’s wealth management services include retirement planning, investments, asset management, portfolio analysis, and monitoring. TFA’s CEO, Patrick Rush, was an Amazon #1 bestseller for his 2020 publication, Gain Big and Give Back, and he has obtained honors from Forbes and Barron’s for top advisor rankings. | Triad Financial Advisors Inc., OneDigital, 21 Sep 2023, Greensboro - North Carolina, Retirement & Wealth Advisory

Lighthouse Financial, LLC (“Lighthouse” or the “Company”) a leading wealth management firm based in Delaware, was acquired by AssuredPartners, (“Assured” or the “Acquirer”) a premier financial services company headquartered in Florida. MidCap Advisors was the exclusive financial advisor to Lighthouse. The merger between Lighthouse and Assured will enhance their ability to serve clients with a suite of financial and insurance solutions tailored to meet their evolving needs. Founded in 2006, Lighthouse's business model is to provide a customized portfolio based on an individual's risk tolerance and goals. The Company consistently pursues protection strategies that will allow access to full market growth while limiting the downside of market shocks. Ken Brackett, Lighthouse's owner and founder, and his team provide services and products including but not limited to wealth management, tax liability analysis, annuities, investment risk analysis, succession strategies, financial advisory, and financial education. Assured has built an impressive legacy, providing top-notch retirement and wealth advisory services to private clients. Per Business Insurance's July 2022 edition, the Acquirer was ranked as the 11th largest insurance brokerage of U.S. business in terms of revenue. Assured was also ranked 5th overall in Insurance Journal's 2022 ranking of P&C agencies whose business is primarily retail (not wholesale). AssuredPartners' service philosophy, business model, and technology combined with Lighthouse's loyal and growing list of long-term clients will enable the two entities to gain market share, especially in the northeast market of the U.S., as the overall wealth management industry continues to grow. | Lighthouse Financial LLC, AssuredPartners, 20 Jun 2023, Wilmington - Delaware, Retirement & Wealth Advisory

MidCap Advisors is pleased to announce that OneDigital Investment Advisors LLC (the “Acquirer”) has acquired Huntington National Bank's 401K advisory and retirement plan servicing business (“Huntington”). MidCap Advisors' consulting team, led by VP Geuntae Jang, was the exclusive financial due diligence provider for the Acquirer. The deal closed on March 31st, 2023. Following the deal closing, OneDigital Investment Advisors LLC, the RIA subsidiary of OneDigital, a leading insurance brokerage, financial services, and HR consulting firm, will add $5.6B AUM and 18 advisors to their platform. Overall, OneDigital's AUM is approximately $115.4B which represents over 1M participants and 41,000 individual accounts. Huntington was the wholly owned subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN). The parent company is a Columbus, Ohio based regional bank holding company that has been publicly traded since 1984. With this transaction completed, the Acquirer's presence in the Midwest will continue to grow and Huntington will add to its 1,300 employers that they sponsor workplace savings plans for. Lastly, per Huntington Bancshares Inc. (NASDAQ: HBAN) recent 8K filed with the SEC, Huntington Bancshares will record a pre-tax gain of approximately $57M including associated goodwill allocation. | Huntington Bancshares Incorporated (NASDAQ: HBAN), OneDigital, 31 Mar 2023, Columbus - Ohio, Retirement & Wealth Advisory

MidCap Advisors is pleased to announce that (k)RPG, LLC (“(k)RPG” or the “Company”) was acquired by OneDigital Investment Advisors (“OneDigital”), an industry leading insurance brokerage, financial services, and HR consulting firm based out of Atlanta, Georgia. MidCap served as the exclusive financial advisor to (k)RPG. The Company is based out of Gaithersburg, Maryland and serves families and corporations throughout the country. Their team has over 60 years of industry experience and their client base is accretive to $600M in AUM. Through the transaction, OneDigital has expanded its presence in the Mid-Atlantic region and in the wealth and retirement advisory space. Vincent Morris, President of Retirement and Wealth at OneDigital, will drive core values and services with Walter Zifffer, President of (k)RPG. Both are highly respected individuals that are dedicated to trust and integrity in their service offerings. | (k)RPG LLC, OneDigital, 06 Feb 2023, Gaithersburg - Maryland, Retirement & Wealth Advisory

MidCap Advisors is pleased to announce that f3 Logic (“f3 Logic”), f3 Investment Management (“f3 IM”), Financial Consultants of America (“FCA”), Compass Point Retirement (“CPR”), and Kusske Financial Asset Management (“KFAM”), collectively the “f3 Companies” have been acquired by Arthur J. Gallagher & Company (NYSE: AJG) (“AJG” or “Gallagher”). MidCap Advisors was the exclusive financial advisor to the f3 companies. With locations throughout the Mid-Atlantic, the Midwest, and New England, f3's 7 principals possess over 150 years of wealth management and financial planning experience. With the acquisition, f3 will become Gallagher’s primary platform in the individual wealth management space. The f3 Companies are a wealth management platform with over $1 billion in assets under advisement. With a turnkey technology and asset management platform and an investment suite of offerings, the f3 Companies provide retirement planning and financial advisory services to individuals, individual advisors, and registered investment advisory firms. The f3 Companies will remain in their current locations under the direction of Jeff Leonard, Gallagher's North American Business Line Leader for Financial and Retirement Services. FCA, CPR, and KFAM will continue to operate under f3's RIA platform and they provide financial planning and wealth management solutions. Gallagher is a global leader in insurance, risk management, and consulting services providing services in approximately 130 countries. | f3 Logic, Arthur J. Gallagher & Company, 2022, Mid-Atlantic - Midwest and New England, Retirement & Wealth Advisory

Hub International Limited (“Hub”), a leading full-service global insurance brokerage and financial services firm, acquired the assets of Silverman Financial, Inc. (“Silverman” or “SFI”). Based in Miami, Florida, Silverman is an independent financial planning firm, which specializes in retirement services, estate, and wealth management. Silverman manages more than $600 million in assets. MidCap Advisors was the financial due diligence provider to Hub. The transaction was effective October 5, 2021, and SFI will partner with Hub Retirement and Private Wealth (RPW). At its core, Hub’s RPW division helps plan sponsors create an offering that aligns with their business strategy, navigates fiduciary risk, and helps employees pursue their financial goals. The several registered investment advisory affiliates in Hub RPW provide investment advisory services to clients whose total assets are approximately $105 billion. | Silverman Financial, Hub International Limited, 05 Oct 2021, Florida, Retirement & Wealth Advisory

| Millennium Advisory Services Inc., HUB International, 1 Sep 2021, Richmond - Virginia, Retirement & Wealth Advisory

| TCG Capital Group, Hub International, 01 Jul 2021, Austin - Texas, Retirement & Wealth Advisory

Alpha Pension Group (“Alpha” or “APG”) is a nationally recognized retirement leader headquartered in Boston, Massachusetts. The firm’s retirement business serves 600 plan sponsor clients with more than $2B of AUA and more than 55,000 participants. APG has a long history of participant engagement which has served as a natural bridge to its wealth advisory business. This is further exemplified by Alpha’s 98% retention rate of clients. MidCap Advisors was the exclusive financial due diligence provider to HUB International in their acquisition of Alpha. | Alpha Pension Group, HUB International, 19 Dec 2020, Massachusetts, Retirement & Wealth Advisory

| Leading Edge Companies, Hub International, 27 Oct 2020, Fort Myers - Florida, Retirement & Wealth Advisory

| Gus Bates Insurance & Investments, Hub International, 09 Jul 2020, Fort Worth - Texas, Retirement & Wealth Advisory

| JW Retirement, Hub International, 17 Oct 2019, Long Island - New York, Retirement & Wealth Advisory

| GRP, Hub International, 04 Sep 2019, San Rafael - California, Retirement & Wealth Advisory

| Perennial Pension, Hub International, 15 Aug 2019, New York, Retirement & Wealth Advisory

| Wharton Hill Advisors, Hub International, 15 Aug 2019, Fort Washington - Pennsylvania, Retirement & Wealth Advisory

| EPIC Retirement, Hub International, 15 Aug 2019, New York, Retirement & Wealth Advisory

| MRP, Hub International, 15 Aug 2019, Denver - Colorado, Retirement & Wealth Advisory

| StoneStreet Renaissance, HUB International, 2019, Pearl River - New York, Retirement & Wealth Advisory

| Washington Financial Group, HUB International, 2019, McLean - Virginia, Retirement & Wealth Advisory

Maximizing Value. Closing the Deal.

Whether you are selling your business or considering acquiring another firm, MidCap Advisors has the experience, resources, and integrity to work with you throughout the entire process. It is our job to maximize the value of your business in the market, plain and simple.

Understand

Before we begin any engagement, we want you to thoroughly understand your situation, motivation, concerns, timing, and goals. This will allow us to create a customized solution for your journey.

Evaluate & Analyze

Our process begins by evaluating your business from a buyer’s perspective. We analyze all aspects of your business – your team, clients, revenue streams, and expense management.

Discuss Options

We will discuss your EBIT, EBITDA, and respective margins; review current multiples, and then review your firm’s potential purchase price along with a breakdown of the following: cash, stock, earnout, closing proceeds, total closing cash proceeds before taxes, and estimated blended taxes.

Choose the Right Exit

Deciding to sell your business is an enormous one. We will review with you all of your options. Additionally, we provide an analysis of the buy-side marketplace on a quantitative and qualitative basis. MidCap Advisors will be your advocate in the market; we will report to you on a timely basis regarding our activity and always act in your best interest.

Your business is unique, so is our process.

If you are considering acquiring a Retirement Plan Advisory and Wealth Management firm, MidCap's Diligence and Consulting Team can assist you with a Pre-LOI Pro Forma EBITDA Review, Valuation & Quality of Earnings Services, and Integration Services.

Industry-Leading Service for Middle Market M&A Clients

We are your persistent and reliable partner, providing you with industry insights, value-maximizing strategies, expert merger and acquisition execution, and the professional resources for optimizing complex transactions. We are proud of our end-to-end service model, and are recognized for:

Industry-leading business analytics
Industry-leading valuations achieved for clients
Our unique, six-step Transaction Roadmap
Industry-leading transaction close rate
High referral rate from prior clients
Multi-transaction clients

"We had engaged in a previous acquisition with another company and their team’s approach was the reason we backed out."

"Our company was acquired by a much larger organization and MidCap Advisors worked closely with us to make sure the transition went smoothly. Chip Loeb of MidCap Advisors was extremely helpful in working with our team to make sure all of our information was transferred properly and in a timely, efficient manner. Our company’s acquisition was one of the fastest HUB has seen, and everyone was pleased with the outcome. The team at MidCap is very professional and great to work with. MidCap went above and beyond and we are incredibly pleased with the outcome."

Diane Raimey, CFO
Leading Edge Companies

"A nice combination of knowledge and ethics."

"We had an excellent experience working with MidCap on the sale of our businesses. We did a rollup which involved the sale of five firms, simultaneously. We worked with Tony, Ryan and Brandon and thought they did a great job. They brought a lot of experience to the table and gave us some great advice."

Kevin Nentwich, Managing Partner & Founder of f3 Logic & f3 IM
Owner of Financial Consultants of America

"Their diligence created a phenomenal outcome for our group of companies and working with Gallagher is a win-win."

"Tony Leonard and Ryan Sanford were excellent and professional, easy to work with, and reached back in a timely manner."

Mary Kusske, CFP, CFO & Founder
F3 Logic and F3 Investment Management, Owner of Kusske Financial Inc.

Let's open up a meaningful dialogue.

We want to hear from you. Whether you’re considering a sale, raising capital, or simply want to understand more about your options in today’s business environment, we welcome the opportunity to learn more about your goals.

We're ready when you are.

Please let us know if you’re ready for a confidential consultation.

We don't ever share information. 100% Confidentiality.