Vedder Price Represents J.H. Ellwood & Associates, Inc. in Acquisition by CapTrust Financial, LLC
Vedder Price is pleased to announce that it represented J.H. Ellwood & Associates. Inc. (“Ellwood”) in connection with the acquisition of 100% of its outstanding stock by CapFinancial Partners, LLC d/b/a CAPTRUST Financial Advisors (“CAPTRUST”).
Headquartered in Chicago with offices in Denver, Ellwood is a registered investment adviser that provides institutional and high-net-worth individuals and families with independent investment advice and has assets under advisement of approximately $85 billion. With roots dating back to 1989 and headquartered in Raleigh, North Carolina, CAPTRUST is a national leader in providing independent investment services to institutions and individuals and has a deep culture of employee ownership. Ellwood believes that the acquisition will provide a foundation for continued growth while retaining a culture of employee ownership and independent advice.
“Our team is very pleased to have assisted Ellwood, a long-standing client, in this strategic transaction and to have helped them navigate the complexities of selling a 100% ESOP-owned company,” said Deborah Bielicke Eades, a shareholder in Vedder Price’s Investment Services Group.
Ms. Eades and fellow shareholder Adam S. Lewis led the team representing Ellwood in the deal, supported by team members Daniel B. Lange, Julia L. Brook, Rachel Behar, Andrew Falevich and Grant Kaiser.
Vedder Thinking | News Vedder Price Represents J.H. Ellwood & Associates, Inc. in Acquisition by CapTrust Financial, LLC
Press Release
October 11, 2021
Vedder Price is pleased to announce that it represented J.H. Ellwood & Associates. Inc. (“Ellwood”) in connection with the acquisition of 100% of its outstanding stock by CapFinancial Partners, LLC d/b/a CAPTRUST Financial Advisors (“CAPTRUST”).
Headquartered in Chicago with offices in Denver, Ellwood is a registered investment adviser that provides institutional and high-net-worth individuals and families with independent investment advice and has assets under advisement of approximately $85 billion. With roots dating back to 1989 and headquartered in Raleigh, North Carolina, CAPTRUST is a national leader in providing independent investment services to institutions and individuals and has a deep culture of employee ownership. Ellwood believes that the acquisition will provide a foundation for continued growth while retaining a culture of employee ownership and independent advice.
“Our team is very pleased to have assisted Ellwood, a long-standing client, in this strategic transaction and to have helped them navigate the complexities of selling a 100% ESOP-owned company,” said Deborah Bielicke Eades, a shareholder in Vedder Price’s Investment Services Group.
Ms. Eades and fellow shareholder Adam S. Lewis led the team representing Ellwood in the deal, supported by team members Daniel B. Lange, Julia L. Brook, Rachel Behar, Andrew Falevich and Grant Kaiser.
