On September 19, 2024, Cerity Partners announced that it is merging with Touchdown Ventures.
Cerity Partners (“Cerity”) announced, on September 19, 2024, that it is merging with Touchdown Ventures (“Touchdown”). Following the closing, anticipated in the coming weeks, Touchdown will operate as Cerity Partners Ventures and integrate into the firm alongside Cerity’s broader service offerings.
Cerity, based in New York, is an independent wealth management firm serving high-net-worth individuals and families, as well as businesses and nonprofit organizations. As of September 2024, Cerity had $100 billion in assets under advisement.
Touchdown, based in Philadelphia, Pennsylvania, is a corporate venture capital firm that partners with corporations to invest in early and growth-stage companies. As of September 2024, Touchdown had $1.5 billion in assets under management. Park Sutton Advisors advised Touchdown on the transaction.
To read the press release: please click here.