Federated Hermes Acquires C.W. Henderson

INVESTMENT MANAGEMENT DEALS BLOG

October 5, 2022

On October 3, 2022, Federated Hermes, Inc. announced the acquisition of CW Henderson & Associates, Inc.

Under the terms of the agreement, Federated Hermes, Inc. (“Federated Hermes”) will acquire substantially all of the assets of C.W. Henderson & Associates, Inc. (“C.W. Henderson”). Upon completion of the transaction, Federated Hermes will change its name to Federated Hermes CW Henderson. Financial terms were not disclosed.

Federated Hermes (NYSE: FHI) is a Pittsburgh-based investment manager. As of June 30, 2022, Federated Hermes had $631.9 billion in assets under management.

C.W. Henderson, based in Chicago, is a registered investment advisor specializing in tax-exempt municipal securities. As of June 30, 2022, C.W. Henderson had $3.63 billion in assets under management.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.