IM Deals Blog

Kingswood U.S. Acquires Eudaimonia

Written by admin | Oct 02, 2024

On September 24, 2024, Kingswood U.S. announced that it acquired Eudaimonia Partners and Eudaimonia Advisors.

Kingswood U.S. (“Kingswood”) announced on September 24, 2024, that it acquired Eudaimonia Partners and Eudaimonia Advisors (together, “Eudaimonia”). Under the terms of the transaction, Kingswood also entered into a strategic alliance with Eudaimonia Asset Management. John Goodson, Eudaimonia’s Founder and President, will continue to lead his team of advisors as president of his group. Further terms of the deal were not disclosed.

Kingswood, based in New York City, is an asset management firm and part of the Kingswood Group, a network of wealth management firms, registered investment advisors, and broker-dealers. Kingswood together with Kingswood Group has over $15 billion in assets under management. Republic Capital Group acted as exclusive investment banking advisor to Kingswood in connection with the transaction.

Eudamonia, based in Nashville, Tennessee, is a registered investment advisor providing clients with wealth management and financial advisory services. Eudaimonia together with Eudaimonia Asset Management had over $1 billion in client assets.

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