On July 13, 2016 Minella Capital Management LLC announced that it will acquire a majority stake in W.E. Donoghue & Co. Inc.
This new partnership will help facilitate the succession plan of W.E. Donoghue & Co. Inc.’s (“W.E. Donoghue”) founder, William Donoghue.
Established in 2007, Minella Capital Management LLC is a private equity firm focusing on making growth equity investments in investment management companies.
W.E. Donoghue is a Massachusetts-based registered investment adviser that delivers tactical strategies to clients including individual and institutional separate account clients and mutual fund clients. As of July 13, 2016, W.E. Donoghue has over $1.6 billion in client assets.
Silver Lane Advisors served as financial advisor to W.E. Donoghue in connection with the transaction.
To read the press release: please click here.