Rosemont Acquires Minority Stake in Veris

INVESTMENT MANAGEMENT DEALS BLOG

March 4, 2022

On February 8, 2022, Rosemont Investment Partners, LLC announced a minority investment in Veris Wealth Partners.

Under the terms of the transaction, Rosemont Investment Partners, LLC (“Rosemont”) made a minority investment in Veris Wealth Partners (“Veris”). Further terms of the deal were not disclosed.

Rosemont, based in Conshohocken, Pennsylvania, is a specialist investor that partners with asset and wealth management companies. Rosemont acquires permanent minority equity positions in support of management buyouts, recapitalizations, ownership transitions and selected start-ups.

Veris, based in San Francisco, California, is a wealth management firm and Certified B Corp, working with individuals, families and private foundations. Veris has approximately $2 billion in assets under management.

To read the press release: please click here.