On September 24, 2024, Summit Financial Holdings announced its partnership with BFG Wealth and Canon Capital Wealth Management.
Homrich Berg (“HB”) announced, on September 26, 2024, that TPG Growth (“TPG”) made a minority investment in its firm. HB’s management team will remain the largest shareholder group. Further terms of the deals were not disclosed.
TPG (NASDAQ: TPG), based in San Francisco, is an alternative asset management firm that invests in diversified set of strategies, including private equity, impact, credit, real estate, and market solutions. TPG has $229 billion in assets under management.
HB, based in Atlanta, Georgia, is a registered investment adviser that provides fiduciary, fee-only investment management and financial planning services. HB has approximately $18 billion in assets under management.
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