United Capital Financial Advisors Secures $38 Million in Growth Capital

November 13, 2013

On October 21, 2013, United Capital Financial Advisors, a registered investment advisor, announced that it will receive $30 million in growth capital from lead investor Sageview Capital LP, plus additional amounts from Bessemer Venture Partners and Grail Partners, for a total amount of $38 million in new capital.

On October 21, 2013, United Capital Financial Advisors announced that it will receive $38 million in growth capital from Sageview Capital LP, Bessemer Venture Partners and Grail Partners.  Sageview Capital will invest $30 million, with the remainder coming from Bessemer Venture Partners and Grail Partners.  United Capital intends to invest the growth capital in marketing and branding, recruiting new advisors and making targeted acquisitions to expand its services in new markets.  United Capital has 47 offices nationwide and approximately $9 billion in assets under management.  Sageview Capital is a private investment firm investing in small and mid-sized companies in the financial services, technology and energy sectors.
 
To read the press release, please click here.


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