Washington Capital to Acquire Great Point Investors

May 22, 2017

On May 1, 2017, Washington Capital Management, Inc. announced it had reached an agreement to acquire Great Point Investors, LLC.

Washington Capital Management, Inc. (“WCM”) has agreed to acquire Great Point Investors, LLC (“Great Point”). In the transaction, Great Point’s principals will receive equity ownership in WCM, with WCM remaining a 100% employee-owned firm. The combined company will have more than $5.0 billion in assets under management and more than 65 employees. Great Point will continue to serve its existing clients from its Boston office.

WCM is a registered investment adviser headquartered in Seattle Washington. Great Point is a registered investment adviser. Great Point was founded in 1998 and is headquartered in Boston.

To read the press release: please click here.


Commentary, Investment Manager M&A