Republic Capital Group Advises Wealthcare Capital Management on Entering into a Definitive Agreement with Sammons Financial Group

Republic Capital Group (“Republic”), an M&A advisory firm specializing in providing investment banking services to the financial services industry and their clients, congratulates Wealthcare Capital Management (“Wealthcare”), a portfolio company of NewSpring Holdings, on entering into a definitive agreement to be acquired by Sammons Financial Group (“Sammons”). Republic served as Wealthcare’s exclusive investment banking advisor, and the transaction is expected to close subject to customary regulatory approvals.

Wealthcare has $8 billion in total assets under management and is a full-service financial advisory firm with nearly 200 independent advisors and over 12,000 clients throughout the US. In 2024, Barron’s recognized Wealthcare in its list of top 100 RIA firms for the fifth consecutive year, and AdvisorHub named Wealthcare as one of the top 100 RIAs to watch. This collaboration represents a significant milestone for both companies, affirming their dedication to elevating the client experience.

“The acquisition of Wealthcare by a large financial leader such as Sammons is a meaningful industry event,” said John Langston, Founder and CEO of Republic. “It was a pleasure working with the Wealthcare and NewSpring teams, and we are excited for the future with Wealthcare as part of Sammons.”, he added.

Matt Regan, CEO of Wealthcare, commented, “We are extremely pleased with the outcome of the process that we undertook with Republic Capital Group and thank them for their support and guidance throughout.”…..