Global investment banking advisory firm Lincoln International has agreed to acquire MarshBerry, an advisory firm that has been serving the wealth management and insurance sectors for more than 40 years.

Lincoln International said the acquisition would drive new growth in the wealth management and insurance markets, strengthening its capabilities within the financial services sector and as an adviser for private equity firms, strategic acquirers, and independent owners navigating the consolidating insurance and wealth management landscape.

MarshBerry operates in the US and three locations in Europe, including London, serving a client base of private, independent brokers and wealth management firms.

It will look to bring a suite of specialised services, including investment banking, consulting and growth advisory, market intelligence, agency network access, and executive peer-exchange to the merger.

Once the acquisition closes, both firms will focus on an integration process that will culminate in a combination of their ‘complementary strengths’ while preserving their specialised expertise and personal relationships.

As part of the transaction, which is subject to regulatory approvals, Atlas Merchant Capital has agreed to sell its interests to Lincoln International.

“We look forward to welcoming all of the MarshBerry people to the Lincoln family,” commented Lincoln International CEO, Rob Brown.

“This acquisition aligns seamlessly with our vision of becoming the leading advisor in the private capital markets. By combining our strengths, we will not only expand our service offerings but will enhance the ways we support our clients as we navigate the dynamic insurance and wealth management sectors.”

MarshBerry CEO, John Wepler, added: “We view this partnership as a pivotal step in advancing opportunities for our valued clients and team. Joining Lincoln will allow us to enhance our services and pursue new market opportunities with greater scale and resources.

“This acquisition represents a step that bolsters our presence in the insurance and wealth management markets while setting the stage for continued growth.”

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