Lowenstein represented Cerity Partners EOE LLC, a management-owned investment vehicle in independent wealth management firm Cerity Partners Equity Holding LLC (“Cerity Partners”), in Cerity Partners’ recapitalization led by Genstar Capital, a leading private equity firm. Lightyear Capital has been an investor in Cerity Partners since 2017 and will continue to be an investor in the firm.
Founded in 2009, Cerity Partners is one of the largest and fastest-growing independent wealth management firms in the U.S. From 16 markets across the U.S., the firm's 425 professionals serve more than 10,000 clients and advise on approximately $50 billion in assets. Cerity Partners provides estate, financial and tax planning, tax preparation, executive financial counseling, retirement plan advisory, and investment management services to high-net-worth individuals and their families, businesses and their leaders, and nonprofit organizations.
Genstar Capital, a leading private equity firm that has been actively investing in high-quality companies for over 30 years, currently has approximately $35 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries.
The deal team included Marie T. DeFalco, Michael J. Reinhardt, Brian A. Silikovitz, Christine Osvald-Mruz, Anita L. Chapdelaine, Sophia Mokotoff, Scott Siegel, Emily B. Sklar, and Maddie Loewenguth.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
