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Investment Brokerages M&A image Investment Brokerages M&A » By The Online Investor Staff, updated Sun., Oct. 17, 11:25 AM Recent mergers and acquisitions in the Investment Brokerages M&A category.

Slide #44. Investors Capital Holdings, Ltd. RCS Capital Corporation

Acquirer: Investors Capital Holdings, Ltd. (ICH)
Acquiree: RCS Capital Corporation (RCAP)
Details: On October 27, 2013, Investors Capital Holdings, Ltd. ("ICH") (NYSE MKT:ICH) executed a definitive merger agreement (the "Merger Agreement") with RCS Capital Corporation ("RCAP") (NYSE:RCAP), pursuant to which RCAP will acquire ICH and its subsidiaries, including Investors Capital Corporation, a four-time recipient of the Investment Adviser Magazine Broker-Dealer of the Year Award, for a total consideration of approximately $52.5 million comprised of cash and RCAP stock. This transaction will allow RCAP to further expand its footprint in the independent financial advisor segment of the financial services industry.

Investors Capital Holdings is a financial services holding company that operates primarily through its wholly-owned broker-dealer and registered investment advisor subsidiary, Investors Capital Corporation (ICC). ICC provides to investors: broker-dealer services primarily in support of trading and investment in securities such as corporate stocks and bonds, U.S. Government securities, municipal bonds, mutual funds, variable annuities, alternative investments and variable life insurance, including provision of market information, internet trading and portfolio tracking facilities and records management; and investment advisory services, including asset management.

Open the ICH Page at The Online Investor »

Investors Capital Holdings is a financial services holding company that operates primarily through its wholly-owned broker-dealer and registered investment advisor subsidiary, Investors Capital Corporation (ICC). ICC provides to investors: broker-dealer services primarily in support of trading and investment in securities such as corporate stocks and bonds, U.S. Government securities, municipal bonds, mutual funds, variable annuities, alternative investments and variable life insurance, including provision of market information, internet trading and portfolio tracking facilities and records management; and investment advisory services, including asset management.

Open the RCAP Page at The Online Investor »

Company Name: 
Investors Capital Holdings, Ltd.
Website: 
www.investorscapital.com
Sector: 
Investment Brokerages
Company Name: 
RCS Capital Corp
Website: 
www.rcscapital.com
Sector: 
Investment Brokerages
 

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