Republic Capital Group was named the “Boutique Investment Banking Firm of the Year” by The M&A Advisor during its 22nd annual awards gala in New York City last week.
The firm also received the award for “M&A Deal of the Year” across all transaction categories between $100 million and $250 million for advising Creative Planning on its purchase of BerganKDV—the largest reported acquisition of a CPA firm by a wealth management firm.
In 2022, RCG advised on $52 billion in transacted assets—about 18% of the total tracked by Fidelity Institutional. The firm is set to exceed $100 billion this year, according to Partner Peter Nesvold, which is almost half of the $215 billion in purchased assets Fidelity has recorded through October.
RCG was also a finalist for “deal of the year” in a different price category for its involvement in Parallel’s acquisition of Autus Investment Management—a three-way transaction that swapped out a minority investor for a majority owner.
Founded in 1998, The M&A Advisor is a trade group for corporate finance and M&A professionals. The annual awards recognize significant deals across industries, from large companies to middle market firms.
With a focus on serving asset and wealth managers, RCG moved its headquarters from Houston to NYC earlier this month to tap into the region’s wealth of financial services talent and expertise.
Founded in 2015 by Managing Partner John Langston, the goal is to increase the 10-person team—half of whom are partners—to 13 in the coming year. A little further down the road, Langston and RCG Managing Partner Peter Nesvold have said they expect to transition into a more merchant banking role for clients, helping with financing and practice management on a longer-term basis and potentially even investing their own funds.
RCG Managing Partner and founder John Langston
