All Transactions
NewSpring Capital Logo

through their portfolio company

Wealthcare logo

has acquired

Sommers Financial Management Logo

Dinan & Company initiated this transaction

Wealthcare, a portfolio company of NewSpring Capital, has acquired Sommers Financial Management

Buyer

NewSpring Capital

A family of targeted private equity funds focused on the Mid-Atlantic region of the United States.

Portfolio Company

Wealthcare Capital Management LLC

Technology-enabled full-service RIA that supports independent financial advisors.

Seller

Sommers Financial Management

A Registered Investment Advisor (RIA) Firm. 

Industry

Business Services
Consumer

Sector

Financial Services

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