April 16, 2019
Estancia Capital Partners and Senior Management Acquire PMA
Bulkley Capital served as exclusive financial advisor to PMA Financial Network (Naperville, Illinois), a premier provider of financial and advisory services to municipalities, school districts and other local government entities, in the sale of the company to PMA’s senior management team in partnership with Estancia Capital Partners (Scottsdale, Arizona and Philadelphia, Pennsylvania).
Founded in 1984, PMA and its related companies serve over 2,500 public entities in eleven states, offering a full range of investment advisory, fund administration and public finance solutions. Bulkley Capital was engaged by the company’s family owners to evaluate strategic and financial alternatives to support the continued growth of PMA.
PMA was successfully sold to members of the company’s senior management team in partnership with Estancia Capital Partners, a private equity firm focused on investments in institutional quality asset management, wealth management and related business services firms. The transaction provides the company with the resources to help drive PMA’s next phase of growth, while also bringing senior management into a significant ongoing ownership position.