Private equity specialists CC Capital and Motive Partners have struck a deal to acquire legendary institutional investment technology and consulting firm Wilshire Associates.
The purchase will support Wilshire’s new investment solutions and offerings and expanded partnerships and geographic presence. Officials said clients can expect easier and more frequent access to Wilshire’s capabilities, including new solutions developed to meet shifting and expanding responsibilities required by clients.
The deal is expected to close by the end of year and at that time Dennis Tito will step down for his roles as chief executive officer and . . .
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