Cerity Partners announced last week that it is acquiring Touchdown Ventures, a leading provider of advisory services for corporate venture programs. The partnership is aimed at expanding Cerity Partners’ offerings to corporations and businesses while strengthening its venture capital capabilities.
According to the company, the Touchdown merger will allow Cerity Partners to:
Expand its Venture Capital-as-a-Service (VCaaS) offerings, providing corporations with tailored venture capital solutions to access external innovation.
Broaden access to innovative startups, enhancing opportunities for private clients and corporate partners.
Offer diversified investment vehicles and strategies, blending traditional wealth management with advanced venture capital approaches.
This move aligns with Cerity Partners’ strategy to deepen its wealth management offerings and enhance its service to corporate partners while at the same time capitalizing on the rise of Corporate Ventures in the innovation space. Through this merger, Cerity Partners will equip corporations with the tools to not only invest but also foster growth and advancement in their industries.
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