Acquiring Company
Daybright Financial
Acquired Company
Hessel & Associates
Description
Daybright Financial has acquired Hessel & Associates, LLC, enhancing its presence in the Midwest. Brooke Hessel Cline will remain the Managing Partner of Hessel as part of Daybright's team. The acquisition aims to leverage resources for future growth amid evolving industry regulations. Daybright Financial continues to expand its retirement solutions segment.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Cohen & Co acquires Gioffre & Company, LLP (August 8, 2025)
- Daybright Financial acquires The Platinum 401k, Inc. (September 16, 2025)
- Beacon Pointe Acquires Alderfer Bergen & Co., Moser Wealth Advisors, and Amore Ambro, LLC (September 9, 2025)
- KKR acquires OSTTRA from S&P Global and CME Group (October 10, 2025)
- Payroc acquires BlueSnap to enhance payment solutions (October 9, 2025)
- HCM Unlocked acquires Forensic Payroll Consultants (October 9, 2025)
Who to call at Daybright Financial, and when
When Daybright Financial changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Hessel & Associates?
Hessel & Associates was acquired by Daybright Financial, based in Woodbridge Township. The deal was reported on August 27, 2025. Daybright Financial is one of the nation's largest independent, privately held firms specializing in employee benefits and retirement plans. Daybright Financial is privately held and operates in Financial Services.
When did Daybright Financial acquire Hessel & Associates?
Daybright Financial's acquisition of Hessel & Associates was reported on August 27, 2025. Daybright Financial has acquired Hessel & Associates, LLC, enhancing its presence in the Midwest. Brooke Hessel Cline will remain the Managing Partner of Hessel as part of Daybright's team. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hessel & Associates do?
Hessel & Associates, LLC is a pension consulting firm and full-service Third-Party Administrator (TPA) founded in 1979. The company specializes in retirement plans for small to mid-sized employers. It is privately held, operating in Finance, and is based in Lincolnshire.
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