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Trusted by
Acquiring Company
ACA Group
Acquired Company
UMB Fund Services
New YorkKansas CityFinancial ServicesSoftwareConsultingManagement ConsultingFinancial ServicesFinanceDescription
ACA Group has announced its intent to acquire the broker-dealer distribution business from UMB Fund Services, a subsidiary of UMB Financial Corporation. This acquisition aims to expand ACA's distribution division, ACA Foreside, by incorporating asset management clients with mutual fund, exchange-traded fund (ETF), and closed-end fund products. The transaction is expected to close in the fourth quarter of 2024.
Fundz sees it the moment ACA Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired UMB Fund Services?
UMB Fund Services was acquired by ACA Group, based in New York. The deal was reported on May 30, 2024. ACA Group (ACA) is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower our clients to reimagine GRC and protect and grow their business. ACA Group is privately held and operates in Financial Services.
When did ACA Group acquire UMB Fund Services?
ACA Group's acquisition of UMB Fund Services was reported on May 30, 2024. ACA Group has announced its intent to acquire the broker-dealer distribution business from UMB Fund Services, a subsidiary of UMB Financial Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does UMB Fund Services do?
UMB Financial Corporation is a leading provider of financial services for individuals and institutions. Bank deposit products provided by UMB Bank n.a., Member FDIC. Equal Housing Lender. It is privately held, operating in Financial Services, and is based in Kansas City.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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