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F.L.Putnam acquires Red Granite team for expansion

PRIVATESep 02, 20266 days ago

Acquiring Company

F.L.Putnam Investment Management Company

Acquired Company

Red Granite

LynnfieldMilwaukeeFinancial ServicesConsultingAngel Investment

Description

F.L.Putnam Investment Management Company has acquired the Red Granite team from 1251 Capital Group, expanding its Midwest presence. This strategic acquisition adds a new equity investment strategy to FLP's platform. The six-member Red Granite team will continue operations in Milwaukee while integrating into FLP's advisory services.

Company Information

Company

F.L.Putnam Investment Management Company

Location

Lynnfield, Massachusetts, United States

About

F.L.Putnam provides investment management, financial planning, and consulting services to high-net-worth clients and institutions including endowments and foundations. Since 1983, F.L.Putnam has delivered a comprehensive set of solutions that help clients build, preserve, and manage their wealth. The firm serves clients from offices in Maine, Massachusetts, New Hampshire, New York, and Rhode Island. More information is available at www.flputnam.com.

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Predictive Intelligence
Strategic

ML-powered predictions for F.L.Putnam Investment Management Company's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Red Granite?

Red Granite was acquired by F.L.Putnam Investment Management Company, based in Lynnfield. The deal was reported on September 2, 2026. F.L.Putnam provides investment management, financial planning, and consulting services to high-net-worth clients and institutions including endowments and foundations. F.L.Putnam Investment Management Company is privately held and operates in Financial Services.

When did F.L.Putnam Investment Management Company acquire Red Granite?

F.L.Putnam Investment Management Company's acquisition of Red Granite was reported on September 2, 2026. F.L.Putnam Investment Management Company has acquired the Red Granite team from 1251 Capital Group, expanding its Midwest presence. This strategic acquisition adds a new equity investment strategy to FLP's platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Red Granite do?

Red Granite is led by Co-Chief Investment Officers Joel D. Vrabel and David J. Drzadinski. The team manages a large-cap growth equity strategy and oversees more than $1 billion in assets for private clients. It is privately held, operating in Angel Investment, and is based in Milwaukee.

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