Acquiring Company
F.L.Putnam Investment Management Company
Acquired Company
Red Granite
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.
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Based on deal dataFrequently 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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