Dechert Advises Estancia Capital Partners, Which Joined Forces with LLR Partners, on the Acquisition of Soltis Investment Advisors

Dechert advised Estancia Capital Partners (Estancia), a specialist private equity firm focused on the financial services sector, which joined forces with LLR Partners, in the acquisition of Soltis Investment Advisors, LLC (Soltis). Soltis is a registered investment adviser with more than US$9 billion of client assets under management.

The transaction provides Soltis with an infusion of growth capital, as well as additional value creation resources and expertise to support Soltis in delivering comprehensive wealth management and retirement plan services. In addition, the investment aims to help Soltis selectively grow its team of talented financial advisors, explore potential acquisitions and enhance service offerings.

The Dechert team that advised Estancia included corporate partners Ken Young, Steve Pratt and Bernardo Piereck; associates Michael Gordon, Gurbir Sandhu and Ryan Yang; global finance partner Lindsay Flora; tax partner Kevin Zaragoza; financial services partner Michael W. McGrath and associate Samuel Scarritt-Selman; employee benefits partners Howard M. Klein, Steven Rabitz and John Schuch; labor partner J. Ian Downes; cyber, privacy and AI partner Brenda Sharton; intellectual property partner Thomas A. Rayski; private client partner Amy Ufberg; and real estate counsel Francois Quintard-Morenas.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital - from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology.