Key Takeaways
- • Meketa Investment Group, Inc. ("Meketa") and Pension Consulting Alliance, LLC ("PCA") agreed in January 2019 to combine their investment consulting and advisory businesses.
- • The integration was expected to take place in the first half of 2019, with the combined firm operating under the name Meketa Investment Group, Inc.
- • Boston-based Meketa is merging with Portland, Oregon-based boutique consultant PCA, according to later coverage of the deal.
- • The transaction was framed by the parties as "an agreement to join forces," and no deal value was disclosed in the available reporting.
Summary
Meketa Investment Group and Pension Consulting Alliance announced that they had entered into an agreement to join forces, a move Institutional Investor reported under the headline "Meketa to Acquire Pension Consulting Alliance." The parties said the integration was expected to be completed in the first half of 2019 and that the combined firm would be called Meketa Investment Group, Inc.
According to subsequent coverage, Meketa is a Boston investment advisory firm, while PCA is a Portland, Oregon boutique consultant. The combination brings together two investment consulting practices serving institutional clients, including public and corporate pension plans.
The primary source does not disclose a purchase price or financial terms. Later publisher material indicates the combination was completed, with Meketa announcing the formal combination of the two firms in 2019, and states that the merger was completed on March 15, 2019. Institutional investors working with either firm should expect the consolidated Meketa platform to carry forward the consulting capabilities of both businesses under a single brand.
According to subsequent coverage, Meketa is a Boston investment advisory firm, while PCA is a Portland, Oregon boutique consultant. The combination brings together two investment consulting practices serving institutional clients, including public and corporate pension plans.
The primary source does not disclose a purchase price or financial terms. Later publisher material indicates the combination was completed, with Meketa announcing the formal combination of the two firms in 2019, and states that the merger was completed on March 15, 2019. Institutional investors working with either firm should expect the consolidated Meketa platform to carry forward the consulting capabilities of both businesses under a single brand.
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