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Today: October 6, 2024
September 20, 2024
1 min read

Growing Cerity Partners: Merging with $15B VC Firm

TLDR:

  • Cerity Partners merges with Touchdown Ventures, expanding venture capital capabilities
  • Merge will enhance offerings to corporations and businesses, as well as private clients

Cerity Partners, an independent wealth management firm, has announced a merger with Touchdown Ventures, a specialist VC firm. This merger will enable Cerity to offer ‘venture capital as a service’ and enhance its services for private clients. The partnership will also help Cerity expand its footprint in key growth-oriented markets such as Philadelphia, Chicago, Los Angeles, and San Francisco. Todd Cassler, a 20-year industry veteran, has been appointed as the chief growth officer for Cerity Partners.

Touchdown Ventures, founded a decade ago, will now operate as Cerity Partners Ventures and use its experience and scale to serve startup entrepreneurs and venture capital investors. The CEOs of both firms express their excitement about the merger, highlighting the shared commitment to delivering exceptional service in their clients’ best interest.

This strategic partnership aims to provide the best possible venture capital services for corporations looking to access external innovation. The merger reinforces both teams’ commitment to their mission and signifies a promising collaboration moving forward.

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