FTJ FundChoice, a Hebron, KY-based provider of technology and services to investment advisors, has been acquired by middle market buyout firm Seaport Capital for an undisclosed amount.
Following the investment, the company will continue to be led by President Dean Cook and COO Phillip Markgraf, who also invested in the transaction, along with the selling shareholder.
FTJ FundChoice is a an asset management provider offering technology-enabled asset management and back office administrative services, including trade management and reconciliation, portfolio modeling, record keeping, performance reporting, fee billing, and web-based account services. The company also provides a wide array of third-party asset allocation services to investment advisors.
FinSMEs
19/07/2012