BizEquity, a Philadelphia, Pennsylvania-based online business valuation service, received an investment from Brinker Capital.
The amount of the deal was not disclosed.
BizEquity and Brinker Capital ghave also signed a distribution partnership. To further expand its service offering to advisors who access Brinker Capital products through its Wealth Advisory and RIA Services units, Brinker Capital will leverage BizEquity’s cloud-based technology to deliver in-depth business valuation paired with industry analysis powered by big data.
Founded in 2011 by Michael M. Carter, Chief Executive Officer, BizEquity provides financial advisors and registered investment advisors with access to the tools to develop business valuation analysis for their clients.
The company has offices in key global markets including Singapore, Delhi, and Canary Wharf in London. It has over 440 financial institutions distributing its patented service offering.