Transaction · Wealthtech · 2020

JPMorgan / 55ip 2020

JPMorgan Chase acquired 55ip on December 3, 2020.

Target: 55ip
Acquirer: JPMorgan Chase
Announced: December 3, 2020
Sub-sector: Wealthtech

Transaction overview

JPMorgan Chase announced the acquisition of 55ip on December 3, 2020.

Strategic rationale

JPMorgan Asset Management acquires tax-efficient portfolio automation platform to accelerate advisor technology capabilities and enable scaled, intelligent investment tools.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: December 3, 2020
Acquirer: JPMorgan Chase (Strategic)
Sub-sector: Wealthtech

Sources

crowdfundinsider.com /2020/12/169821-jpmorgan-to-acquire-fintech-firm-55ip-in-order-to-help-advisors-with-setting-up-tax-efficient-portfolios/

Comparable transactions in Wealthtech

Primary	Event type	Counterparty	Value	Sub-sector	Date
SLIB	Transaction	Objectway		Wealthtech	July 27, 2026
Lovell Insurance Group	Transaction	Creative Planning		Wealthtech	July 14, 2026
Venturi Private Wealth	Transaction	Caprock		Wealthtech	July 14, 2026
MoneyGeek	Transaction	Madrivo		Wealthtech	July 14, 2026
Pinnacle Wealth Management	Transaction	Carson Group	$236M	Wealthtech	July 9, 2026
Resource Financial Group Assets	Transaction	Choreo		Wealthtech	July 8, 2026