Transaction · Wealthtech · 2026

Carson Group acquires Pinnacle Wealth Management

Carson Group acquired Pinnacle Wealth Management for $236M on July 9, 2026.

Target
Pinnacle Wealth Management
Acquirer
Carson Group
Deal value
$236M
Announced
July 9, 2026
Sub-sector
Wealthtech

Transaction overview

  • Carson Group announced the acquisition of Pinnacle Wealth Management on July 9, 2026 for $236M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Carson Group acquires Pinnacle Wealth Management, a $236M California advisory firm.

Deal terms & multiples

Deal value
$236M
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
July 9, 2026
Acquirer
Carson Group (Strategic)
Sub-sector
Wealthtech

Frequently asked questions

How much did Carson Group pay for Pinnacle Wealth Management?

Carson Group acquired Pinnacle Wealth Management for $236M, announced on July 9, 2026.

When did Carson Group announce the acquisition of Pinnacle Wealth Management?

Carson Group announced the acquisition of Pinnacle Wealth Management on July 9, 2026.

What sub-sector is Pinnacle Wealth Management in?

Pinnacle Wealth Management is tracked in the Wealthtech sub-sector.

Sources

  • globenewswire.com /news-release/2026/07/09/3324845/0/en/Carson-Group-Welcomes-Pinnacle-Wealth-Management-Team-to-the-Carson-Wealth-Office-in-Roseville-California.html