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.

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

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