Glastonbury’s Apella Capital, a financial advisory and wealth management group, has acquired a registered investment advisor firm headquartered in Atlanta.
Calandra Financial, which specializes in financial planning, portfolio creation, and asset and income management, officially “joined” Apella earlier this month, company officials said.
A purchase price was not disclosed.
Calandra, founded in 2004, has nearly $80 million in assets under management.
Rotunda Capital Takes a Stake in Storm Smart
Rotunda Capital Partners, an operationally-focused private equity firm, has acquired a majority stake in
Storm Smart, a direct-to-consumer marketer, manufacturer and installer of storm protection products in the state of Florida.
“Storm Smart has been the leader in their category for the past 25 years,” said
Bob Wickham, partner with Rotunda. “They have revolutionized the storm protection industry through the development of innovative products and a history of consistently providing outstanding service. We are excited to partner with them in their next stage of growth.”
Storm Smart founder
Brian Rist will retain a significant equity interest in the company and continue to serve on its board of directors.
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