FEATURED NEWS
10.28.24
Dallas, TX – October 28, 2024 – ALM First, a strategic partner for depositories offering commission-free, fee-based advice, is providing expert guidance amid the industry’s increasing merger and acquisition (M&A) activity. With significant mergers continuing to be announced in Q4 and planned to close in 2025, the firm’s strategic solutions group doesn’t expect the current consolidation trend to slow down anytime soon.
“From the strategy and preparation stages to closing, ALM First offers independent, holistic advice to guide financial institutions throughout the merger and acquisition process,” says Emily Hollis, CFA and CEO of ALM First. “Our core philosophy revolves around maximizing value for key stakeholders, including members, employees, communities and boards, while assisting our clients in managing risk and creating scale for long-term, sustainable growth.”
The firm has already played a role in nine mergers in 2024, including several recently announced transactions. ALM First’s full range of M&A solutions include Merger Advisory Services, Merger Valuations, and Strategic Communications.
ALM First has played a role in the following mergers so far this year:
> Ignite Credit Union and BlueOx Credit Union (Michigan)
> Louisiana Federal Credit Union and OnPath Credit Union (Louisiana)
> MemberOne Federal Credit Union and Virginia Credit Union (Virginia)
> Astera Credit Union and Adventure Credit Union (Michigan)
> NextMark Credit Union and Apple Federal Credit Union (Virginia)
> NE PA Community Federal Credit Union and Utilities Employees Credit Union (Pennsylvania)
> Launch Credit Union and Community Credit Union of Florida (Florida)
> Meritrust Credit Union and Premier Members Credit Union (Kansas, Colorado)
> Digital Federal Credit Union and First Tech Federal Credit Union (Massachusetts, California)
More information regarding ALM First’s comprehensive M&A Advisory Services, Merger Valuations, and Strategic Communications may be found at www.almfirst.com.
About ALM First Group
ALM First was founded in 1995 as a strategic partner for depositories, offering an array of financial advisory services. The firm’s expertise in asset liability management, investment management, balance sheet strategy, secondary market solutions, and specialty financial services, has allowed it to deliver deeper insights into financial institutions’ balance sheets, strengthening their performance and building efficiencies. With approximately $70 billion of investments under management (as of September 30, 2024), ALM First Financial Advisors is an SEC-registered investment advisor, acting as an unbiased third party, offering commission-free, fee-based services to over 300 financial institutions across the country. In recent years, ALM First Group has expanded to include several wholly-owned subsidiaries including DDJ Myers, an ALM First Company and ALM First Executive Benefits, LLC. Driven by client needs, the firm now offers various services to help financial institutions optimize their greatest assets – their people.
About Platform Partners LLC
Founded in 2006, Platform Partners LLC is a private investment company based in Houston that makes investments in lower middle-market companies with the intent of growing these businesses into industry leaders through a combination of organic and acquisition growth. Platform invests through a perpetual holding company structure allowing for a long-term, patient approach to partnering with entrepreneurs to build companies. The company manages total assets of approximately $850 million. For more information, please visit platformllc.com.