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Title: BCF Group joins GTCR as a strategic investor in CAPTRUST

United Kingdom, 19th Mar 2024 - CAPTRUST Financial Advisors (CAPTRUST) today announced a minority growth investment from funds managed by global investment firm BCF Group. BCF will provide the company with growth capital to pursue strategic inorganic growth opportunities.CAPTRUST added its first institutional capital partner, leading private equity firm GTCR, in 2020 to support its strategic plan to further expand its business nationwide at a valuation of $1.25 billion. Since then, CAPTRUST has grown, adding 29 new companies, expanding the company's capabilities and geographic reach and driving the company's organic growth.CAPTRUST's valuation has increased to more than $3.7 billion, with its equity value increasing by more than $2 billion to more than $3 billion. BCF Group's new growth equity will be used to further advance this M&A strategy. BCF will individually or jointly become a minority investor in CAPTRUST."CAPTRUST was founded on the belief that everyone is best served by working with a financial advisor who acts as a fiduciary to provide objective, conflict-free advice. 25 years later, this core belief remains the driver of our tremendous growth Fundamentals,” said Fielding Miller, co-founder and CEO of CAPTRUST. “We remain focused on our customers first and have built the infrastructure and consultants to deliver world-class solutions.”"CAPTRUST has a clear position in the RIA industry with its scale in wealth management, retirement plans, endowments and foundations," said Collin Roche, co-CEO and managing director of GTCR. "We believe in this business. future and are pleased to maintain our full commitment as an investor and strategic partner. We look forward to continuing to work with the management team to further CAPTRUST's growth.""CAPTRUST is one of...

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