Cynosure Partners, the direct investment arm of The Cynosure Group, has completed the closing of a single-asset continuation vehicle for Savant Capital Holdings, LLC, in partnership with global private markets investment firm Hamilton Lane.
The transaction represents a significant milestone in Cynosure’s decade-long investment in the wealth management company while providing liquidity opportunities for its original investors.
The continuation vehicle attracted approximately $270 million in total commitments, underscoring continued investor confidence in Savant’s long-term growth strategy and market position.
Hamilton Lane Leads the Transaction
Hamilton Lane served as the exclusive lead investor in the continuation vehicle through funds under its management.
The firm was also the only provider of new external capital for the transaction, highlighting its confidence in Savant’s future prospects and the value created since Cynosure’s original investment.
The structure allows existing limited partners to access liquidity while enabling the investment to remain under long-term ownership with continued institutional backing.
Decade of Growth Since Initial Investment
The transaction comes ten years after Cynosure Partners first invested in Savant Capital Holdings.
Over that period, the company has expanded its footprint and strengthened its position in the wealth management industry.
Despite offering liquidity to its original investors, Cynosure will continue to hold an active minority ownership stake in Savant and retain its role on the company’s Board of Directors, reflecting its ongoing commitment to the business.
Savant Expands Wealth Management Platform
Savant Wealth Management has grown into a major provider of integrated financial advisory services, overseeing more than $57 billion in assets under management.
The firm serves over 25,000 clients through a nationwide network of 70 offices.
In addition to investment management and wealth advisory services, Savant provides tax planning, consulting, and related legal services, allowing clients to access a broad range of financial solutions through a single platform.
Leadership and Ownership Structure Remain Stable
The company continues to be led by founder and Chief Executive Officer Brent Brodeski, who has overseen Savant’s expansion into a diversified wealth management organization.
Alongside Cynosure Partners, North American middle-market private equity firm Kelso & Company remains an investor in the business, with both firms continuing to support Savant’s long-term strategic development and operational growth.
