Seeking Alpha

National Holdings to acquire Boston-based investment firm

|About: National Holdings Corporation (NHLD)|By:, SA News Editor

National Holdings (NASDAQ:NHLD) agrees to buy Winslow, Evans & Crocker, a Boston-based full-service investment firm for undisclosed terms.

The deal is expected to close in fiscal Q1 2020 and expected to add to gross and adjusted EBITDA margins.

More than 50 financial professionals, including certified financial planners, investment adviser representatives, financial consultants, brokers, and other specialists make up the Winslow, Evans & Crocker team; the firm has more than $2.5B AUM.

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