Segall Bryant & Hamill has signed a definitive agreement to acquire Denver Investments. Denver Investments is a highly regarded independent, employee-owned investment firm based in Denver, Colorado, with approximately $7.3 billion in assets under management. The combined entity will be named Segall Bryant & Hamill.
It is expected that the Westcore Funds—which are advised by Denver Investments—will become part of the SBH mutual fund family, subject to proxy approval.
The transaction is expected to close in the second quarter of 2018, subject to customary closing conditions.