Kayne Anderson BDC Acquired by Activest Wealth Management | Financial Services M&A Deal

Activest Wealth Management has acquired 208,396 shares of Kayne Anderson BDC, Inc., a wealth management RIA business in the financial services sector, for an undisclosed price. Kayne Anderson BDC operates as a business development company, providing investment exposure that can complement wealth management portfolios for individual and institutional clients. Activest Wealth Management acquisitions in financial services M&A support client diversification through strategic acquisition of income-focused investment assets tied to Kayne Anderson BDC. The other acquisition is categorized as a strategic acquisition by a strategic buyer, with deal size undisclosed and status announced, subject to customary closing terms.