Kingswood Acquisition and Wentworth Management Services Complete Merger and Launch Binah Capital Group

Kingswood Acquisition announced today the completion of its merger with Wentworth Management Services. The combined company is known as Binah Capital Group, an independent wealth management enterprise.

Binah Capital will list on the Nasdaq, with stock and warrants trading under the tickers BCG and BCGWW.

The company has a pro forma enterprise value of $208 million, encompasses approximately 1,900 individuals working within the financial services industries, and approximately $23 billion in assets under management. Read more.

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