Captrust Acquires Covenant Multifamily Offices

Captrust recently concluded its acquisition of Covenant Multifamily Offices. Founded in 2010 with offices in San Antonio, Dallas, Boerne, TX and Oklahoma City, Covenant brings more than $2.6 billion in assets across more than 750 clients.

“With this transaction, Captrust has distinguished itself as one of the largest RIAs in several key markets in the state of Texas,” adds Peter Nesvold, partner and managing director of Republic Capital Group.

Covenant is led by founder and managing director John Eadie along with Barry Beal, Justin Pawl and Karl Eggerss. Another 44 team members will also join Captrust.

“John Eadie and his team at Covenant built one of the premier RIA firms in Texas,” says John Langston, founder and managing partner of Republic Capital Group. “Their ability to serve clients across the spectrum is very impressive, and it was our pleasure to advise them on their combination with Captrust.”