Segal Advisors is in talks to acquire investment consulting firm Rogerscasey, and a deal might be imminent, according to sources who declined to be identified.
Sources said a sale was not unexpected. Capital Resource Partners, a private equity firm that owns 75% or more of Rogerscasey's equity, according to Rogerscasey's latest SEC filings, is looking to cover $10 million in debt CRP took on when it invested in the company, the sources said.
Neither Robert C. Ammerman, managing partner of Capital Resource Partners, nor Timothy R. Barron, president and CEO of Rogerscasey, could immediately be reached for comment.
Mary Feldman, a spokeswoman for Segal, declined to comment.
