Todd Clarke

NorthStar Financial Services Group, LLC (NorthStar), a holding company for several subsidiaries which manage and service financial assets, is breaking ground today on its second building on the Omaha, Nebraska campus.

Collectively, the NorthStar companies are currently home to 709 employees and $325 billion in assets under management and administration. The approximately $6.3 million expansion is a result of impressive growth at NorthStar and its subsidiaries, including the hiring of 326 new employees company-wide since January 2014.

TA Associates, a leading global growth private equity firm, today announced it has signed a definitive agreement to acquire a majority interest in NorthStar Financial Services Group, LLC, and its nine subsidiary wealth management industry service providers. NorthStar’s management team will remain significant owners following closing, which is expected to occur in the second quarter of 2015.  Additional terms of the transaction were not disclosed.