Harter Secrest and Emery Advises Excel Securities & Associates on Sale to Arax Investment Partners

Harter Secrest & Emery LLP, a full-service business law firm with offices throughout New York State, recently advised the owners of Excel Securities & Associates Inc. (Excel) in Excel’s sale to Arax Investment Partners, a portfolio company backed by RedBird Capital Partners.

Headquartered in Rochester, NY, Excel is a full-service independent broker-dealer and registered investment advisor. The firm has been in existence for nearly 50 years and has around $1 billion assets under administration, with teams across multiple locations. The firm will now operate as Ashton Thomas Securities. 

Harter Secrest and Emery’s Mergers and Acquisitions team, led by Thomas R. Anderson, Jonathan R. Jasinski, and Karthik N. Sekharan, advised Excel in connection with the sale. The team regularly advises wealth management firms (including broker-dealers registered with FINRA and investment advisors registered with the SEC) in connection with their sales to private-equity backed and strategic buyers.

With top tier rankings by Best Law Firms® and Chambers and Partners, Harter Secrest and Emery’s Mergers and Acquisitions team represents clients in connection with transactions ranging in value from several million- to multi-billion dollars. Clients include entrepreneurs, start-up companies and non-profit organizations, to middle-market and publicly traded corporations.

About Harter Secrest & Emery LLP
Harter Secrest & Emery LLP is a full-service business law firm with attorneys throughout New York representing clients ranging from individuals and family-owned businesses to Fortune 100 companies and major regional institutions. With offices in Rochester, Buffalo, Albany, Corning, and New York City, New York, the firm and its attorneys are consistently recognized by the industry’s leading law firm and attorney ranking programs, including Chambers and Partners, Best Law Firms® and The Best Lawyers in America®.

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