CC Capital and Motive Partners to Sell Rebuilt Wilshire to Marsh

CC Capital and Motive Partners agreed on November 10, 2026 to sell Wilshire, the investment advisory and analytics firm, to Marsh (NYSE: MRSH), the sellers announced in a press release. The deal caps a five-year private-equity ownership that rebuilt a 50-year-old consultancy into a technology-enabled platform, and it is expected to close in the first quarter of 2027, subject to regulatory approvals. No purchase price was disclosed.

A 2021 bet on an old name

CC Capital, a New York private investment firm founded in late 2015, and Motive Partners, which focuses on financial technology, invested in Wilshire in 2021. Chinh Chu, CC Capital’s founder and senior managing director, said in the release: “When we originally invested in Wilshire, we saw a clear opportunity to build on the firm’s five decades of expertise and strong client relationships while positioning the business for its next phase of growth.”

What followed reads as a standard private-equity value-creation playbook, and it is the template behind a broader wave of consolidation in investment and asset management. CC Capital and Motive Partners said they ran the program alongside management with three broad strands: buying businesses, upgrading technology and replacing leadership.

Acquisitions, cloud and a new C-suite

The acquisitions were XTP, ParkLexington and Lyxor, which the sellers said expanded Wilshire’s alternatives and institutional hedge fund managed-account offerings and deepened its connections with financial intermediaries and retirement providers. On the technology side, the owners put money into cloud and API-enabled infrastructure, cybersecurity and a unified data and analytics stack. Douglas Newton, CC Capital’s co-founder and senior managing director, said in the release: “In partnership with Wilshire, we executed a focused value creation strategy to accelerate organic revenue growth through product innovation, technology-enabled workflows and a stronger go-to-market approach, complemented by strategic acquisitions that expanded Wilshire’s capabilities and reach.”

Leadership changed too. The ownership period brought the appointment of Tom Sanzone as executive chairman and Jason Schwarz as chief executive, part of what the release described as expanded C-suite recruitment. Newton also thanked Sanzone, whose leadership he said had been “central to the firm’s innovation and market position.”

What Marsh is buying

Wilshire advises on approximately $1.6 trillion of client assets and manages approximately $221 billion, both as of June 30, 2026, figures the firm itself provided. Its wealth and retirement arm supports thousands of defined-contribution plans, the 401(k) market that has become a strategic prize for large financial platforms. Chief Executive Jason Schwarz said joining Marsh’s investment business would let Wilshire keep “delivering independent insight and technology-enabled services to clients globally.”

The announcement is the sellers’ own; Marsh has not yet published its account of the transaction. The close is expected in the first quarter of 2027, subject to regulatory approvals and customary closing conditions.