is now free to pursue its own destiny.
The firm completed its buyout deal from former parent SunTrust
. The deal was originally announced in December 2013
The buyout was done in a partnership with private equity shop Lightyear Capital
Lightyear is investing healthfully in Ridgeworth. The firm is actively looking to grow, in part by acquisition.
Senior executives at RidgeWorth, including CEO Ashi Parikh
, told MFWire
in February 2014
and again in late March
, that the firm is hungry for deals.
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