Overland Park

$1.7B sale of Waddell & Reed finalizes

Macquarie Asset Management officially closed on its $1.7 billion acquisition of Overland Park-based Waddell & Reed Financial Inc. on Friday afternoon. The transaction brings $76 billion in assets to Macquarie Asset Management, making it a top 20 actively managed, long-term… more

OneDigital increases assets by $6B with acquisition

OneDigital Investment Advisors made another acquisition, adding Westminster Consulting LLC and its $6 billion in plan assets to the ranks of Overland Park-based subsidiary OneDigital Retirement + Wealth. Westminster's employees will work from its headquarters in Rochester, plus three other… more

Metro tech startup receives $41M capital infusion

Overland Park-based Replica experienced explosive revenue growth last year, and now it’s generating another win: raising $41 million in Series B funding.  San Francisco-based venture capital firm Founders Fund led the round and was joined by existing investors such as… more

Yellow ushers in new president

Overland Park-based Yellow Corp. has named a new president.  The trucking and logistics company, formerly known as YRC Worldwide Inc., promoted Darrel Harris to the role.  Harris joined Yellow in November as executive vice president of strategic initiatives. The industry… more

Compass Minerals sells portion of assets to Koch Industries

Overland Park-based Compass Minerals International Inc. has sold a portion of its North American Micronutrient assets to Wichita-based Koch Industries subsidiary, Koch Agronomic Services LLC. "Compass Minerals has been proud to grow the Wolf Trax product line and introduce both… more

SelectQuote to begin hiring boost in region, nationwide

SelectQuote Inc. plans to hire thousands of associates to help its customers enroll in Medicare over the coming weeks and months. The Overland Park-based insurance company SelectQuote helps consumers compare and select insurance plans from a variety of insurers. The… more

Prime Capital adds $50M AUM with acquisition

Prime Capital Investment Advisors (PCIA) closed on a deal Thursday bringing on Arkansas-based Sphere Wealth Management. The transaction adds $50 million in assets under management (AUM) to Prime's $11.2 billion in AUM. The deal has added more than 200 families… more

Overland Park-based Compass Minerals to sell plant nutrition business for $418M

In a deal valued around $418 million, Overland Park headquartered mineral producer, Compass Minerals International Inc., announced it will its South America specialty plant nutrition business to ICL Group subsidiary, ICL Brasil Ltda. ICL Brasil Ltda. has signed a definitive… more

Overland Park noted among Top 5 best U.S. cities to live in

Niche has released its 2021 Best Places to Live rankings, and Overland Park has puts its stamp all over the rankings. In the "Best Cities to Live" category, the suburban Kansas City community ranked fourth out of the 231 cities… more

B2B payment company MSTS rebrands with name change

MSTS, a business-to-business credit solutions provider, rebranded itself after 43 years, taking on the name TreviPay. TreviPay CEO Brandon Spear said the rebrand was designed to better reflect what the Overland Park-based company does today. Founded in 1978, MSTS originally… more