Troutman Pepper advised Bryn Mawr Capital Management, a subsidiary of WSFS Financial Corporation (NASDAQ: WSFS), regarding its expansion into southern Delaware and the establishment of a new presence in Boca Raton, Florida, after closing on an asset purchase agreement with a woman-founded, owned and managed registered investment advisory firm based in Rehoboth Beach, Delaware. Read a company press release about the expansion.

The acquisition will bolster Bryn Mawr Capital Management’s capabilities and will expand its reach to better serve diverse clients across multiple regions. With this purchase, Bryn Mawr Capital Management welcomes six new associates with a deep expertise and understanding of the industry. With the addition of these new team members, Bryn Mawr Capital Management is well equipped to provide guidance and tailor-made solutions to clients seeking to optimize their financial goals in the rapidly growing beach areas of southern Delaware and to serve clients residing in Florida.

The Troutman Pepper team advising Bryn Mawr Capital Management in the transaction was led by Michael H. Friedman and included Genna Garver, Seth Winter, Paul Porretta, Saba Ashraf, and Randy Varner.