Getting your player ready...
UMB Financial has agreed to acquire investment adviser Prairie Capital Management for $26.6 million in a deal that broadens UMB’s financial-services portfolio.
Kansas City, Mo.-based UMB is best known for its retail banking operations, which include 14 branches in Colorado and 135 in seven Western and Midwestern states.
Prairie Capital Management, also based in Kansas City, has branch offices in Denver, Chicago and Philadelphia. The firm has $2.2 billion in assets under management.
