PCE Announces the Sale of Dominion Advisory Group

PCE Investment Bankers, a leader in mid-market financial advisory services, is pleased to announce the successful sale of Dominion Advisory Group (DAG) to SolomonEdwards, a portfolio company of Renovus Capital. PCE served as DAG's exclusive financial advisor.

Founded in 2005, DAG is a premier firm specializing in Anti-Money Laundering (AML) compliance and financial crime investigations. The company provides expert guidance and tailored solutions to assist financial institutions in building and operating robust AML and financial crime mitigation programs.

SolomonEdwards is a national professional services firm offering financial, operational, and technology consulting along with operations support. The firm has a proven track record in the banking, financial services, and regulatory compliance sectors.

DAG's offerings align seamlessly with SolomonEdwards’ core services. This acquisition strengthens SolomonEdwards' capabilities, enabling the firm to deliver an even more comprehensive suite of solutions to its clients in the banking and financial services industry.

The acquisition marks a significant milestone in SolomonEdwards’ evolution from a regionally focused consulting and staffing company to a national professional services platform with expanded reach in financial services and compliance.

DAG’s founders, Jon Glass and Pete Balint, will join SolomonEdwards as Partners, leading the newly established AML and financial crime consulting practice. All DAG employees will transition to SolomonEdwards, ensuring continuity in client service and expertise.

“After dedicating two decades to building DAG, Pete and I are excited to continue in leadership roles at SolomonEdwards,” said Jon Glass. “The synergies between our firms are remarkable, and together, we’re positioned to deliver even greater value to our clients.”

Balint added, “We are grateful for PCE’s unwavering support throughout this process. Their focus on achieving the best terms for DAG and our employees was instrumental to the success of this transaction.”

Michael Rosendahl, Managing Director at PCE, remarked, “This transaction underscores the strength of DAG’s market position and the value they bring to their clients. Partnering with SolomonEdwards will not only expand their reach but also enable both firms to achieve greater impact in the financial services sector. We are honored to have guided DAG through this pivotal moment.”

About SolomonEdwards: Founded in 1999, SolomonEdwards is a national professional services platform firm specializing in financial, operational and technology consulting and support. We help organizations find better ways to work by delivering exceptional talent, proven project delivery methods and custom solutions tailored to each client’s needs. By leveraging deep industry expertise and cross-functional capabilities, we bring the right people and expertise together to turn business challenges into value-creation opportunities. For more information about how SolomonEdwards can support your business objectives, please visit SolomonEdwards.com.

About Dominion Advisory Group: Dominion Advisory Group is a U.S.-based AML advisory and consulting firm trusted by financial institutions to tackle complex anti-money laundering compliance challenges. Specializing in financial crime investigations, transaction monitoring, analysis, investigation, and SAR reporting operations, Dominion has been instrumental in many of the most notable AML enforcement matters of the past decade. With unmatched expertise and a targeted focus on AML compliance, Dominion delivers innovative, effective, and sustainable solutions to enhance and strengthen clients' AML operations. To learn more, please visit dominion-advisors.com.