Announced
Financials
Tags
investment management
Majority
Friendly
Asset Managers and Custodians
Pending
United States
Single Bidder
Private Equity
Acquisition
Private
special purpose acquisition vehicle
Venture Capital
Domestic
Synopsis
iCapital Network, a financial technology platform, is set to acquire a majority stake in Artivest, an innovative technology company for accessing and investing in alternatives. Financial terms were not disclosed. “We are pleased to reach an agreement with iCapital, which is well positioned to deliver the quality and continuity of client experience that is central to Artivest’s offering. We are confident that iCapital is the right service provider for our managers, advisors, and their clients," Martin Beaulieu, Artivest Chairman and CEO.
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