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New Deal


Announced

Goldman Sachs to acquire Folio Financial.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

financial sercives

Majority

Friendly

Private

United States

Diversified Financials

Acquisition

Pending

Synopsis

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Goldman Sachs agreed to acquire Folio Financial, a boutique wealth management custodian and technology company. Financial terms were not disclosed. By joining Goldman, Folio said it gains a global audience to market its investment technology to, a long-term goal of the firm.

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