.
MergerLinks Header Logo

New Deal


Announced

InvestCloud to acquire Advicent from Vista Equity Partners.

Financials

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

Tags

Edit

Friendly

financial planning

United States

Pending

Private Equity

Software

Majority

cash flow

Acquisition

Single Bidder

Private

software development

Domestic

Synopsis

Edit

InvestCloud, a provider of cloud-based financial digital solutions, agreed to acquire Advicent, the premier cash flow, trust and tax financial planning provider, from Vista Equity Partners. Financial terms were not disclosed. The acquisition aims to create the world's leading financial planning solution. It does this by bridging the advisor-client communication gap by combining Advicent's cash flow, trust and tax financial planning engines with InvestCloud's digital client and advisor platform and existing market leading goal-based financial planning engines.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US