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New Deal


Announced

Completed

SEI completed the acquisition of Novus Partners.

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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Completed

portfolio analytics

United States

FinTech

Single Bidder

Acquisition

Friendly

Majority

Domestic

Private

financial technology

Synopsis

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SEI Investments, an investment advisory firm, completed the acquisition of Novus Partners, a portfolio intelligence platform company. Financial terms were not disclosed. "The financial services landscape is ever-evolving. Our markets continue to face an unprecedented pace of change, and we continuously seek opportunities to stay ahead of and manage this change. By making strategic investments in our solutions and workforce, we drive growth and help our clients make confident decisions for their futures," Alfred P. West, SEI Chairman and CEO.

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