Announced
Completed
Synopsis
Welsh, Carson, Anderson & Stowe, a technology-focused private equity firm, completed the acquisition of a majority stake in EquiLend, a securities lending platform. Financial terms were not disclosed. "With the necessary regulatory approvals now in place, EquiLend is poised to accelerate its growth and further the automation of the securities finance market. We believe this partnership will support EquiLend's mission to innovate and enhance industry efficiency. We look forward to working closely with EquiLend's customers, shareholders and leadership team during this exciting period of growth," Ryan Harper, WCAS General Partner.
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