Announced
Synopsis
Bain Capital, an American private investment firm, and Reverence Capital, a private investment firm, agreed to acquire Envestnet, an American financial technology corporation, for $4.5bn. "This is a great outcome for Envestnet's clients and employees, and one that maintains its entrepreneurial spirit. Envestnet is exceptionally well-positioned to continue to build a gateway to the future of financial advice. I couldn't be more excited about the company going forward, its continued success and ability to serve more advisors – enabling them to deliver more holistic financial advice," Bill Crager, Envestnet Co-Founder.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.