Announced

Completed

Addepar completed the acquisition of Arcus.

Synopsis

Addepar, a technology platform serving wealth, investment, and asset management firms, completed the acquisition of Arcus, a startup specializing in enterprise AI workflows. Financial terms were not disclosed. "Addepar has consistently invested in integrating the latest technology directly into our platform and products, empowering both our internal teams and our clients to be more productive and to make more informed decisions. As the AI landscape continues to undergo rapid transformation, Addepar remains committed to staying at the forefront of advanced technology and extending these capabilities to our clients. With our outsized investment in innovation, we aim to deliver intelligent, context-aware tools that empower our clients to excel in dynamic and unpredictable markets, while ensuring we and our clients continue to enforce and refine governance best practices." Eric Poirier, Addepar CEO.

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MergerLinks - Addepar completed the acquisition of Arcus.