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Announced

Completed

STG completed the acquisition of Yodlee from Envestnet.

Synopsis

STG, a private equity firm, completed the acquisition of Yodlee, an open finance, data aggregation, and analytics firm, from Envestnet, an American financial technology corporation. Financial terms were not disclosed. "Yodlee's solutions are integral to enabling trusted data access and intelligent analytics across the financial ecosystem. Under STG's ownership, it will operate with greater agility to pursue emerging market opportunities, accelerate speed-to-market, and deliver next-generation open finance solutions. Building on its leadership in open finance, we will drive innovation and deliver enhanced value to clients worldwide," Marc Bala, STG Managing Director.

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