Announced
Synopsis
STG, a private equity firm, agreed to acquire Yodlee, an open finance, data aggregation, and analytics firm, from Envestnet, an American financial technology corporation. Financial terms were not disclosed. "Yodlee sits at the intersection of trusted data access and intelligent analytics. It has built deep integrations across the financial ecosystem and earned the confidence of the world's leading banks, asset managers, and wealth platforms. We are excited to partner with the team to accelerate their investment in product innovation, customer success, and long-term growth. We welcome Yodlee to the STG family," Marc Bala, STG Managing Director.
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