Acquiring Company
STG
Acquired Company
Envestnet
Description
Envestnet, Inc. has announced a definitive agreement to sell Yodlee, Inc. to STG, a private equity firm. The transaction is expected to close in the third quarter of 2025. Yodlee will benefit from STG's stewardship to pursue innovation and capitalize on market opportunities.
Quick answer
STG is acquiring Envestnet, announced June 25, 2025. STG is based in Menlo Park, California, United States.
- How much did STG pay for Envestnet?
- The deal value was not disclosed.
- What does STG do?
- STG is a private equity firm focused on funding innovative software and software-enabled tech services leaders in the mid-market.
- Where are STG and Envestnet based?
- STG is based in Menlo Park, California, United States. Envestnet is based in United States.
- Who are the decision-makers at STG?
- Fundz holds 1 contact at STG. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who to call at STG, and when
When STG changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Envestnet?
Envestnet was acquired by STG, based in Menlo Park. The deal was reported on June 25, 2025. STG is a private equity firm focused on funding innovative software and software-enabled tech services leaders in the mid-market. STG is privately held.
When did STG acquire Envestnet?
STG's acquisition of Envestnet was reported on June 25, 2025. Envestnet, Inc. has announced a definitive agreement to sell Yodlee, Inc. to STG, a private equity firm. The transaction is expected to close in the third quarter of 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Envestnet do?
Envestnet is the company acquired in this transaction. It is privately held, and is based in United States.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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